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IRAS e-Tax Guide

Productivity and Innovation Credit (Fifth Edition) IRAS e-Tax Guide Published by Inland Revenue Authority of Singapore Published on 22 Nov 2016 Fourth edition on 19 Sep 2014 Third edition on 20 Sep 2013 Second edition on 17 Aug 2012 First edition on 15 Jul 2011 Disclaimers: IRAS shall not be responsible or held accountable in any way for any damage, loss or expense whatsoever, arising directly or indirectly from any inaccuracy or incompleteness in the Contents of this e-Tax Guide , or errors or omissions in the transmission of the Contents.

2 up to $400,0002 of qualifying expenditure incurred for each activity. These are in addition to the deductions and/ or allowances allowable under current tax rules. The total deductions and/ or allowances are in effect 400% per dollar of

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