Singapore legislation
Regulation 2
of Income Tax (Trafigura Pte Ltd — Section 13(12) Exemption) Order 2026
Regulation 2
Exemption
Subregulation 1
Branch profits received in Singapore by Trafigura Pte Ltd (a company incorporated in Singapore) on or after 2 January 2026 from its branches in Montevideo, Uruguay and Dubai, United Arab Emirates are exempt from tax.
Subregulation 2
The exemption in sub‑paragraph (1) is subject to the conditions specified in the letter from the Inland Revenue Authority of Singapore dated 2 January 2026 that is issued on behalf of the Minister for Finance and addressed to Trafigura Pte Ltd.