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Why should this investment be given a preferential tax treatment?
As with any insurance product, annuities get preferential tax treatment.
However, Dr. Tricarico points out that farmers have traditionally benefited from preferential tax status.
Preferential tax treatment of intellectual property must be dependent on substantial economic activity.
Foreign companies operating in China will soon lose their preferential tax treatment there.
And that income gets preferential tax treatment as so-called carried interest.
Some techno-nationalists argue, for instance, that "American innovation" should receive preferential tax treatment or subsidies.
Corporate tax will increase from 26%to28%8% and farmers will lose preferential tax treatment and fuel subsidies.
The shipping industry will also see a tonnage tax hike and the industry's preferential tax treatments phased out.
There are 51 countries, including Barbados, Mauritius and Curacao, flagged for using "preferential" tax regimes to attract investment.
SA: I would be entitled to no preferential tax cuts or any other type of preferential treatment whatsoever.
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