Singapore legislation
Regulation 2
of Income Tax (FLCT UK Pte. Ltd. — Section 13(12) Exemption) Order 2022
Regulation 2
Exemption
Subregulation 1
The following income received in Singapore by FLCT UK Pte. Ltd. (a company incorporated in Singapore) from Maxis Business Park Limited (a company incorporated in Jersey) on or after 22 June 2021 is exempt from tax:
(a)
dividend income;
(b)
interest income.
Subregulation 2
The exemption in sub-paragraph (1) is subject to the conditions specified in the letter of approval dated 22 June 2021 addressed to EY Corporate Advisors Pte. Ltd.