Tax Incentives

A tax holiday is a temporary reduction or elimination of a tax. It is synonymous with tax abatement, tax subsidy or tax reduction. Governments usually create tax holidays as incentives for business investment. Tax relief can be provided in the form of property tax concessions to assure the investment of new businesses or the retention of existing ones. Tax holidays have been granted by governments at national, sub-national, and local levels, and have included income, property, sales, VAT, and other taxes. Some tax holidays are extra-statutory concessions, where governing bodies grant a reduction in tax that is not necessarily authorized …

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Publications

World Bank Group · 16 May 2024 English

(Income Tax Relief) Act, No 22 of 1971. The tax incentives apart from the CIT tax holiday are: deduction


16 May 2024 English

The AUKUS trilateral partnership presents Australia with an unprecedented opportunity to achieve national-security goals that have eluded it for decades. It could o•er access to cutting-edge technologies. It can further …

operationalising the resulting capabilities. Tax incentives can help, but they aren’t a replacement for


IISD: International Institute for Sustainable Development · 16 May 2024 English

A guide for governments on defining what should be considered as "strategic" or "critical" based on a series of objective criteria.

consideration to issues such as ringfencing, tax incentives, state participation, ownership of mining rights


IMF: International Monetary Fund · 15 May 2024 English

Outlook and Risks. Real GDP growth and inflation moderated in 2023 and are projected to decline further over the medium term as the output gap closes and global commodity prices …

incentivizing the formalization of SMEs with tax incentives, which should also help their access to credit


IISD: International Institute for Sustainable Development · 15 May 2024 English

International investment treaties and their investor–state dispute settlement (ISDS) system are facing growing scrutiny of how they threaten climate action, environmental protection, and social justice. But what would an alternative …

promote investment. To mention but a few, tax incentives, subsidies, grants, loans, guarantees, quotas two common tools to incentivize investment—tax incentives and subsidies—and assess whether they can Rethinking Investment Treaties: A roadmap Example 1. Tax incentives Let us start with one of the most prevalent prevalent investment promotion tools: tax incentives. First, evaluation of whether tax investments are an effective challenge is further complicated by the fact that tax incentives are often introduced in conjunction with other


IMF: International Monetary Fund · 15 May 2024 English

Delays in investment projects lowered growth to 3.4 percent in 2023 despite a solid rebound in tourism. Revenues from the citizenship by investment (CBI) program were 22 percent of GDP …

discussions. 2 taxation, utility prices, investment tax incentives will be required to fully seize the potential targeted and economically efficient subsidies or tax incentives considered instead. The impact of wage increases targeted and economically efficient subsidy or tax incentives should be considered. 22. There is a need resource taxation, utility prices, investment tax incentives will be required to fully seize the potential targeted and economically efficient subsidies or tax incentives considered instead. 39. The impact of wage


World Bank Group · 14 May 2024 English

The global aquaculture industry has seen considerable expansion in recent years, driven by rising consumer needs, a lack of growth from capture fisheries, progress in production technologies, and augmented investments …

aquabusiness by offering mechanisms such as tax incentives, grants, and subsidies to create a favourable aquabusinesses, and often carry benefits, such as tax incentives, and economies of scale in terms of input


World Bank Group · 14 May 2024 English

Monitoring and Evaluation (M&E) is considered a necessary function of modern management systems, given that it addresses the requirements of accountability on one hand and the need to determine the …

managed. Because the framework for M&E of R&D tax incentives largely resembles those introduced in this


World Bank Group · 14 May 2024 English

Information on DMAP project 11 MRA Implementing tax incentives and policies to encourage investment in telecommunications


ACAPS · 13 May 2024 English

The conjunction of vulnerability to the upcoming hurricane the Department of Atmospheric Science from Colorado State University season and the limited interventions by the humanitarian sector underscores and Tropical Storm …

department. Among these were the introduction of tax incentives an ethnic community native to San Andrés. In


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