Alvin Tan on Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill
The Approved Royalties Incentive (ARI) scheme, which will be extended by five years until December 31, 2028, has been enhanced. It shifted from an agreement-based approach to an activity-based approach from April this year. Under the old agreement-based approach, companies had to get approval from the Economic Developm
Source: channelnewsasia.com
