Tax Incentive For Exhibition Organisers

Singapore is currently a major venue for international exhibitions and trade fairs. Given our strategic location and excellent infrastructure, we are well positioned to develop into an International Exhibition City. To provide further impetus to the development of the exhibition industry, I have decided that approved exhibition organisers will be granted a concessionary tax rate of not less than 10 per cent on their incremental income. The incentive will enable exhibition organisers to offer better quality and bigger exhibitions and trade fairs to the international business community. The incentive will take effect from Year of Assessment 1999.