Singapore: IRA’s issues e-tax guide on R&D tax measures

10 June, 2022

On 8 June 202, the Inland Revenue Authority of Singapore (IRAS) issued an updated e-Tax Guide on Research and Development (R&D) Tax Measures (Seventh Edition). The guide sets out the relevant research and development (R&D) tax measures as announced in Budgets 2008 to 2020, clarifies the existing definition of R&D and its qualifying criteria, and helps taxpayers self-assess if their R&D activities are qualifying R&D activities for tax purposes. This e-Tax Guide provides guidance in the following areas:

(a) Part A: Qualifying R&D project.

(b) Part B: R&D Tax Deductions.

(c) Part C: Administrative Procedures.

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