Singapore Publishes e-Tax Guide on Intellectual Property Rights Valuation Report for Claiming Allowances
The Inland Revenue Authority of Singapore has published an e-Tax guide on the intellectual property rights (IPR) valuation report that may be required for a company wishing to claim a writing-down allowances (WDA) on capital expenditure incurred for the acquisition of qualifying IPR. The amount qualifying for WDA is the amount of capital expenditure incurred not exceeding the price at which the…
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