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Angel Investors Tax Deduction (AITD)

Angel investors can apply for this tax incentive when investing in eligible startups and local companies.

Overview

The Angel Investors Tax Deduction (AITD) scheme is suitable for angel investors who can commit a minimum of $100,000 in a qualifying startup.

As an approved angel investor, you can enjoy a tax deduction of 50% of your investment at the end of a two-year holding period.

For each Year of Assessment (YA), the eligible investments will be subject to a cap of $500,000, and the corresponding maximum tax deduction is $250,000. The tax deduction will only apply to qualified investments made after approval of your application. It does not apply retrospectively.

For More Info

Angel Investors Tax Deduction (AITD)

 

Last Modified Date: 01 Apr 2019