250% Tax Deduction
Individuals and corporate donors get an Inland Revenue Authority of Singapore (IRAS) tax break of 2.5 times the donation till 2015.
This is under the Public Art Tax Incentive Scheme (PATIS).
Unutilised donations can be carried forward up to a maximumum of five years.
Our award-winning artists can be commissioned to work with you to donate sculptures or work of art for public display.
National Heritage Board will assess the value of the donated sculptures or public art.
Qualifying donations under PATIS include the following:
・Public art works which are two or three dimensional with artistic and or heritage merits as desired by NHB;
・Donation of a sculpture to an approved recipient, not being an approved museum, for public display indoors;
・Donation of money or services given towards the installation or maintenance of the sculptures or work of art for public display.
Contact us for more details.