Others   

Net Investment Income

Hi all;

Anybody have any insight on the NII that was in the Singapore budget recently?

"This is where the redefinition of the Net Investment Income (NII) - which allows the Government to draw on capital gains- comes into the picture." by  Loh Chee Keong; Fri; 2 March 2007.

Anybody knows what is the new redefinition of Net Investment Income ? What does the NNI covers ? And what is the likely impact to Singapore company ?