Singapore legislation
Regulation 4
of Income Tax (Exemption of Income of Approved Securitisation Company) Regulations 2008
Regulation 4
Deduction of certain losses not allowed
Amended byS 930/2022 wef 31/12/2021
No deduction shall be allowed under the Act to any approved securitisation company in respect of any loss arising from any transaction that would have been exempted from tax under section 13M of the Act had it resulted in a profit.