An honorable member of the Coffee Shop Has Just Posted the Following:
MNCs get huge amount of tax relief under EDB Pioneer Schemes.
How strict are EDB audits on these MNCs especially their hiring practices. As far as I speak to some Singaporeans working in these MNCs, EDB does not link a condition that Singaporeans must be employed first.
Taxpayers money are "wasted" on these MNCs! Yet these MNCs hire their own kind or foreigners first.
We need some transparency!
We need all the MNCs to commit to hiring 50% Singaporeans in respect of their managerial level workforce, if not, their tax relief will go southwards.
Accountability!!! Accountability!!! Singaporeans want Accountability!
Click here to view the whole thread at www.sammyboy.com.
17-10-2013, 05:10 PM
Audit the MNCs & EDB Arrangements for Tax Relief and Employment Practices
