On 25/05/2013,
you requested for the version in force on 25/05/2013
incorporating all amendments published on or before 25/05/2013.
The closest version currently available is that of 18/04/2013.
45G.
—(1) Subject to subsections (2) and (3) and such conditions as the Comptroller may impose, section 45 shall apply in relation to any distribution (except distribution out of Singapore dividends from which tax is deducted or deductible under section 44) made on or after 18th February 2005 by a trustee of any real estate investment trust —
(a)
to any person (other than an individual) not known to the trustee to be resident in Singapore to whom section 43(3B) applies; or
(b)
to any other person not known to the trustee to be —
(i)
an individual;
(ii)
a company incorporated and resident in Singapore;
(iii)
a branch in Singapore of a company incorporated outside Singapore that has obtained the Comptroller’s approval for distributions to be made by the trust to it without deduction of tax; or
(iv)
a body of persons incorporated or registered in Singapore, including a charity registered under the Charities Act (Cap. 37) or established by any written law, a town council, a statutory board, a co-operative society registered under the Co-operative Societies Act (Cap. 62) or a trade union registered under the Trade Unions Act (Cap. 333),
as that section applies to any interest paid by a person to another person not known to him to be resident in Singapore, and for the purpose of such application, any reference in that section to interest shall be construed as a reference to such distribution.
[34/2005; 7/2007]
(2) For the purpose of subsection (1)(a), the deduction of tax under section 45 shall be at the rate of 10% on every dollar of such distribution made during the period from 18th February 2005 to 31st March 2015.
[29/2010 wef 22/11/2010]
[34/2005]
(3) For the purpose of subsection (1)(b), the deduction of tax under section 45 shall be at the applicable rate specified under section 43(1) on every dollar of such distribution.
[34/2005; 53/2007]
(4) Subsection (1) shall not apply to any distribution made by the trustee of the real estate investment trust where tax has been paid by the trustee of the trust on the income from which the distribution is made.
[34/2005]
(5) In this section, “real estate investment trust” has the same meaning as in section 43(10).
[34/2005]