Tax Credits 2024 Evo. The credits are to be offset against the corporate income tax payable by a company. Awarded ric credits are to be offset against corporate income tax payable, and any unutilized credits will be refunded in cash to the company within four years after it satisfies.

Awarded ric credits are to be offset against corporate income tax payable, and any unutilized credits will be refunded in cash to the company within four years after it satisfies. New tax credits and incentives introduced in singapore are aimed at encouraging investments in the country.