Singapore legislation

Regulation 2

of Income Tax (APTIV Safety & Mobility Services Singapore Pte Ltd — Section 13(12) Exemption) Order 2019

Regulation 2

Exemption

Subregulation 1

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.

Subregulation 2

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.

Read in full context — Income Tax (APTIV Safety & Mobility Services Singapore Pte Ltd — Section 13(12) Exemption) Order 2019 →