Regulation 1
Citation and commencement
This Notification is the Income Tax (Smit Lamnalco Singapore Pte. Ltd. — Section 13(4) Exemption) Notification 2020 and is deemed to have come into operation on 1 April 2014.
/akn/sg/act/sub_leg/1947/ITA-S897-2020
Income Tax (Smit Lamnalco Singapore Pte. Ltd. — Section 13(4) Exemption) Notification 2020
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1947
- Sections
- 2
Quick answer
About this subsidiary legislation
Income Tax (Smit Lamnalco Singapore Pte. Ltd. — Section 13(4) Exemption) Notification 2020 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S897-2020 1947, currently marked in force and first recorded in 1947.
Regulation 2
Exemption
Subregulation 1
The interest of US$10,617,918 payable by Smit Lamnalco Singapore Pte. Ltd. to Smit Lamnalco Ltd, Sharjah Branch office from 1 April 2014 to 15 October 2018 (both dates inclusive), in respect of a loan granted under a loan agreement dated 15 October 2013 for the purpose of financing the acquisition of the vessels “Smit Koongo”, “Smit Yallarm”, “Smit Awoonga”, “Smit Tondoon”, “Smit Kullaroo” and “Smit Leopard”, is exempt from tax.
Subregulation 2
The exemption under sub‑paragraph (1) is subject to the conditions specified in the letter of approval dated 28 August 2020 issued by the Ministry of Finance and addressed to Smit Lamnalco Singapore Pte. Ltd.
Common questions
- What is Income Tax (Smit Lamnalco Singapore Pte. Ltd. — Section 13(4) Exemption) Notification 2020?
- Income Tax (Smit Lamnalco Singapore Pte. Ltd. — Section 13(4) Exemption) Notification 2020 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S897-2020 1947, currently marked in force and first recorded in 1947.
- Is Income Tax (Smit Lamnalco Singapore Pte. Ltd. — Section 13(4) Exemption) Notification 2020 still in force?
- Yes — Income Tax (Smit Lamnalco Singapore Pte. Ltd. — Section 13(4) Exemption) Notification 2020 is currently in force.
- When did Income Tax (Smit Lamnalco Singapore Pte. Ltd. — Section 13(4) Exemption) Notification 2020 take effect?
- Income Tax (Smit Lamnalco Singapore Pte. Ltd. — Section 13(4) Exemption) Notification 2020 was first recorded in 1947.
- How many regulations does Income Tax (Smit Lamnalco Singapore Pte. Ltd. — Section 13(4) Exemption) Notification 2020 have?
- Income Tax (Smit Lamnalco Singapore Pte. Ltd. — Section 13(4) Exemption) Notification 2020 contains 2 regulations.
- Where can I read the official version of Income Tax (Smit Lamnalco Singapore Pte. Ltd. — Section 13(4) Exemption) Notification 2020?
- The official text of Income Tax (Smit Lamnalco Singapore Pte. Ltd. — Section 13(4) Exemption) Notification 2020 is published at sso.agc.gov.sg.