Income Tax Act · s 11B

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11B.
Further deduction for export market development expenditure and certain advertising expenses
(1) Subject to this section, where the Collector is satisfied that —
(a) export market development expenditure for the carrying out of an approved marketing project overseas; or
(b) advertising expenses in respect of advertisements placed in any approved Brunei Darussalam publication designed for publicity overseas, have been incurred —
(i) on or after 1st January 2001 by an approved company resident in Brunei Darussalam principally for promoting the export of goods manufactured in
Brunei Darussalam;
(ii) on or after 1st January 2001 by an approved company resident in Brunei Darussalam and carrrying on in Brunei Darussalam the business of providing services principally for promoting the provision of services overseas; or
(iii) on or after 1st January 2001 by an approved company resident in Brunei Darussalam which is the holder of a master franchise or master intellectual property licence principally for promoting the provisions of services overseas in connection with the use overseas of any right under the franchise or licence, there shall be allowed a further deduction of the amount of such expenditure in addition to the deduction allowed under section 11.

Income Tax
(2) The Minister may specify the maximum amount of export market development expenditure or any item thereof, or of advertising expenses, to be allowed under subsection (1).
(3) No deduction shall be allowed under this section in respect of —
(a) any expenses which are not allowed as deductions under section 11;
(b) any expenses incurred during its tax relief period
(or qualifying period in the case of investment allowance) by a company which is given tax relief under the Investment Incentives
Order, 2001 (S 48/2001);
(c) any expenses which are allowed as deductions under section 11A; or
(d) travelling, accommodation and subsistence expenses or allowances for more than two employees taking part overseas in the approved marketing project.
(4) In this section —
“approved” means approved by the Minister charged with the responsibility for industrial development;
“export market development expenditure” means —
(a) expenses directly attributable to the carrying out of export market research or obtaining of export market information, including any feasibility study;
(b) expenses in respect of advertisements placed in overseas news media, including television, newspapers and trade journals;
(c) expenses incurred on overseas export promotion campaigns; or
(d) expenses incurred in the design of the packaging, or in the certification, of goods manufactured in
Brunei Darussalam for export or in the certification of services to be provided overseas where such certification is carried out by an approved person;

Income Tax 40

“master franchise” and “master intellectual property licence”
have the same meanings as in section 11A.

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s 11BFurther deduction for export market development expenditure and certain advertising expenses

(1)

Subject to this section, where the Collector is satisfied that —

(a)

export market development expenditure for the carrying out of an approved marketing project overseas; or

(b)

advertising expenses in respect of advertisements placed in any approved Brunei Darussalam publication designed for publicity overseas, have been incurred —

(i)

on or after 1st January 2001 by an approved company resident in Brunei Darussalam principally for promoting the export of goods manufactured in

Brunei Darussalam;

(ii)

on or after 1st January 2001 by an approved company resident in Brunei Darussalam and carrrying on in Brunei Darussalam the business of providing services principally for promoting the provision of services overseas; or

(iii)

on or after 1st January 2001 by an approved company resident in Brunei Darussalam which is the holder of a master franchise or master intellectual property licence principally for promoting the provisions of services overseas in connection with the use overseas of any right under the franchise or licence, there shall be allowed a further deduction of the amount of such expenditure in addition to the deduction allowed under section 11.

Income Tax

(2)

The Minister may specify the maximum amount of export market development expenditure or any item thereof, or of advertising expenses, to be allowed under subsection (1).

(3)

No deduction shall be allowed under this section in respect of —

(a)

any expenses which are not allowed as deductions under section 11;

(b)

any expenses incurred during its tax relief period

(or qualifying period in the case of investment allowance) by a company which is given tax relief under the Investment Incentives

Order, 2001 (S 48/2001);

(c)

any expenses which are allowed as deductions under section 11A; or

(d)

travelling, accommodation and subsistence expenses or allowances for more than two employees taking part overseas in the approved marketing project.

(4)

In this section —

“approved” means approved by the Minister charged with the responsibility for industrial development;

“export market development expenditure” means —

(a)

expenses directly attributable to the carrying out of export market research or obtaining of export market information, including any feasibility study;

(b)

expenses in respect of advertisements placed in overseas news media, including television, newspapers and trade journals;

(c)

expenses incurred on overseas export promotion campaigns; or

(d)

expenses incurred in the design of the packaging, or in the certification, of goods manufactured in

Brunei Darussalam for export or in the certification of services to be provided overseas where such certification is carried out by an approved person;

Income Tax 40

“master franchise” and “master intellectual property licence”

have the same meanings as in section 11A.