Inland Revenue (Amendment) (Tax Deductions for Intellectual Property Expenditure) Bill 2026 gazetted

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     The Government published the Inland Revenue (Amendment) (Tax Deductions for Intellectual Property Expenditure) Bill 2026 (the Bill) today (October 16) to suitably relax the tax deduction arrangements for relevant capital expenditure incurred by enterprises for purchasing Intellectual Property (IP) rights or for the licence to use IP rights. …

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