§ 43MA — Concessionary rate of tax for estate income received by beneficiary, etc.

43MA. Where any person resident in Singapore is a beneficiary of an estate administered in Singapore, and any share of the statutory income of the estate is received by, distributed to or applied to the benefit of that person, that share is, if it would have been subject to a concessionary rate of tax under any provision of this Part had it been derived or received directly by that person instead of the executor of the estate, subject to the same concessionary rate of tax.[Act 30 of 2023 wef 30/10/2023]