Valuing Intellectual Property Rights for Purposes of Claiming Writing-down Allowances

Overview of the Scheme for Writing-Down Allowances To enhance Singapore’s attractiveness as a location for businesses to hold and commercialise IPRs, companies can claim writing-down allowances (WDA) on capital expenditure incurred on or after 1 November 2023 to acquire qualifying intellectual property rights (IPRs) for use in their trade or business. The WDA scheme is […]