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Industry Focus: Global Aerospace Production Soars To New Heights

Business Facilities

The state also is home to leading manufacturers of all types of aircraft and aircraft components and one of the nation’s largest military, defense and homeland security industries. Florida is home to one of the nation’s largest defense and homeland security clusters and ranks in the top 5 states in Department of Defense contract awards.

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FEATURE STORY: Thailand — Nuanced Nation, One-Stop Shop

Buisness Facilities Contributed Content

The BOI offers corporate income tax holidays for up to eight years, import duty reductions or exemptions on machinery and raw materials, double deduction of public utility costs, and deductions for infrastructure construction and installation costs. Thailand also offers the second lowest corporate income tax rate, behind Singapore, in Asia.