Singapore legislation
Regulation 2
of Income Tax (Exemption of Foreign Income) (No. 5) Order 2013
Regulation 2
Exemption
Subregulation 1
Carrier Singapore (PTE) Ltd is hereby granted exemption from tax on the dividends received in Singapore on or after 24th December 2010 from Carrier International Mauritius Ltd located in Mauritius.
Subregulation 2
The exemption under sub-paragraph (1) is subject to the terms and conditions specified in the letter of approval dated 16th April 2013 addressed to Carrier Singapore (PTE) Ltd.