Extend the 250% Tax Deduction for Qualifying Donations
The 250% tax deduction to qualifying donations to IPCs and other qualifying recipients will be extended for another 2 years for donations made during the period from 1 January 2022 to 31 December 2023.
| Eligible donations | Eligible recipient | Eligible donor |
| Cash donations | Any IPC and the Singapore Government | All donors |
| Gift of shares or of units in unit trusts traded in Singapore or listed on the SGX | Any IPC | Individual donors only |
| Gifts of artefacts | Approved museums (approval by the National Heritage Board (NHB)) | All donors |
| Donation of public sculptures | Approved recipients (approval by the NHB) | All donors |
| Gifts of parcels of land or buildings | Any IPC | All donors |
Source: IRAS, 17 February 2021