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With effect from 1 January 2005, double tax deductions
will be granted for all cash donations to IPCs and certain
in-kind donations to approved institutions, whether
or not they involve naming opportunities.
Prior to 1 Jan 2005, donations with naming opportunities
would only be granted a single tax deduction. The extension
of the double tax deductions to include donations with
naming opportunities is meant to encourage more donors
to come forward, to give larger donations, and to cultivate
lasting relationships with the beneficiaries they have
lent their names to.
The table below further elaborates on the types of
donations that will be granted double tax deduction.
Other forms of in-kind donations that do not fall under
the list will not be awarded double tax deduction.
| Cash donations |
Approved IPCs |
All donors |
| Gift of shares listed on the Singapore Exchange
(SGX) or of units in unit trusts readily tradeable
in Singapore |
Approved IPCs |
Individual donors only |
| Gifts of computer hardware, software and peripherals |
Approved IPCs and other prescribed education,
research or other institutions |
Corporate donors only |
| Gifts of artefacts |
Approved museums (by the National Heritage Board) |
All donors |
| Adoption, commission or donation of public sculptures |
The National Heritage Board or approved recipients |
All donors |
| Gifts of parcels of land or buildings |
Approved IPCs |
All donors |
In addition, do note that only the following donations
with “naming opportunities” will be granted
double tax deduction:
- donations to name IPCs, IPC facilities, events
or programmes,
- donations to name facilities of approved beneficiaries
(including artefacts and public sculptures) under
any of the other approved donation programmes,
- donations under any of the approved donation programme
where the IPC or approved beneficiary acknowledges
the donation by including the donor's name or logo
in the IPC's collaterals (e.g. banners, publications,
advertisements).
Double tax deduction will not be given in cases where the donor is essentially advertising at the IPC facility, event or programme. Such forms of advertisement include, but are not limited to, the display of the donor's own banners, products, or other collaterals at the IPC facility, event or programme. Such advertisements might be more appropriately regarded as advertising expenses.
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