40A.
—(1) This section shall apply to a person who, in any year of assessment, is not resident in Singapore and who derives income as a public entertainer or derives such income and income from any other source in the year preceding that year of assessment which does not include —
(a)
any withdrawal from his SRS account deemed to be income subject to tax under section 10L; or
(b)
income from the exercise of any other employment in Singapore.
[24/2001]
(2) Subject to subsection (2A), any person to whom this section applies shall, if the tax payable by him in respect of that year is attributable to income derived as a public entertainer, be allowed relief in respect of that year in the following manner:
(a)
where the only source of income in Singapore is such activity as a public entertainer, by reduction of the rate of tax to 15% on every dollar of the chargeable income;
(b)
where such person possesses any other source of income in Singapore and the total assessable income exceeds the statutory income attributable to such activity as a public entertainer, by reduction of the rate of tax to 15% on such part of the chargeable income as bears the same proportion to the total chargeable income as the statutory income attributable to such activity as a public entertainer bears to the total assessable income;
(c)
where such person possesses any other source of income in Singapore and the total assessable income is equal to or less than the statutory income attributable to such activity as a public entertainer, by reduction of the rate of tax to 15% on every dollar of the chargeable income.
[24/2001]
[29/2010 wef 22/02/2010]
(2A) For the purpose of subsection (2), in relation to income derived by a person as a public entertainer during the period from 22nd February 2010 to 31st March 2015 (both dates inclusive), the references to 15% shall be read as 10%.
[29/2010 wef 22/02/2010]
(3) Where any person is entitled to relief under this section and is also entitled to relief under section 40(1) or (4), he shall be entitled to whichever relief is the greater in respect of the income to which this section relates.
[24/2001]
(4) In this section —
“public entertainer” means a stage, radio or television artiste, a musician, an athlete or an individual exercising any profession, vocation or employment of a similar nature;
“statutory income attributable to such activity as a public entertainer” means the statutory income derived from such source ascertained in accordance with section 35(1);
“total assessable income” means the remainder of the statutory income of any person after the deduction allowed under section 37(3)(a) has been made.
[48/70; 24/2001]