Regulation 1
Citation
This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 2) Notification 2001.
/akn/sg/act/sub_leg/1947/ITA-S384-2001
Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 2) Notification 2001
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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 for Economic and Technological Development Loans) (No. 2) Notification 2001 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S384-2001 1947, currently marked in force and first recorded in 1947.
Regulation 2
Exemption
Subregulation 1
There shall be exempt from withholding tax the following payments made by Singapore Aircraft Leasing Enterprise Pte. Ltd. (referred to in this paragraph as SALE) in relation to Airbus A320-200 Aircraft Manufacturer’s Serial Number 1450:
(a)
rent payable to Caladborg Lease Limited during the period 11th May 2001 to 11th May 2011 (both dates inclusive) under a lease agreement dated 10th May 2001 for lease of the aircraft;
(b)
interest payable to Halifax PLC under a guarantee dated 10th May 2001 guaranteeing the loan obtained by Caladborg Lease Limited for purchase by Caladborg Lease Limited of the aircraft; and
(c)
fees (including front-end fees and commitment fees) payable under the lease agreement and the guarantee referred to in sub-paragraphs (a) and (b), respectively.
Subregulation 2
There shall be exempt from withholding tax the following payments made by SALE in relation to Airbus A320-200 Aircraft Manufacturer’s Serial Number 1194:
(a)
rent payable to Excalibur Express Limited during the period 19th October 2000 to 19th April 2010 (both dates inclusive) under a lease agreement dated 14th April 2000 for lease of the aircraft;
(b)
interest payable to Halifax PLC under a guarantee dated 14th April 2000 guaranteeing the loan obtained by Excalibur Express Limited for purchase by Excalibur Express Limited of the aircraft; and
(c)
fees (including front-end fees and commitment fees) payable under the lease agreement and the guarantee referred to in sub-paragraphs (a) and (b), respectively.
Subregulation 3
There shall be exempt from withholding tax the following payments made by SALE in relation to Airbus A321-200 Aircraft Manufacturer’s Serial Number 1202:
(a)
rent payable to Excalibur Express Limited during the period 19th October 2000 to 19th April 2010 (both dates inclusive) under a lease agreement dated 14th April 2000 for lease of the aircraft;
(b)
interest payable to Halifax PLC under a guarantee dated 14th April 2000 guaranteeing the loan obtained by Excalibur Express Limited for purchase by Excalibur Express Limited of the aircraft; and
(c)
fees (including front-end fees and commitment fees) payable under the lease agreement and the guarantee referred to in sub-paragraphs (a) and (b), respectively.
Common questions
- What is Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 2) Notification 2001?
- Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 2) Notification 2001 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S384-2001 1947, currently marked in force and first recorded in 1947.
- Is Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 2) Notification 2001 still in force?
- Yes — Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 2) Notification 2001 is currently in force.
- When did Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 2) Notification 2001 take effect?
- Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 2) Notification 2001 was first recorded in 1947.
- How many regulations does Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 2) Notification 2001 have?
- Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 2) Notification 2001 contains 2 regulations.
- Where can I read the official version of Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 2) Notification 2001?
- The official text of Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 2) Notification 2001 is published at sso.agc.gov.sg.