The role of tax incentives in encouraging globalisation
In the last three decades, Singapore's economic strategy was to encourage companies to invest locally. Its stability, excellent infrastructure and productive workforce had attracted many multi-national corporations (MNCs). However, land and labour are limited in Singapore. Singapore has n...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Language: | English |
| Published: |
2015
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/63949 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | In the last three decades, Singapore's economic strategy was to encourage
companies to invest locally. Its stability, excellent infrastructure and productive
workforce had attracted many multi-national corporations (MNCs). However, land
and labour are limited in Singapore. Singapore has now outgrown its ability to
generate high growth and returns. In order to attain more growth in the future, it
needs to develop an external dimension to its economy by encouraging local
companies to invest overseas.
Thus, the objective of this project is to examine the role of tax incentives in
encouraging globalisation in the Singapore context. In particular, it will cover:
• the factors prompting investment abroad from a general perspective
• the factors prompting Singapore to invest abroad
• government measures to promote overseas investment
• shifting emphasis of tax incentives
• various tax incentives to encourage globalisation
• survey results - role of tax incentives in encouraging globalisation
- role of tax incentives with reference to specific business
sectors
• recommendation |
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