Singapore legislation
Regulation 3
of Income Tax (Remission of Tax on Income from Common Fund) Order 2017
Regulation 3
Remission
Subregulation 1
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
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.