Singapore legislation
Regulation 7
of Income Tax (Qualifying Project Debt Securities) Regulations 2008
Regulation 7
Waiver of withholding of tax in respect of interest, etc., paid to non-resident person
The conditions referred to in sections 45(9)(b) and 45A(2B)(b) of the Act are as follows:
an issuer of any qualifying project debt securities must include in all offering documents a statement to the effect that any person whose interest, discount, early redemption fee or redemption premium from those securities is not exempt from tax must include such interest, discount, early redemption fee or redemption premium in a return of income made under the Act;
an issuer of any qualifying project debt securities, or such other person as the Authority may direct, shall furnish to the Authority a return on those securities within such period as the Authority may specify and such other particulars in connection with those securities as the Authority may require.