Singapore legislation
Regulation 3
of Income Tax (Exemption of Foreign Income) (No. 4) Order 2012
Regulation 3
Exemption for Gan Yue Cheng Holdings Pte. Ltd. and Gan Yue Cheng Pte. Ltd.
Subregulation 1
Gan Yue Cheng Holdings Pte. Ltd. and Gan Yue Cheng Pte. Ltd. are hereby granted exemption from tax on the dividends received in Singapore on 8th February 2010 and 8th March 2010 from Hong Bee Land Sdn. Bhd. 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 26th June 2012 addressed to the tax agent of Gan Yue Cheng Holdings Pte. Ltd. and Gan Yue Cheng Pte. Ltd.