Fiscal Incentives for Multinational Corporations

Fiscal incentives for multinational corporations are tax benefits or financial advantages offered by governments to attract or retain businesses. These can include lower tax rates, tax holidays, credits, or deductions that reduce a company's overall tax burden. By providing these incentives, countries aim to encourage corporations to invest, create jobs, and transfer technology within their borders. For the companies, these incentives improve profitability and competitiveness. For governments, they serve as tools to stimulate economic growth and development, making their countries more appealing for international business activities.