Singapore legislation

Regulation 6

of Income Tax (Gains from Short-term Transactions of Shares in Private Real Property Company) Regulations

Regulation 6

Timing of acquisition of shares by right of survivorship

For the purposes of section 10G of the Act, where any person has disposed of any interest in shares in a relevant company which was acquired by him as a surviving joint owner by the operation of the right of survivorship upon the death of any other joint owner of the shares, he shall be deemed to have acquired the interest at the same time the deceased acquired the interest in the shares.

Read in full context — Income Tax (Gains from Short-term Transactions of Shares in Private Real Property Company) Regulations →