Tax Concessions

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August 31, 2024 4 min read Definitions
Business Expansion Scheme: Encouraging Investment Through Tax Concessions
Economics Finance Business Expansion Scheme BES UK Investment Tax Concessions Venture Capital
The Business Expansion Scheme (BES) was a UK fiscal device aimed at encouraging venture capital investment in new businesses by offering tax concessions, operating from 1981 to 1994, and later replaced by the Enterprise Investment Scheme.
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August 31, 2024 4 min read Definitions
Domino Effect: Chain Reaction Phenomenon
Economics Social Sciences Domino Effect Chain Reaction Economic Policies Trade Blocs Tax Concessions
The Domino Effect refers to the tendency of one country's actions to induce similar actions in other countries. This can apply to joining trade blocs, adopting policies, or other actions that have cascading impacts.
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