Description
Tax Incentives for Investment and Expansion examines and explains the mechanics and effects of the Economic Expansion Incentives (Relief from Income Tax) Act (EEIA). It also examines the important incentives included in the Income Tax Act (ITA), which is now an equally important piece of legislation in the field of economic expansion and investment incentives.
The initial chapters offer a general analysis of Singapore's economic development, the importance of the legislation, and the common characteristics of the various benefits available under the EEIA. The bulk of the book is then devoted to a detailed examination of each of the specific incentives under both the EEIA and the ITA, looking at the criteria for qualification, the nature of the benefits, how they are calculated, and their fiscal consequences. The concluding chapters look briefly at the loans and other benefits available under government-administered incentive schemes.
The appendices include the EEIA, the relevant provisions of the ITA, the Regulations which are applicable under both Acts, a brief overview of all the benefits offered in this area, and the statistics relating to some of the more important incentives.
ISBN: 9971898551
