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TAX INCENTIVES CATALYST FOR INDUSTRIAL DEVELOPMENT AND ECONOMIC GROWTH
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- Contributor: mr-chris
- engagements: 241
- Case No: 214219pw
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CHAPTER ONE - [ Total Page(s): 4 ]HYPOTHESIS THREEHo: Tax incentives cannot be used to off-set other disadvantage that investors may face.Hi: Tax incentives may be used to off-set other disadvantage that investors may face.1.8 DEFINITION OF TERMS1. INCENTIVE- An incentive is a form of tax relief, inform of a reduction in or an exemption from the tax which someone, a firm, or an industry would normally be liable.2. TAX INCENTIVES-These are reliefs granted to tax payers or industries in form of an off-set from the total profit before tax liability is determined. In case of industries and firms, tax incentives are giv ... Continue Reading
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