No. S 617
Income Tax Act
Income Tax (Exemption of Foreign Income) (No. 2) Order 2002
1. This Order may be cited as the Income Tax (Exemption of Foreign Income) (No. 2) Order 2002.
2. Singapore Aircraft Leasing Enterprise (S.A.L.E) is hereby granted a 10% concessionary tax rate on the dividends received in Singapore from Pacific Leasing Ltd and Stamford Leasing Ltd, subject to the terms and conditions specified in the letter of approval dated 22nd November 2002 addressed to the company.
[MF(R) R32.018.00014.Pt2.V05 T01; AG/LEG/SL/134/2002/12 VOL. 1]