Regulation 1
Citation
This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 3) Notification 2004.
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Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 3) Notification 2004 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S200-2004 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 on Economic and Technological Development Loans) (No. 3) Notification 2004.
Exemption
There shall be exempt from tax the rents (including advance, basic and supplemental rents) payable by Singapore Airlines Cargo Pte. Ltd. from 5th March 2004 to 5th March 2016 (both dates inclusive) to Singapore Emma Finance II S.A.S. under a Lease Agreement dated 5th March 2004 in respect of one Boeing Model 747-400F (Aircraft Manufacturer’s Serial No. 32899).
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