Singapore legislation

Regulation 4

of Income Tax (Exemption of Relevant Income of Eligible Family-owned Investment Holding Company) Regulations 2009

Regulation 4

Deduction of certain losses not allowed

Any expenses in excess of the relevant income of an eligible family-owned investment holding company shall not be set-off against or be allowable as a loss against any income of the company that is chargeable to tax and shall be disregarded.

Read in full context — Income Tax (Exemption of Relevant Income of Eligible Family-owned Investment Holding Company) Regulations 2009 →