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What is more, the government bought big employers' agreement to the law by offering tax breaks.
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The securities regulator has also said that it is considering offering tax breaks to QFIIs.
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On February 2nd, Mr Chavez ruled out a devaluation, offering tax breaks to exporters instead.
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Around 40 were set up, offering tax breaks, rates holidays and other incentives to companies locating within the zones.
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So instead of offering tax breaks to companies shipping jobs overseas, he'll offer them to companies creating jobs here at home.
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Mr Kerry is also offering tax breaks for college tuition, though in all likelihood these would mostly benefit the middle class.
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He added that China was also considering offering tax breaks to QFIIs.
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It has encouraged domestic companies to beef up their engineering expertise and is offering tax breaks to companies to develop their own products.
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Offering generous tax breaks, it hopes to attract more investors to the desert.
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The government also sought to boost the domestic economy by accelerating infrastructure programs, offering corporate tax breaks for employers to retain workers, and expanding export credit facilities.
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It will also help by offering generous tax breaks.
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While equipment like wind turbines and solar panels are typically pricey, federal and state government agencies are offering business owners tax breaks for installing them.
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It is also offering corporations legal changes and some tax breaks to restructure and overcome the so-called "three excesses" of too much capacity, debt and staff.
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