A Bill was moved for second reading in Parliament on Monday (Nov 11) to implement several tax incentive changes that were introduced in Budget 2024.
A Bill was moved for second reading in Parliament on Monday to implement several tax incentive changes that were introduced in Budget 2024. First, it introduces an additional concessionary tax rate tier of 15 per cent for the Development and Expansion Incentive scheme, which is meant to encourage companies to grow their capabilities and conduct new or expanded activities in Singapore.
A Bill was moved for second reading in Parliament on Monday to implement several tax incentive changes that were introduced in Budget 2024. First, it introduces an additional concessionary tax rate tier of 15 per cent for the Development and Expansion Incentive scheme, which is meant to encourage companies to grow their capabilities and conduct new or expanded activities in Singapore.
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