Singapore legislation

Regulation 3

of Income Tax (Exemption of Royalties and Other Payments for Economic and Technological Development) (No. 2) Notification 2003

Regulation 3

Exemption

There shall be exempt from tax any income referred to in section 12(7) of the Act of a non-resident person accruing in or derived from Singapore during the period from 28th February 2003 to 27th February 2013 (both dates inclusive) that is a payment —

(a)

made to the non-resident person by an end-user for —

(i)

information; or

(ii)

digitised goods;

(b)

not derived from any trade or business carried on or exercised by the non-resident person in Singapore; and

(c)

not effectively connected with any permanent establishment in Singapore.

Read in full context — Income Tax (Exemption of Royalties and Other Payments for Economic and Technological Development) (No. 2) Notification 2003 →