Regulation 1
Citation
This Order is the Income Tax (APTIV Safety & Mobility Services Singapore Pte Ltd — Section 13(12) Exemption) Order 2019.
/akn/sg/act/sub_leg/1947/ITA-S489-2019
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Quick answer
Income Tax (APTIV Safety & Mobility Services Singapore Pte Ltd — Section 13(12) Exemption) Order 2019 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S489-2019 1947, currently marked in force and first recorded in 1947.
Citation
This Order is the Income Tax (APTIV Safety & Mobility Services Singapore Pte Ltd — Section 13(12) Exemption) Order 2019.
Exemption
Dividends amounting to US$62,713,110 received in Singapore by APTIV Safety & Mobility Services Singapore Pte. Ltd. (a company incorporated in Singapore) from Delphi China LLC (a company incorporated in the United States of America) in the basis periods for the years of assessment 2014 to 2016, are exempt from tax.
The exemption in sub‑paragraph (1) is subject to the conditions specified in paragraphs 4 and 5 of the letter of approval dated 9 May 2019 addressed to APTIV Safety & Mobility Services Singapore Pte. Ltd.