Subsidiary LegislationIn force

Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005

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Enacted: 1947
Sections: 3

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. 7) Notification 2005.

Regulation 2

Exemption

Amended byS 32/2012 wef 01/01/2009

Subregulation 1

There shall be exempt from tax the interest payable by an approved international shipping enterprise on an approved loan to a lender outside Singapore, subject to the conditions imposed by the Minister and notified to the approved international shipping enterprise.

Subregulation 2

In this paragraph —

Definition

“approved international shipping enterprise” means a company approved as an international shipping enterprise under section 13F of the Act;

Definition

“approved loan” means a loan or other arrangement similar in nature to a loan in a currency other than Singapore dollars approved for the purposes of sub-paragraph (1) by the Minister;

Definition

“interest” includes any front-end and commitment fees payable under an approved loan to a lender outside Singapore.

Subregulation 3

Amended byS 32/2012 wef 01/01/2009

This paragraph only applies in relation to an approved loan that was approved by the Minister before 1st January 2009.

Regulation 3

Cancellation

The Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) Notification 2002 (G.N. No. S 647/2002) is cancelled.

Common questions

What is Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005?: Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S582-2005 1947, currently marked in force and first recorded in 1947.
Is Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 still in force?: Yes — Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 is currently in force.
When did Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 take effect?: Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 was first recorded in 1947.
How many regulations does Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 have?: Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 contains 3 regulations.
Where can I read the official version of Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005?: The official text of Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 is published at sso.agc.gov.sg.

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Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005

The full official text, structured for quick navigation. Copy any provision or jump straight to a section.

Enacted

1947

Sections

Common questions

What is Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005?

Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S582-2005 1947, currently marked in force and first recorded in 1947.

Is Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 still in force?

Yes — Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 is currently in force.

When did Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 take effect?

Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 was first recorded in 1947.

How many regulations does Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 have?

Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 contains 3 regulations.

Where can I read the official version of Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005?

The official text of Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 7) Notification 2005 is published at sso.agc.gov.sg.

Something wrong on this page?