The Income Tax (Deduction for Investment in a Project of Commercialization of Research and Development Findings) Rules 2013 [PU(A) 51] were issued on 13 February 2013 and are effective retrospectively from 29 September 2012. The Rules allow a deduction on the investment made to commercialize the Research and Development (R&D) findings of a related company, where: -   "R&D findings" refer to the findings by a public research institute or public institute of higher learning in Malaysia on non-resource based activity and products such as: (i) electrical and electronics; (ii) medical devices; (iii) technical or functional textiles; (iv) machinery and...