§ 20D — Taxable facilities eligible for allowances

20D.—(1) A taxable facility of a registered person is eligible for allowances if —(a)

the registered person is in the business of making exports or making supplies to another person who is in the business of making exports, and the taxable facility is used in connection with that business of the registered person; and

(b)

the Minister determines that that business of the registered person is of sufficient economic or strategic importance to the growth, expansion, development or wellbeing of the Singapore economy, to justify an award of allowances for the taxable facility.[Act 37 of 2022 wef 01/01/2024]

(2) The Minister must notify the registered person of a taxable facility that is eligible for allowances of that fact, and grant the registered person an award of allowances for the taxable facility.[Act 37 of 2022 wef 01/01/2024]

—(1) A taxable facility of a registered person is eligible for allowances if —(a)

the registered person is in the business of making exports or making supplies to another person who is in the business of making exports, and the taxable facility is used in connection with that business of the registered person; and

(b)

the Minister determines that that business of the registered person is of sufficient economic or strategic importance to the growth, expansion, development or wellbeing of the Singapore economy, to justify an award of allowances for the taxable facility.[Act 37 of 2022 wef 01/01/2024]

(2) The Minister must notify the registered person of a taxable facility that is eligible for allowances of that fact, and grant the registered person an award of allowances for the taxable facility.[Act 37 of 2022 wef 01/01/2024]