Regulation 1
Citation
This Notification is the Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2016.
/akn/sg/act/sub_leg/1947/ITA-S5-2016
Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2016
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1947
- Sections
- 2
Quick answer
About this subsidiary legislation
Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2016 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S5-2016 1947, currently marked in force and first recorded in 1947.
Regulation 2
Exemption
The interest payable by Loreto Maritime Pte Ltd to —
(a)
CITIC Pacific Limited (now known as CITIC Limited) from 10 February 2014 to 9 September 2014 (both dates inclusive); and
(b)
CITIC Mining International Ltd from 10 September 2014 to 31 October 2014 (both dates inclusive),in respect of a loan of US$198,725 obtained under a loan agreement dated 3 May 2012 for the partial financing of the construction of “Magdragon II” (a vessel registered as a Singapore ship under the Merchant Shipping Act (Cap. 179)), is exempt from tax.
Common questions
- What is Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2016?
- Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2016 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S5-2016 1947, currently marked in force and first recorded in 1947.
- Is Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2016 still in force?
- Yes — Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2016 is currently in force.
- When did Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2016 take effect?
- Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2016 was first recorded in 1947.
- How many regulations does Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2016 have?
- Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2016 contains 2 regulations.
- Where can I read the official version of Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2016?
- The official text of Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) Notification 2016 is published at sso.agc.gov.sg.