Regulation 1
Citation
This Order is the Income Tax (Trafigura Holdings Pte Ltd — Section 13(12) Exemption) Order 2023.
/akn/sg/act/sub_leg/1947/ITA-S663-2023
Income Tax (Trafigura Holdings Pte Ltd — Section 13(12) Exemption) Order 2023
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1947
- Sections
- 2
Quick answer
About this subsidiary legislation
Income Tax (Trafigura Holdings Pte Ltd — Section 13(12) Exemption) Order 2023 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S663-2023 1947, currently marked in force and first recorded in 1947.
Regulation 2
Exemptions
Subregulation 1
Dividend income received in Singapore by Trafigura Holdings Pte Ltd (a company incorporated in Singapore) after 1 December 2019 from Cortes Investments S.á.r.l. (a company incorporated in Luxembourg), which is in turn derived from the profits of any of the following companies, is exempt from tax:
(a)
Galena Asset Management (Asia) Pte Ltd (a company incorporated in Singapore);
(b)
Puma Energy Holdings Pte Ltd (a company incorporated in Singapore);
(c)
Trafigura Pte Ltd (a company incorporated in Singapore);
(d)
Trafigura Overseas Project Pte Ltd (a company incorporated in Singapore).
Subregulation 2
Dividend income received in Singapore by Trafigura Holdings Pte Ltd after 1 December 2019 from Trafigura Holdings Limited (a company incorporated in Malta), which is in turn derived from the profits of Pan‑African Soleil Holdings Pte Ltd (a company incorporated in Singapore), is exempt from tax.
Subregulation 3
The exemptions in sub-paragraphs (1) and (2) are subject to the conditions specified in the letters from the Ministry of Finance dated 29 August 2023 and 3 October 2023, and addressed to KPMG Services Pte. Ltd.
Common questions
- What is Income Tax (Trafigura Holdings Pte Ltd — Section 13(12) Exemption) Order 2023?
- Income Tax (Trafigura Holdings Pte Ltd — Section 13(12) Exemption) Order 2023 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S663-2023 1947, currently marked in force and first recorded in 1947.
- Is Income Tax (Trafigura Holdings Pte Ltd — Section 13(12) Exemption) Order 2023 still in force?
- Yes — Income Tax (Trafigura Holdings Pte Ltd — Section 13(12) Exemption) Order 2023 is currently in force.
- When did Income Tax (Trafigura Holdings Pte Ltd — Section 13(12) Exemption) Order 2023 take effect?
- Income Tax (Trafigura Holdings Pte Ltd — Section 13(12) Exemption) Order 2023 was first recorded in 1947.
- How many regulations does Income Tax (Trafigura Holdings Pte Ltd — Section 13(12) Exemption) Order 2023 have?
- Income Tax (Trafigura Holdings Pte Ltd — Section 13(12) Exemption) Order 2023 contains 2 regulations.
- Where can I read the official version of Income Tax (Trafigura Holdings Pte Ltd — Section 13(12) Exemption) Order 2023?
- The official text of Income Tax (Trafigura Holdings Pte Ltd — Section 13(12) Exemption) Order 2023 is published at sso.agc.gov.sg.