Regulation 1
Citation
This Order is the Income Tax (Jurong Engineering Limited — Section 13(12) Exemption) Order 2024.
/akn/sg/act/sub_leg/1947/ITA-S397-2024
The full official text, structured for quick navigation. Copy any provision or jump straight to a section.
Quick answer
Income Tax (Jurong Engineering Limited — Section 13(12) Exemption) Order 2024 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S397-2024 1947, currently marked in force and first recorded in 1947.
Citation
This Order is the Income Tax (Jurong Engineering Limited — Section 13(12) Exemption) Order 2024.
Exemption
Dividend income received in Singapore by Jurong Engineering Limited (a company incorporated in Singapore) during the period from 16 June 2017 to 19 July 2019 (both dates inclusive) from Konsultasi Sepadu Jaya Sdn Bhd (a company incorporated in Malaysia), which is in turn derived from the profits of Equator Engineering Sdn Bhd (a company incorporated in Malaysia), is exempt from tax.
The exemption in sub-paragraph (1) is subject to the conditions specified in the letter from the Ministry of Finance dated 16 April 2024 and addressed to Foo Kon Tan LLP.