The Budget Bill for 2013 was enacted on 10 January 2013 as the Finance Act 2013.  Key points of the Budget are summarized below: Direct taxation (a) Corporate taxation. -   Foreign company acquisition incentives to be reintroduced and a special tax rate to encourage local service providers to merge into bigger entities. -   Tax incentives for private entrepreneurs in the oil and gas industry including 100% income tax waiver for 10 years, and withholding tax and stamp duty exemptions to continue. -   Tax incentive for the Global Incentive for Trading (GIFT) programme which relates to liquefied natural...