Taxation concessions to attract international business: An Asia-Pacific comparison

"With the growth of the Asia-Pacific region as a whole, and the potential shift from Hong Kong, regimes in the Asia-Pacific have offered tax incentives to encourage new investment. Two such tax incentives are concessions offered to attract offshore banking units (OBUs) and regional headquarters. The regimes in Australia, Singapore and Malaysia have offered incentives through the tax system in both of these areas. This paper identifies the threshold requirements and key elements in the [sic] each of the concessions offered in each country. Comparison is then drawn between the measures enacted in the three regimes to attract international business."--p. 1.