Singapore legislation

Regulation 3

of Income Tax (Concessionary Rate of Tax for Income Derived from Managing Qualifying Registered Business Trust or Company) Regulations 2009

Regulation 3

Prescribed offshore infrastructure asset or project

Amended byS 932/2022 wef 31/12/2021

The offshore infrastructure asset or project prescribed for the purposes of section 43S of the Act is any infrastructure asset and project —

(a)

of the kind prescribed in the Income Tax (Qualifying Project Debt Securities) Regulations 2008 (G.N. No. S 315/2008) for the purposes of paragraph (b) of the definition of “qualifying project debt securities” in section 13(16) of the Act; and

(b)

which is situated in any territory outside Singapore.

Read in full context — Income Tax (Concessionary Rate of Tax for Income Derived from Managing Qualifying Registered Business Trust or Company) Regulations 2009 →