1989 Ed.]
Inland Revenue
[CAP. 112
29
that the affairs of the first-mentioned corporation are conducted in accordance with the wishes of that person; (Added 38 of 1975 s. 2) "place of residence" includes a residence provided by an employer or an associated corporation notwithstanding that the employee is required to occupy that place of residence by or under his terms of employment and whether or not by doing so he can better perform his duties. (Added 48 of 1979 s. 2)
410. Aggregation of incomes of spouses
In the case of a husband and wife, not being a wife living apart from her husband-
(a) salaries tax shall be payable on their net chargeable income; and (b) the husband shall, subject to section 13(2), be solely charged to salaries tax in respect of their net chargeable income.
(Replaced 71 of 1983 s. 3)
11(Repealed 71 of 1983 s. 4)
11A. (Repealed 71 of 1983 s. 4)
11B. Ascertainment of assessable income
The assessable income of a person in any year of assessment shall be the aggregate amount of income accruing to him from all sources in that year of assessment.
(Added 8 of 1973 s. 5. Amended 71 of 1983 s. 5)
11C. Office or employment of profit
For the purpose of section 11B, a person shall be deemed to commence or cease, as the case may be, to derive income from a source whenever and as often as he commences or ceases-
(a) to hold any office or employment of profit; or
(b) to become entitled to a pension.
(Replaced 71 of 1983 s. 6)
11D. Receipt of income
For the purpose of section 11B-
(a) income which has accrued to a person during the basis period for a year of assessment but which has not been received by him in
1
Page 30
Page 31
1989 Ed.]
Inland Revenue
[CAP. 112
29
that the affairs of the first-mentioned corporation are conducted in accordance with the wishes of that person; (Added 38 of 1975 s. 2) "place of residence" includes a residence provided by an employer or an associated corporation notwithstanding that the employee is required to occupy that place of residence by or under his terms of employment and whether or not by doing so he can better perform his duties. (Added 48 of 1979 s. 2)
410. Aggregation of incomes of spouses
In the case of a husband and wife, not being a wife living apart from her husband-
(a) salaries tax shall be payable on their net chargeable income; and (b) the husband shall, subject to section 13(2), be solely charged to
salaries tax in respect of their net chargeable income.
(Replaced 71 of 1983 s. 3)
11(Repealed 71 of 1983 s. 4)
11A. (Repealed 71 of 1983 s. 4)
11B. Ascertainment of assessable income
The assessable income of a person in any year of assessment shall be the aggregate amount of income accruing to him from all sources in that year of
assessment.
(Added 8 of 1973 s. 5. Amended 71 of 1983 s. 5)
11C. Office or employment of profit
For the purpose of section 11B, a person shall be deemed to commence or cease, as the case may be, to derive income from a source whenever and as often as he commences or ceases-
(a) to hold any office or employment of profit; or
(b) to become entitled to a pension.
(Replaced 71 of 1983 s. 6)
11D. Receipt of income
For the purpose of section 11B-
(a) income which has accrued to a person during the basis period for a year of assessment but which has not been received by him in
1
Page 30Page 31
No comments yet.
Private notes are available after approval.