A Corporate Sponsor can claim as an allowance for that year of income, 100% of the actual expenditure incurred up to a maximum of twelve million dollars based on a registered performing artist or the first acquisition of a piece of visual art that has been evaluated by an art gallery.
A Corporate Sponsor can claim as an allowance for that year of income commencing from the year 2013, 150% of the actual expenditure incurred in promotion of the fashion industry; 150% of the actual expenditure for audio, visual or video productions which promote or reflect local entertainment or local culture, up to a maximum of twelve million dollars.