Singapore legislation
Regulation 4
of Income Tax (Concessionary Rate of Tax for Approved Headquarters Company) Regulations
Regulation 4
Concessionary rate of tax
Subregulation 1
Tax shall be payable at the rate of 10% on the income of an approved headquarters company —
in respect of the provision of qualifying services which have been approved under section 43E(2)(a) of the Act; and
in respect of qualifying treasury, investment or financial activities which have been approved under section 43E(2)(b) of the Act.
Subregulation 2
Notwithstanding paragraph (1), there shall be exempt from tax the income of a headquarters company approved under section 43E(3) of the Act in respect of the provision of qualifying services which have been approved under section 43E(3)(a) of the Act.
Subregulation 3
This regulation shall apply in relation to an approved headquarters company from such date as the Minister, or such person as he may appoint, may specify.