laws.sg

/akn/sg/act/sub_leg/1947/ITA-S412-2017

Income Tax (Remission of Tax on Income from Common Fund) Order 2017

The full official text, structured for quick navigation. Copy any provision or jump straight to a section.

Open source PDF
Type
Subsidiary Legislation
Status
In force
Enacted
1947
Sections
3

Quick answer

About this subsidiary legislation

Income Tax (Remission of Tax on Income from Common Fund) Order 2017 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S412-2017 1947, currently marked in force and first recorded in 1947.

Regulation 1

Citation

Open as pageSuggest a correction

This Order is the Income Tax (Remission of Tax on Income from Common Fund) Order 2017.

Regulation 2

Definition

Open as pageSuggest a correction

In this Order, “Common Fund” has the same meaning as in the Public Trustee Act (Cap. 260).

Regulation 3

Remission

Open as pageSuggest a correction

Subregulation 1

Suggest a correction

For the year of assessment 2012 and every subsequent year of assessment, the tax payable on the first $20,000 of the income mentioned in sub‑paragraph (2) of an incapacitated person who is not resident in Singapore, is remitted.

Subregulation 2

Suggest a correction

The income to which sub‑paragraph (1) applies is any payment made to the incapacitated person, out of income paid to an estate of which the person is a beneficiary, from the investment of the Common Fund.

Common questions

What is Income Tax (Remission of Tax on Income from Common Fund) Order 2017?
Income Tax (Remission of Tax on Income from Common Fund) Order 2017 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S412-2017 1947, currently marked in force and first recorded in 1947.
Is Income Tax (Remission of Tax on Income from Common Fund) Order 2017 still in force?
Yes — Income Tax (Remission of Tax on Income from Common Fund) Order 2017 is currently in force.
When did Income Tax (Remission of Tax on Income from Common Fund) Order 2017 take effect?
Income Tax (Remission of Tax on Income from Common Fund) Order 2017 was first recorded in 1947.
How many regulations does Income Tax (Remission of Tax on Income from Common Fund) Order 2017 have?
Income Tax (Remission of Tax on Income from Common Fund) Order 2017 contains 3 regulations.
Where can I read the official version of Income Tax (Remission of Tax on Income from Common Fund) Order 2017?
The official text of Income Tax (Remission of Tax on Income from Common Fund) Order 2017 is published at sso.agc.gov.sg.