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The Productivity and Innovation Credit (PIC) was introduced in the Singapore Budget 2010.
PIC has been enhanced in Budget 2011 and Budget 2012 to provide tax benefits for investments by businesses in a broad range of activities along the innovation value chain. The tax benefits under PIC will be effective from Years of Assessment (YA) 2011 to YA 2015.
For more information on how you can take advantage of this scheme for your investment in SAP Business One, kindly contact us at:
Tel: +65 63977258
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