Tax holiday ineffective in attracting FDI
Friday, July 31st, 2009Plans to introduce a “”tax holiday”” would not be effective in alluring foreign investors into the country due to continuing security problems, labor disputes and legal uncertainties, Centre for Strategic and International Studies (CSIS) economist Pande Radja Silalahi asserted.
Pande said on Tuesday that foreign investors preferred a secure investment climate over tax incentives.
“”According to [...]