The Inland Revenue Authority of Singapore (IRAS) published an updated e-Tax Guide, Research and Development Tax Measures (Seventh Edition). The guide sets out the relevant research and development (R&D) tax measures as announced in Budgets 2008 to 2020, clarifies the existing definition of R&D and its qualifying criteria, and helps taxpayers self-assess if their R&D activities are qualifying R&D activities for tax purposes. In particular, the guide providence guidance in the …