Singapore Finance Minister Heng Swee Keat delivered the Budget for 2018 on 19 February 2018. The tax-related measures announced as part of the budget speech include: The corporate income tax rebate for Year of Assessment (YA) 2018 will be increased to 40% of tax payable, capped at SGD 15,000, and the rebate will be extended to YA 2019, but with a 20% rebate rate, capped at SGD 10,000; The deduction of licensing payments for the commercial use of intellectual property (IP) will be increased to 200% from YA 2019, capped at SGD 100,000 of licensing payments per year (introduced due...