Singapore legislation
Regulation 3
of Income Tax (Tax Incentives for Partnerships) Regulations 2012
Regulation 3
Manner in which concessionary rate of tax may be accorded to individual partner
Amended byS 629/2019 wef 29/12/2016S 312/2024 wef 31/12/2021
Where a concessionary rate of tax is specified under section 43N or 43P for an approved partnership, the share of the applicable divisible income of a partner of that approved partnership being an individual to be assessed to tax shall be that share of the divisible income (after making the necessary deductions required by the relevant provisions of these Regulations) multiplied by the adjustment factor.