Regulation 1
Citation
This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development) (No. 4) Notification 2008.
/akn/sg/act/sub_leg/1947/ITA-S432-2008
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Quick answer
Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development) (No. 4) Notification 2008 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S432-2008 1947, currently marked in force and first recorded in 1947.
Citation
This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development) (No. 4) Notification 2008.
Exemption
There shall be exempt from tax the interest payable by Oversea-Chinese Banking Corporation Limited to OCBC Capital Corporation (2008) on the subordinated intercompany note issued by Oversea-Chinese Banking Corporation Limited on 27th August 2008.
The exemption is subject to the conditions specified in the letter of approval dated 15th July 2008 addressed to Allen & Gledhill LLP.