Singapore Stock Exchange - Equity Investments
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Tuesday, September 5, 2017
It's official now! Government tax credit is not considered a state subsidy under WTO.
http://www.channelnewsasia.com/news/business/wto-reverses-ruling-against-boeing-777x-tax-credits-9184910
Many countries will use the tax credit to boost its competitiveness now as WTO doesn't consider tax credit as a state subsidy.
WTO has set the precedent for all to follow. Good job!
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