Singapore legislation

Regulation 2

of Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 4) Notification 2004

Regulation 2

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”.

Read in full context — Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 4) Notification 2004 →