Regulation 1
Citation
This Order is the Income Tax (Parkway Life Japan4 Pte. Ltd. — Section 13(12) Exemption) (No. 2) Order 2021.
/akn/sg/act/sub_leg/1947/ITA-S755-2021
Income Tax (Parkway Life Japan4 Pte. Ltd. — Section 13(12) Exemption) (No. 2) Order 2021
The full official text, structured for quick navigation. Copy any provision or jump straight to a section.
- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1947
- Sections
- 2
Quick answer
About this subsidiary legislation
Income Tax (Parkway Life Japan4 Pte. Ltd. — Section 13(12) Exemption) (No. 2) Order 2021 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S755-2021 1947, currently marked in force and first recorded in 1947.
Regulation 2
Exemption
Subregulation 1
Any partnership profit described in sub‑paragraph (2) that is distributed by Godo Kaisha Samurai 15 (an entity incorporated in Japan) and received in Singapore by Parkway Life Japan4 Pte. Ltd. (a company incorporated in Singapore) on or after 31 August 2021 is exempt from tax.
Subregulation 2
Sub‑paragraph (1) applies to partnership profit comprising —
(a)
rental income derived from rental of a specified property; or
(b)
capital gain derived from the divestment of a specified property.
Subregulation 3
The exemption in sub‑paragraph (1) is subject to the conditions specified in the letter of approval dated 31 August 2021 addressed to Parkway Trust Management Limited.
Subregulation 4
In sub‑paragraph (2), “specified property” means any of the following:
(a)
a property named “Crea Adachi” situated in Adachi City, Tokyo Prefecture, Japan;
(b)
a property named “Will‑Mark Kashiihama” situated in Fukuoka City, Fukuoka Prefecture, Japan.
Common questions
- What is Income Tax (Parkway Life Japan4 Pte. Ltd. — Section 13(12) Exemption) (No. 2) Order 2021?
- Income Tax (Parkway Life Japan4 Pte. Ltd. — Section 13(12) Exemption) (No. 2) Order 2021 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S755-2021 1947, currently marked in force and first recorded in 1947.
- Is Income Tax (Parkway Life Japan4 Pte. Ltd. — Section 13(12) Exemption) (No. 2) Order 2021 still in force?
- Yes — Income Tax (Parkway Life Japan4 Pte. Ltd. — Section 13(12) Exemption) (No. 2) Order 2021 is currently in force.
- When did Income Tax (Parkway Life Japan4 Pte. Ltd. — Section 13(12) Exemption) (No. 2) Order 2021 take effect?
- Income Tax (Parkway Life Japan4 Pte. Ltd. — Section 13(12) Exemption) (No. 2) Order 2021 was first recorded in 1947.
- How many regulations does Income Tax (Parkway Life Japan4 Pte. Ltd. — Section 13(12) Exemption) (No. 2) Order 2021 have?
- Income Tax (Parkway Life Japan4 Pte. Ltd. — Section 13(12) Exemption) (No. 2) Order 2021 contains 2 regulations.
- Where can I read the official version of Income Tax (Parkway Life Japan4 Pte. Ltd. — Section 13(12) Exemption) (No. 2) Order 2021?
- The official text of Income Tax (Parkway Life Japan4 Pte. Ltd. — Section 13(12) Exemption) (No. 2) Order 2021 is published at sso.agc.gov.sg.