Her latest comments seem to throw shade at the statement released by the Department of Finance earlier this week, which said that from 2015 to 2017, the Peza gave away P879.1 billion worth of tax incentives
In a statement on Tuesday, the DOF said the forgone revenues included income tax incentives
, tax incentives
on customs duties and on import value-added tax (VAT).
The government has granted a huge tax incentive
to companies listed on the Cambodia Securities Exchange (CSX) - a 50 per cent reduction on income tax and eliminating all tax debt if the firms are listed on the CSX within three years from now.
Latest documents on the "points" being discussed by the Board of Investments/Department of Trade and Industry and the Department of Finance on TRABAHO Bill, which seeks to reduce tax incentives
to investors, showed the two agencies' consideration on possible suits against the government if existing tax incentives
granted to investors are reduced.
The Duterte administration is seeking to lower corporate income tax and rationalize investment tax incentives
In their recommendation after the meeting, they advised the Federal Government not to hand out any further discretionary tax incentives
to companies and businesses.
OECD monitors how the design of R&D tax incentives
may influence business decisions to increase R&D efforts or move R&D activities into a given country.
A report by Action Aid says Kenya loses Sh188 billion annually through "harmful tax incentives
In this paper the study seeks to make an inquest into the underlying theory on tax incentives
' effectiveness in attracting FDI, with special interest in theory that is used to justify the use of tax incentives
Finally, we discuss the effect of research and the role of tax incentives
in R&D in business activity in Poland.
--New tax incentives
will expire in three to five years and minimum tax rates will be applied