Regulation 1
Citation
This Order is the Income Tax (Parkway Life Real Estate Investment Trust — Section 13(12) Exemption) Order 2025.
/akn/sg/act/sub_leg/1947/ITA-S829-2025
Income Tax (Parkway Life Real Estate Investment Trust — Section 13(12) Exemption) Order 2025
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1947
- Sections
- 2
Quick answer
About this subsidiary legislation
Income Tax (Parkway Life Real Estate Investment Trust — Section 13(12) Exemption) Order 2025 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S829-2025 1947, currently marked in force and first recorded in 1947.
Regulation 2
Exemption
Subregulation 1
The following income received in Singapore by HSBC Institutional Trust Services (Singapore) Limited (a company incorporated in Singapore) in its capacity as the trustee of Parkway Life Real Estate Investment Trust (a trust constituted in Singapore) on or after 12 November 2025 is exempt from tax:
(a)
interest income received from Parkway Life Santé 6 SCI (a company incorporated in France), which originates from rental and other property-related income (including capital gain derived from divestment of property) in relation to the property named “Résidence d’Automne”, located at 11 avenue du Docteur Schweitzer, Champs‑sur‑Yonne – 89290, France;
(b)
interest income received from Parkway Life Santé 7 SCI (a company incorporated in France), which originates from rental and other property‑related income (including capital gain derived from divestment of property) in relation to the property named “Le Clos Rousset”, located at Chemin Rousset, Saint‑Marcel‑lès‑Valence – 26320, France;
(c)
interest income received from Parkway Life Santé 8 SCI (a company incorporated in France), which originates from rental and other property‑related income (including capital gain derived from divestment of property) in relation to the property named “Résidence Ducale”, located at 7 rue des Aliziers, Villers‑Semeuse – 08000, France;
(d)
interest income received from Parkway Life Santé 9 SCI (a company incorporated in France), which originates from rental and other property‑related income (including capital gain derived from divestment of property) in relation to the property named “La Demeure du Bois Ardent”, located at 780 rue de l’Exode, Saint‑Lô – 50000, France.
Subregulation 2
The exemption in sub‑paragraph (1) is subject to the conditions specified in the letter from the Inland Revenue Authority of Singapore with the date “12 November 2025 (Revised on 5 December 2025)” that is issued on behalf of the Minister for Finance and addressed to KPMG Services Pte. Ltd.
Common questions
- What is Income Tax (Parkway Life Real Estate Investment Trust — Section 13(12) Exemption) Order 2025?
- Income Tax (Parkway Life Real Estate Investment Trust — Section 13(12) Exemption) Order 2025 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S829-2025 1947, currently marked in force and first recorded in 1947.
- Is Income Tax (Parkway Life Real Estate Investment Trust — Section 13(12) Exemption) Order 2025 still in force?
- Yes — Income Tax (Parkway Life Real Estate Investment Trust — Section 13(12) Exemption) Order 2025 is currently in force.
- When did Income Tax (Parkway Life Real Estate Investment Trust — Section 13(12) Exemption) Order 2025 take effect?
- Income Tax (Parkway Life Real Estate Investment Trust — Section 13(12) Exemption) Order 2025 was first recorded in 1947.
- How many regulations does Income Tax (Parkway Life Real Estate Investment Trust — Section 13(12) Exemption) Order 2025 have?
- Income Tax (Parkway Life Real Estate Investment Trust — Section 13(12) Exemption) Order 2025 contains 2 regulations.
- Where can I read the official version of Income Tax (Parkway Life Real Estate Investment Trust — Section 13(12) Exemption) Order 2025?
- The official text of Income Tax (Parkway Life Real Estate Investment Trust — Section 13(12) Exemption) Order 2025 is published at sso.agc.gov.sg.