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Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
16200 Central Green Blvd
GAC Regional Office, Asia Pacific 78 Shenton Way, #29-01
Group Vice President, Asia Pacific & Indian Subcontinent
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
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21 Feb 2022 / Singapore
The following broad-based withholding tax (WHT) exemptions have been extended by five years in the recent Budget 2022:
Charter payments for ships
- Finance lease
- Beneficiary: MSI companies
- Extended until: 31 Dec 2028
Container lease
- Finance lease
- Beneficiary: MSI companies
- Extended until: 31 Dec 2028
Container lease
- Operating lease
- Beneficiary: All taxpayers
- Extended until: 31 Dec 2027
(For further details including scope and effective periods, as well as information about operations in Singapore, contact GAC Singapore at [email protected])
Source: Maritime and Port Authority of Singapore Shipping Circular No.2 of 2022 dated 18 February 2022