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View all search resultsUnder the tax incentive program issued in 2019, companies that provide training programs or internships can offset up to 200 percent of the funds they spend on the activities against their taxable gross income
Consistently, low oil prices have forced oil companies to be extremely selective regarding the sites for exploration. An efficient bureaucracy is crucial especially in the oil industry, because the time lag between discovery and production is often 15 years.
Although tax revenue is certainly very important, there seems to be no single guidance on how to give incentives. There is no ideal figure of how much in terms of gross domestic product (GDP) a country should give as incentives to support its economy. #opinion
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