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Concession Agreement |
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Concession agreement An understanding between a company and the host government that specifies the rules under which the company can operate locally. Concession Agreement An agreement in which a government, especially a local government, gives preferential treatment to a private-sector company. Generally speaking, a concession agreement involves special tax considerations, and is designed to encourage a company to come to or stay in an area. Governments make concession agreements to promote job growth or stability. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Some concession agreements might include tax breaks for the corporation, in order to keep them from moving to another jurisdiction. Some concession agreements might include tax breaks for the corporation, in order to keep them from moving to another jurisdiction. Some concession agreements might include tax breaks for the corporation, in order to keep them from moving to another jurisdiction. |
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