Avation Secures Tax Incentive Extension in Singapore

Avation (GB:AVAP) has released an update.

Avation PLC, a Singapore-based commercial passenger aircraft leasing company, has been granted a five-year extension on their tax incentive under the Aircraft Leasing Scheme, which provides a reduced 8.0% tax rate and withholding tax exemptions. This renewal, effective from April 2024 to April 2029, is expected to offer significant financial benefits to the company’s operations.

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