Income Tax (Seagate Data Storage Technology Pte. Ltd. — Section 13(12) Exemption) Order 2026

This Order is the Income Tax (Seagate Data Storage Technology Pte. Ltd. — Section 13(12) Exemption) Order 2026.

Dividend income described in sub‑paragraph (2) received in Singapore by Seagate Data Storage Technology Pte. Ltd. (UEN 202404377W) during the period from 1 September 2026 to 31 August 2031 (both dates inclusive) from Seagate HDD Cayman (a company incorporated in the Cayman Islands) is exempt from tax.

Sub‑paragraph (1) applies to dividend income that is derived from dividend income received by Seagate HDD Cayman from Seagate Technology International (a company incorporated in the Cayman Islands), which is in turn derived from the profits of Seagate Singapore International Headquarters Pte. Ltd. (UEN 199700025H).

The exemption in sub‑paragraph (1) is subject to the conditions specified in the letter from the Inland Revenue Authority of Singapore dated 18 August 2026 that is issued on behalf of the Minister for Finance and addressed to Baker & McKenzie.Wong & Leow.

Dividend income described in sub‑paragraph (2) received in Singapore by Seagate Data Storage Technology Pte. Ltd. (UEN 202404377W) during the period from 1 September 2026 to 31 August 2031 (both dates inclusive) from Seagate HDD Cayman (a company incorporated in the Cayman Islands) is exempt from tax.

Sub‑paragraph (1) applies to dividend income that is derived from dividend income received by Seagate HDD Cayman from Seagate Technology International (a company incorporated in the Cayman Islands), which is in turn derived from the profits of Seagate Singapore International Headquarters Pte. Ltd. (UEN 199700025H).

The exemption in sub‑paragraph (1) is subject to the conditions specified in the letter from the Inland Revenue Authority of Singapore dated 18 August 2026 that is issued on behalf of the Minister for Finance and addressed to Baker & McKenzie.Wong & Leow.