Income Tax (Relief From Double Taxation) (Vietnam) Order, 2008

No. S 110

INCOME TAX

(CHAPTER 35)

INCOME TAX

(RELIEF FROM DOUBLE TAXATION) (VIETNAM) ORDER, 2008

WHEREAS it is provided by subsection (1) of section 41 of the Income Tax

Act (Chapter 35) that if His Majesty the Sultan and Yang Di-Pertuan in Council by order declares that arrangements specified in the order have been made with the

Government of any territory outside Brunei Darussalam with a view to affording relief from double taxation in relation to tax under that Act and any tax of similar character imposed by the laws of that territory, and that it is expedient that those arrangements should have effect, the arrangements shall have effect in relation to tax under the Act notwithstanding anything in any written law.

AND WHEREAS by an Agreement dated the 16th. day of August, 2007

between the Government of His Majesty the Sultan and Yang Di-Pertuan of

Brunei Darussalam and the Government of the Socialist Republic of Vietnam, arrangements were made amongst other things for relief from double taxation.

NOW THEREFORE it is hereby declared by His Majesty the Sultan and Yang

Di-Pertuan in Council-

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that the arrangements specified in the Schedule have been made with the Government of the Socialist Republic of Vietnam; and

that it is expedient that those arrangements should have effect notwithstanding anything in any written law.