Singapore legislation
Regulation 6
of Income Tax (FLCT UK 1 Pte. Ltd., etc. — Section 13(12) Exemption) Order 2024
Regulation 6
Exemption for FLT Europe Pte. Ltd.
Subregulation 1
Dividend income received in Singapore by FLT Europe Pte. Ltd. (a company incorporated in Singapore) from FLT Europe B.V. (a company incorporated in the Netherlands) on or after 18 April 2023, is exempt from tax.
Subregulation 2
Interest income received in Singapore by FLT Europe Pte. Ltd. from FLT Europe B.V. on or after 26 November 2021, is exempt from tax.
Subregulation 3
The exemptions in sub‑paragraphs (1) and (2) are subject to the terms and conditions specified in the letters from the Ministry of Finance with the dates “19 Apr 2023 (Revised on 3 May 2023)” and “11 Apr 2024” and addressed to EY Corporate Advisors Pte. Ltd.