Regulation 1
Citation
This Order may be cited as the Income Tax (Exemption of Foreign Income) (No. 2) Order 2007.
/akn/sg/act/sub_leg/1947/ITA-S367-2007
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Quick answer
Income Tax (Exemption of Foreign Income) (No. 2) Order 2007 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S367-2007 1947, currently marked in force and first recorded in 1947.
Citation
This Order may be cited as the Income Tax (Exemption of Foreign Income) (No. 2) Order 2007.
Exemption
Ghim Li Group Pte Ltd is hereby granted exemption from tax on the dividends received in Singapore from its subsidiary in Australia, GLG Corp Ltd, subject to the terms and conditions specified in the letter of approval dated 26th February 2007 addressed to the tax agent of Ghim Li Group Pte Ltd.