Common use of With reference to Article 10 Clause in Contracts

With reference to Article 10. In the case of Singapore, where under its current taxation laws, dividends are paid by a company which is a resident of Singapore to a resident of the Sultanate of Oman who is the beneficial owner of such dividends, there is no tax in Singapore which is chargeable on dividends in addition to the tax chargeable in respect of the profits or income of the company. Under the full imputation system adopted, the tax deductible from dividends is a tax on the profits or income of the company and not a tax on dividends within the meaning of this Article.

With reference to Article 10. In For the case purpose of Singapore, where under its current taxation lawsparagraph 1, dividends are paid by a company which is a resident of Singapore to a resident of Kuwait are not, under the Sultanate current laws of Oman who is the beneficial owner of such Singapore, subjected to a tax on dividends, there is no tax in Singapore which is chargeable on dividends in addition to the tax chargeable in respect of the profits or income of the company. Under the full imputation system adoptedadopted by Singapore, the tax deductible deducted from dividends is a tax on the profits or income of the company and not a tax on dividends within the meaning of this ArticleArticle 10.