Singapore legislation
Regulation 2
of Income Tax (Tetra Pak Asia Pte Ltd — Section 13(12) Exemption) Order 2022
Regulation 2
Exemption
Subregulation 1
Income comprising dividends amounting to $22,672,059 that is received in Singapore by Tetra Pak Asia Pte Ltd (a company incorporated in Singapore) from Tetra Pak Manufacturing Pty. Limited (a company incorporated in Australia) in the basis periods for the years of assessment 2017 to 2020 is exempt from tax.
Subregulation 2
The exemption in sub-paragraph (1) is subject to the terms and conditions specified in the letter of approval dated 5 May 2022 addressed to EY Corporate Advisors Pte. Ltd.