Singapore legislation
Regulation 2
of Income Tax (Substituted Rate for Withholding of Tax for Aircraft Charter Payments) Rules 2018
Regulation 2
Substituted rate of withholding tax
The rate for the deduction of tax in section 45(1)(a)(iii) of the Act (as applied by section 45A(1) of the Act) is substituted with 2% for a person making a payment, under any agreement or arrangement for the charter of any aircraft, to another person not known to the first person to be resident in Singapore.