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Tax Deductions for Costs relating to Intellectual Property
Business,Business Advice,Intellectual Property

Reading Time: 4 minutesTax deductions are available for costs incurred in the registration, acquisition and licensing of intellectual property. In an effort to support innovation and the secure commercialisation of intellectual property, the Singapore Budget 2018 (“2018 Budget”) has extended and enhanced certain aspects of the existing tax benefits for YA 2019 to 2025. Income Tax Act Registration […]