Income Tax (Exemption of Interest on Economic and Technological Development Loans) Notification

Income Tax Act

(Chapter 134, Section 13(2))

N 7

G.N. No. S 542/1995

REVISED EDITION 1995

(1st April 1995)

1. The interest payable by Volvo Group Treasury Asia (Pte.) Ltd. to the following companies shall be exempted from tax from 1st January 1994 to 31st December 1998:

(1) Volvo Korea.

(2) Volvo Finance Far East.

(3) Volvo Hong Kong.

(4) Volvo Bus Hong Kong Ltd.

[S 542/95 wef 04/01/1994]

(5) AB Volvo.

(6) Volvo Car Corporation.

(7) Volvo Bus Corporation.

(8) Volvo Truck Corporation.

(9) AB Volvo Penta.

(10) Volvo Flygmotor AB.

(11) Volvo Group Finance Sweden AB.

(12) Alfred Berg Fondkommission AB.

(13) Volvo Group Finance Europe BV.

(14) Volvo Cars Europe Coordination NV.

(15) Volvo Truck Coordination Centre NV.

(16) Volvo Cars of North America.

(17) Volvo GM Heavy Truck Corporation.

(18) Volvo Penta North America Incorporation.

(19) Volvo Finance North America Inc.

(20) Swedish Motors Assembly.

(21) Federal Auto Holdings.

(22) Thai Swedish Assembly.

(23) Volvo Thailand.

(24) Swedish Motors Corporation.

(25) Volvo Truck and Bus (Thailand) Company Limited.

[S 542/95 wef 29/04/1994]

(26) Volvo Penta Japan.

[S 542/95 wef 01/03/1995]

(27) Volvo Car Japan.

(28) Volvo Car Australia Pty. Ltd.

(29) Volvo Truck Australia Pty, Ltd.

(30) Swedish Match Philippines.

[S 542/95 wef 18/05/1995]

[S 430/94]

[11.11.94]

LEGISLATIVE HISTORY

Income Tax (Exemption of Interest on Economic and Technological Development Loans) Notification

This Legislative History is provided for the convenience of users of the Income Tax (Exemption of Interest on Economic and Technological Development Loans) Notification. It is not part of this Notification.

G. N. No. S 542/1995—Income Tax (Exemption of Interest on Economic and Technological Development Loans) Notification 1995

Date of commencement

1 April 1995

1995 Revised Edition—Income Tax (Exemption of Interest on Economic and Technological Development Loans) Notification

Date of operation

1 April 1995