Regulation 1
Citation
This Order is the Income Tax (Olam Group Limited — Section 13(12) Exemption) Order 2024.
/akn/sg/act/sub_leg/1947/ITA-S218-2024
Income Tax (Olam Group Limited — Section 13(12) Exemption) Order 2024
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1947
- Sections
- 2
Quick answer
About this subsidiary legislation
Income Tax (Olam Group Limited — Section 13(12) Exemption) Order 2024 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S218-2024 1947, currently marked in force and first recorded in 1947.
Regulation 2
Exemption
Subregulation 1
Dividend income received in Singapore by Olam Group Limited (a company incorporated in Singapore) after 3 January 2024 from Olam Food Ingredients Group Limited (a company incorporated in the United Kingdom), which is in turn derived from the following income of Olam International Limited (a company incorporated in Singapore), is exempt from tax:
(a)
income from Olam International Limited’s business in Singapore;
(b)
foreign dividends received by Olam International Limited.
Subregulation 2
The exemption in sub-paragraph (1) is subject to the conditions specified in the letter from the Ministry of Finance dated 3 January 2024 and addressed to Ernst & Young Solutions LLP.
Common questions
- What is Income Tax (Olam Group Limited — Section 13(12) Exemption) Order 2024?
- Income Tax (Olam Group Limited — Section 13(12) Exemption) Order 2024 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S218-2024 1947, currently marked in force and first recorded in 1947.
- Is Income Tax (Olam Group Limited — Section 13(12) Exemption) Order 2024 still in force?
- Yes — Income Tax (Olam Group Limited — Section 13(12) Exemption) Order 2024 is currently in force.
- When did Income Tax (Olam Group Limited — Section 13(12) Exemption) Order 2024 take effect?
- Income Tax (Olam Group Limited — Section 13(12) Exemption) Order 2024 was first recorded in 1947.
- How many regulations does Income Tax (Olam Group Limited — Section 13(12) Exemption) Order 2024 have?
- Income Tax (Olam Group Limited — Section 13(12) Exemption) Order 2024 contains 2 regulations.
- Where can I read the official version of Income Tax (Olam Group Limited — Section 13(12) Exemption) Order 2024?
- The official text of Income Tax (Olam Group Limited — Section 13(12) Exemption) Order 2024 is published at sso.agc.gov.sg.