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Corporate Tax Deduction For Charitable Donations

Well, it's possible! If you are a small business owner or an entrepreneur in Singapore who is looking to make charitable contributions for the first time, then you may be wondering what kind of tax benefits you will get from donating money to charity.

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Reduce taxable income, but the amount of reduced tax will never be more than the donations paid out. Ultimately the company will pay more from their profit if they do donations. Donations should come from the heart.

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