Regulation 1
Citation
This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 3) Notification 2003.
/akn/sg/act/sub_leg/1947/ITA-S614-2003
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Quick answer
Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 3) Notification 2003 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S614-2003 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 Loans) (No. 3) Notification 2003.
Exemption
There shall be exempt from tax the interest payable by B.S. Ocean Maritime Pte. Ltd. from 27th October 2003 to 6th October 2008 (both dates inclusive) to Orion Line Shipping S.A. under the Finance Lease Agreement dated 9th September 2003 in respect of one DWT Bulk Carrier named “Golden Island”.