Singapore legislation

Regulation 10

of Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (Consolidation) Notification

Regulation 10

Amended byS 339/98

There shall be exempt from withholding tax the interest payable by —

(a)

Hung Li Shipping (Singapore) Pte Ltd to Leo Mild S.A., under the Deferred Sale Agreement dated 28th April 1997, from 8th May 1997 to 8th May 2007; (b)Hung Li Shipping (Singapore) Pte Ltd to The Sumitomo Bank Ltd, Japan, under the Deferred Sale Agreement dated 16th July 1997, from 17th July 1997 to 17th July 2015; and (c)Hung Fu Shipping (Singapore) Pte Ltd to The Setouchi Bank Limited, Japan, under the Loan and Guarantee Agreement dated 31st March 1998, from 5th October 1998 to 5th October 2012.

Read in full context — Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (Consolidation) Notification →