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Economic Expansion Incentives (Relief from Income Tax) (Qualifying Activity) Regulations

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Economic Expansion Incentives (Relief from Income Tax) Act
(Chapter 86, Section 108(2))
Economic Expansion Incentives (Relief from Income Tax) (Qualifying Activity) Regulations
Rg 2
G.N. No. S 302/2003
REVISED EDITION 2004
(31st December 2004)
Citation and commencement
1.  These Regulations may be cited as the Economic Expansion Incentives (Relief from Income Tax) (Qualifying Activity) Regulations and shall have effect for the year of assessment 1999 and subsequent years of assessment.
Qualifying activities
2.
—(1)  The services and activities set out in Part I of the Schedule are hereby prescribed as services and activities under paragraph (d) of the definition of “qualifying activity” in section 16 of the Act.
(2)  The services and activities set out in Part II of the Schedule are hereby prescribed as services and activities under paragraph (c) of the definition of “qualifying activity” in section 19I of the Act.
THE SCHEDULE
Regulation 2
Services and Activities

Part I

(1)  Services and activities which relate to the provision of entertainment, leisure and recreation.
(2)  Publishing services.
(3)  Services which relate to the provision of education.
(4)  Medical services.
(5)  Services and activities which relate to agricultural technology.
(6)  Services and activities which relate to the provision of automated warehousing facilities.
(7)  Services which relate to the organisation or management of exhibitions and conferences.
(8)  Financial services.
(9)  Business consultancy, management and professional services.
(10)  Services and activities which relate to countertrade, including barter, counterpurchase, and compensation or buy-back.
(11)  Services and activities which relate to international trade.
(12)  Venture capital fund activity.
(13)  Operation or management of the rapid transit system known as the Mass Rapid Transit System.
(14)  Services provided by an auction house.
(15)  Maintaining and operating a private museum.
Part II
(1)  Services and activities engaged in by a company which relate to logistics and freight forwarding and which are not approved as shipping-related support services provided by the company under section 43ZF of the Income Tax Act (Cap. 134).
[S 410/2013 wef 01/06/2011]

LEGISLATIVE HISTORY

Economic Expansion Incentives (Relief from Income Tax) (Qualifying Activity) Regulations
(CHAPTER 86, Rg 2)
This Legislative History is provided for the convenience of users of the Economic Expansion Incentives (Relief from Income Tax) (Qualifying Activity) Regulations. It is not part of this Act.
1.  
1986 Revised Edition—Economic Expansion Incentives (Relief from Income Tax) (Qualifying Activity) Regulations
Date of operation
:
25 March 1992
2.  
G. N. No. S 302/2003—Economic Expansion Incentives (Relief from Income Tax) (Qualifying Activity) Regulations 2003
Date of commencement
:
26 June 2003
3.  
2004 Revised Edition—Economic Expansion Incentives (Relief from Income Tax) (Qualifying Activity) Regulations
Date of operation
:
31 December 2004
4.  
G.N. No. S 410/2013—Economic Expansion Incentives (Relief from Income Tax) (Qualifying Activity) (Amendment) Regulations 2013
Date of commencement
:
1 June 2011