Angel Investors Tax Deduction (AITD)
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.
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