Budget 2016: Double Tax Deduction for Internationalisation scheme extended to March 2020
Lee U-Wen
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THE government will extend the Double Tax Deduction for Internationalisation scheme until March 31, 2020.
This was announced by Finance Minister Heng Swee Keat during the Budget speech in Parliament on Thursday.
The scheme covers qualifying expenses incurred for activities such as participation in overseas business development and investment study trips.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts