- Last Update 2026-04-15 17:19:00
Tax holidays slashed for strategic development projects
The government this week gazetted an amendment to the 2008 Strategic Development Projects Act, reducing the maximum tax holiday period granted to any such project from 25 years to 10 years.
Additionally, the Strategic Development Projects (Amendment) Bill prohibits the extension “under any circumstances” of the tax holiday period, which must commence on the certified date of commercial operations of the project, as confirmed by the Board of Investment (BOI).
Read more in today's Sunday Times edition here
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