Budget 2016: Double Tax Deduction for Internationalisation scheme extended to March 2020
Published Thu, Mar 24, 2016 · 08:10 AM
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Xi tells Blinken US, China should be 'partners, not rivals'
Indonesia’s push for regional economic integration to continue under Prabowo: Vivian Balakrishnan
Outgoing Singapore, Indonesia leaders to hold their final retreat in Bogor on Apr 29
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing