Regulation 1
Citation
This Order is the Income Tax (Cromwell European Real Estate Investment Trust — Section 13(12) Exemption) (No. 2) Order 2024.
/akn/sg/act/sub_leg/1947/ITA-S356-2024
Income Tax (Cromwell European Real Estate Investment Trust — Section 13(12) Exemption) (No. 2) Order 2024
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1947
- Sections
- 2
Quick answer
About this subsidiary legislation
Income Tax (Cromwell European Real Estate Investment Trust — Section 13(12) Exemption) (No. 2) Order 2024 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S356-2024 1947, currently marked in force and first recorded in 1947.
Regulation 2
Exemption
Subregulation 1
Interest income received in Singapore by Cromwell SG SPV 2 Pte. Ltd. (a company incorporated in Singapore) on or after 28 March 2024 from Cromwell EREIT Lux 2 S.à.r.l. (a company incorporated in Luxembourg), which is paid out of rental and other property‑related income from the properties specified in sub‑paragraph (4), is exempt from tax.
Subregulation 2
Dividend income received in Singapore by Cromwell SG SPV 5 Pte. Ltd. (a company incorporated in Singapore) on or after 28 March 2024 from Cromwell EREIT Lux 5 S.à.r.l. (a company incorporated in Luxembourg), which is paid out of rental and other property‑related income from the properties specified in sub‑paragraph (5), is exempt from tax.
Subregulation 3
The exemptions in sub‑paragraphs (1) and (2) are subject to the conditions specified in the letter from the Ministry of Finance dated 27 March 2024 and addressed to PricewaterhouseCoopers Singapore Pte. Ltd.
Subregulation 4
For the purpose of sub‑paragraph (1), the properties are the following:
(a)
the property named “Moravia Industrial Park”, located at Jaktare 1752, 686 01 Uherske Hradiste, Czech Republic;
(b)
the property named “Lovosice ONE Industrial Park I”, located at Tovami 1162, 410 02 Lovosice, Czech Republic;
(c)
the property named “Lovosice ONE Industrial Park II”, located at Prumyslova 1190, 410 02 Lovosice, Czech Republic;
(d)
the property named “South Moravia Industrial Park”, located at Cukrovarska 494/39/ Mesto, 682 01 Vyskov, Czech Republic;
(e)
the property named “Pisek Industrial Park I”, located at Stanislava Mlainy 464, 397 01 Pisek, Czech Republic;
(f)
the property named “Pisek Industrial Park II”, located at U Hrebcince 2564/23, 391 01 Pisek, Czech Republic;
(g)
the property named “One - Hradec Králové”, located at Vážní 536, 500 03 Hradec Králové, Czech Republic;
(h)
the property named “Nove Mesto ONE Industrial Park III”, located at Rakol’uby 241, 916 31 Kocovce, Slovakia;
(i)
the property named “Zilina Industrial Park”, located at Priemyselna 1, 013 02 Nededza, Slovakia;
(j)
the property named “Nove Mesto ONE Industrial Park II”, located at Kocovce 245, 916 31 Kocovce, Slovakia;
(k)
the property named “Nove Mesto ONE Industrial Park I”, located at Beckov 645, 916 38 Beckov, Slovakia;
(l)
the property named “Kosice Industrial Park”, located at Vel’ka Ida 785, 044 55 Velká Ida, Slovakia.
Subregulation 5
For the purpose of sub-paragraph (2), the properties are the following:
(a)
the property named “Via Fornace”, located at Via Fornace snc, Mira, Italy;
(b)
the property named “Via Fogliano 1”, located at Via Fogliano 1, Coccaglio, Brescia, Italy;
(c)
the property named “Via dell’Industria 18”, located at Via dell’Industria 18, Vittuone, Milan, Italy.
Common questions
- What is Income Tax (Cromwell European Real Estate Investment Trust — Section 13(12) Exemption) (No. 2) Order 2024?
- Income Tax (Cromwell European Real Estate Investment Trust — Section 13(12) Exemption) (No. 2) Order 2024 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S356-2024 1947, currently marked in force and first recorded in 1947.
- Is Income Tax (Cromwell European Real Estate Investment Trust — Section 13(12) Exemption) (No. 2) Order 2024 still in force?
- Yes — Income Tax (Cromwell European Real Estate Investment Trust — Section 13(12) Exemption) (No. 2) Order 2024 is currently in force.
- When did Income Tax (Cromwell European Real Estate Investment Trust — Section 13(12) Exemption) (No. 2) Order 2024 take effect?
- Income Tax (Cromwell European Real Estate Investment Trust — Section 13(12) Exemption) (No. 2) Order 2024 was first recorded in 1947.
- How many regulations does Income Tax (Cromwell European Real Estate Investment Trust — Section 13(12) Exemption) (No. 2) Order 2024 have?
- Income Tax (Cromwell European Real Estate Investment Trust — Section 13(12) Exemption) (No. 2) Order 2024 contains 2 regulations.
- Where can I read the official version of Income Tax (Cromwell European Real Estate Investment Trust — Section 13(12) Exemption) (No. 2) Order 2024?
- The official text of Income Tax (Cromwell European Real Estate Investment Trust — Section 13(12) Exemption) (No. 2) Order 2024 is published at sso.agc.gov.sg.