Regulation 1
Citation
This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) Notification 2003.
/akn/sg/act/sub_leg/1947/ITA-S241-2003
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Quick answer
Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) Notification 2003 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S241-2003 1947, currently marked in force and first recorded in 1947.
Citation
This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) Notification 2003.
Exemption
There shall be exempt from tax interest payable from 3rd September 2001 to 3rd September 2009 by Singapore Aircraft Leasing Enterprise Pte Ltd to the following banks under the Loan Agreement dated 18th April 2001 and the Amendment Agreement dated 8th February 2002, in respect of one Airbus A320-214 aircraft with Manufacturer’s Serial Number 1439:
BNP Paribas, Paris, France;
Bankgesellschaft Berlin AG, London branch; and
Hamburgische Landesbank Girozentrale, Hamburg, Germany.