Promotion of private investment in research and technological development (IDE) through tax incentives to businesses that accept the challenge of participating in those activities (30 per cent tax credit on their annual expenditure on IDE).

Tax. Full tax. English tax.

For instance, policies that entail additional expenditure on SME development could be justified by the added tax revenue that would be generated by a flourishing enterprise sector.

Budgeted expenditure 1998a Actual expenditure

Apart from these, tax policy and welfare expenditure have been instrumental over a long period of time in transferring income from the higher to the lower income groups.

For tax incentives, the programmes administrated by IE Singapore such as Double Deduction for Overseas Investment Development Expenditure (DD) allow a double deduction of up to S 200,000 per approval against the income of approved expenditure incurred in initiating and developing investment outside Singapore.

Income tax (under the Tax

Ed. expenditure as a percentage of government expenditure

But the US has done a great deal in terms of adopting tax cuts that boost consumption relative to income and lower government revenue relative to expenditure. This is the lasting legacy of the temporary tax cuts adopted by George W. Bush s administration in the early 2000 s.

Expenditure

Expenditure

Expenditure

( ) Expenditure

Expenditure

The only tax you've paid is whiskey tax.

Estimated expenditure as of 31 December 1997 expenditure 1998

Previous positions include Director, International Tax Relations, Tax Policy Department Director, Tax Department, Italian Banking Association and Economic Adviser to the Minister of Finance for international tax policy and financial tax issues.

Instead, the government chose old style Keynesian policy moderate tax cuts to increase disposable income and an increase in current expenditure. Between 2001 and 2005, current non interest expenditure rose by 2 of GDP, revenues fell by 0.5 of GDP, and the general government deficit rose by 1 of GDP.

Tax

Tax.

Married persons are regarded as individuals for tax purposes, their income tax and property tax being assessed separately.

Expenditure analysis

Programme expenditure

Capital expenditure

Other expenditure

3. Expenditure

Actual expenditure

(a) Expenditure

(a) Expenditure

Total expenditure

Actual expenditure.

D. Expenditure

Expenditure reduction

(c) Expenditure

(d) Expenditure

Total expenditure

(j) Expenditure.

4 Proposed expenditure and income by major object of expenditure 18

This figure includes both public expenditure (42.1 ) and private expenditure (57.9 ).

4 Proposed expenditure and income by major object of expenditure 17

a Airstrip includes use tax, landing fee and passenger tax.

Director, International Tax Policy Division, Tax Bureau, Ministry of Finance.

Capital tax differences among countries would induce capital to flow from the high tax to the low tax economies.

Tax revenue

Table 3. Summary by object of expenditure administrative costs Object of expenditure