Regulation 1
Citation
This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 2) Notification 2004.
/akn/sg/act/sub_leg/1947/ITA-S110-2004
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Quick answer
Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 2) Notification 2004 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S110-2004 1947, currently marked in force and first recorded in 1947.
Citation
This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 2) Notification 2004.
Exemption
There shall be exempt from tax the rents (including advance, basic and supplemental rents) payable by Singapore Airlines Cargo Pte Ltd from 28th November 2003 to 21st August 2015 (both dates inclusive) to Singapore Emma Finance I S.A.S. under the Finance Lease Agreement dated 28th November 2003 in respect of one Boeing Model 747-400F (Aircraft Manufacturer’s Serial No. 32898).