Regulation 1
Citation and commencement
This Notification is the Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2022 and is deemed to have come into operation on 8 April 2012.
/akn/sg/act/sub_leg/1947/ITA-S151-2022
Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2022
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1947
- Sections
- 2
Quick answer
About this subsidiary legislation
Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2022 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S151-2022 1947, currently marked in force and first recorded in 1947.
Regulation 2
Exemption
Subregulation 1
The interest of JPY214,069,590 payable by United Sky Shipping Pte. Ltd. to Galva Kogyo Co., Ltd from 8 April 2012 to 8 February 2025 (both dates inclusive), in respect of a loan granted under a loan agreement dated 10 February 2010 to finance the acquisition of a Singapore‑flagged vessel “Chemical Mariner” is exempt from tax.
Subregulation 2
The exemption under sub‑paragraph (1) is subject to the terms and conditions specified in the letter of approval dated 3 February 2022 issued by the Ministry of Finance and addressed to United Sky Shipping Pte. Ltd.
Common questions
- What is Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2022?
- Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2022 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S151-2022 1947, currently marked in force and first recorded in 1947.
- Is Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2022 still in force?
- Yes — Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2022 is currently in force.
- When did Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2022 take effect?
- Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2022 was first recorded in 1947.
- How many regulations does Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2022 have?
- Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2022 contains 2 regulations.
- Where can I read the official version of Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2022?
- The official text of Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2022 is published at sso.agc.gov.sg.