Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill

Debated in Parliament on 29 Feb 2016.

Summary written by AI (learn more)

The bill seeks to amend the Economic Expansion Incentives (Relief from Income Tax) Act and make related changes to the Income Tax Act.
It was presented by the Minister for Trade and Industry (Trade) Mr Lim Hng Kiang and approved for a second reading at the next parliamentary sitting.
The amendments are designed to update existing tax relief frameworks for economic expansion activities.
The proposed changes are consequential to ensure alignment between the two Acts.
The bill proceeds with the recommendation of the President signified for parliamentary consideration.

Questions identified by AI (learn more)

No questions identified

This could be because the debate type doesn't typically include questions, or it hasn't been processed yet.

Full Transcript

"to amend the Economic Expansion Incentives (Relief from Income Tax) Act (Chapter 86 of the 2005 Revised Edition) and to make consequential amendments to the Income Tax Act (Chapter 134 of the 2014 Revised Edition)",

recommendation of President signified; presented by the Minister for Trade and Industry (Trade) Mr Lim Hng Kiang; read the First time; to be read a Second time on the next available Sitting of Parliament, and to be printed.

Summary written by AI (learn more)

The bill seeks to amend the Economic Expansion Incentives (Relief from Income Tax) Act and make related changes to the Income Tax Act.
It was presented by the Minister for Trade and Industry (Trade) Mr Lim Hng Kiang and approved for a second reading at the next parliamentary sitting.
The amendments are designed to update existing tax relief frameworks for economic expansion activities.
The proposed changes are consequential to ensure alignment between the two Acts.
The bill proceeds with the recommendation of the President signified for parliamentary consideration.

Questions identified by AI (learn more)

No questions identified

This could be because the debate type doesn't typically include questions, or it hasn't been processed yet.

Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill

Debated in Parliament on 29 Feb 2016.

Summary written by AI (learn more)

The bill seeks to amend the Economic Expansion Incentives (Relief from Income Tax) Act and make related changes to the Income Tax Act.
It was presented by the Minister for Trade and Industry (Trade) Mr Lim Hng Kiang and approved for a second reading at the next parliamentary sitting.
The amendments are designed to update existing tax relief frameworks for economic expansion activities.
The proposed changes are consequential to ensure alignment between the two Acts.
The bill proceeds with the recommendation of the President signified for parliamentary consideration.

Questions identified by AI (learn more)

No questions identified

This could be because the debate type doesn't typically include questions, or it hasn't been processed yet.

Full Transcript

Summary written by AI (learn more)

The bill seeks to amend the Economic Expansion Incentives (Relief from Income Tax) Act and make related changes to the Income Tax Act.
It was presented by the Minister for Trade and Industry (Trade) Mr Lim Hng Kiang and approved for a second reading at the next parliamentary sitting.
The amendments are designed to update existing tax relief frameworks for economic expansion activities.
The proposed changes are consequential to ensure alignment between the two Acts.
The bill proceeds with the recommendation of the President signified for parliamentary consideration.

Questions identified by AI (learn more)

No questions identified

This could be because the debate type doesn't typically include questions, or it hasn't been processed yet.

Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill | PAPERCUTS

Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill

Summary

Questions Identified

Full Transcript

Summary

Questions Identified

Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill

Summary

Questions Identified

Full Transcript

Summary

Questions Identified