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Description
While Singapore's budget law of 2018 raises the tax deduction for locally conducted R&D activities, the budget reduces the deductibility of imported R&D services. If the R&D is conducted w...
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Intervention Details
Intervention Type
Local content incentive
MAST Chapter
I: Trade-related investment measures
Implementation date
01 Jan 2019
Revocation date
31 Mar 2025
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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