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. 4) Notification 2004.
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Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 4) Notification 2004 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S397-2004 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. 4) Notification 2004.
Exemption
There shall be exempt from tax the interest and related fees payable by Hung Fu Shipping (Singapore) Pte Ltd from 29th May 2002 to 29th May 2013 (both dates inclusive) to Cotton Maritime Industry, S.A., under the Loan Agreement dated 27th May 2002 in respect of the vessel “Oak Wave”.
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