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← Economic Expansion Incentives (Relief from Income Tax) Act 1967

Economic Expansion Incentives (Relief from Income Tax) Act 1967 s 24

Economic Expansion Incentives (Relief from Income Tax) Act 1967 s 24

s 24 Recovery of tax subject to concessionary rate

24. Despite any other provision of this Part, the Comptroller may, subject to section 74 of the Income Tax Act 1947, make an assessment or additional assessment upon a company to make good any loss of tax, if it appears to the Comptroller that any income of the company ought not to have been taxed at a concessionary rate under section 21 or 23.[19L [11/2016]

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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