Singapore legislation
Regulation 2
of Income Tax (Exemption of Foreign Income) (No. 2) Order 2013
Regulation 2
Exemption
Subregulation 1
Medi-Flex Limited is hereby granted exemption from tax on the dividends received in Singapore on or after 21st December 2011 from Flexitech Sdn Bhd, a company located in Malaysia.
Subregulation 2
The exemption under sub-paragraph (1) is subject to the terms and conditions specified in the letter of approval dated 10th January 2013 addressed to the tax agent of Medi-Flex Limited.