Using Tax Incentives to Compete for Foreign Investment

Using Tax Incentives to Compete for Foreign Investment PDF Author: Louis T. Wells
Publisher: World Bank Publications
ISBN: 9780821349922
Category : Business & Economics
Languages : en
Pages : 126

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Book Description
Annotation This volume consists of two essays: the first one examines this issue in the context of Indonesia, the second provides a review of earlier literature.

Using Tax Incentives to Compete for Foreign Investment

Using Tax Incentives to Compete for Foreign Investment PDF Author: Louis T. Wells
Publisher: World Bank Publications
ISBN: 9780821349922
Category : Business & Economics
Languages : en
Pages : 126

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Book Description
Annotation This volume consists of two essays: the first one examines this issue in the context of Indonesia, the second provides a review of earlier literature.

Tax Incentives for Foreign Direct Investment

Tax Incentives for Foreign Direct Investment PDF Author: A. J. Easson
Publisher: Kluwer Law International B.V.
ISBN: 9041122281
Category : Law
Languages : en
Pages : 262

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Book Description
Each national report addresses, among other things, the following issues: - the sources of law and general principle of the law of evidence - the means of evidence - the role of the judge and the parties in the evidence procedure - the evaluation of evidence - the production of evidence - the registration of produced evidence - the possibilities to admit new evidence or to renew evidence in appeal proceedings.

Rethinking Investment Incentives

Rethinking Investment Incentives PDF Author: Ana Teresa Tavares-Lehmann
Publisher: Columbia University Press
ISBN: 0231541643
Category : Business & Economics
Languages : en
Pages : 369

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Book Description
Governments often use direct subsidies or tax credits to encourage investment and promote economic growth and other development objectives. Properly designed and implemented, these incentives can advance a wide range of policy objectives (increasing employment, promoting sustainability, and reducing inequality). Yet since design and implementation are complicated, incentives have been associated with rent-seeking and wasteful public spending. This collection illustrates the different types and uses of these initiatives worldwide and examines the institutional steps that extend their value. By combining economic analysis with development impacts, regulatory issues, and policy options, these essays show not only how to increase the mobility of capital so that cities, states, nations, and regions can better attract, direct, and retain investments but also how to craft policy and compromise to ensure incentives endure.

Global Investment Competitiveness Report 2017/2018

Global Investment Competitiveness Report 2017/2018 PDF Author: World Bank Group
Publisher: World Bank Publications
ISBN: 1464811857
Category : Business & Economics
Languages : en
Pages : 182

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Book Description
The Global Investment Competitiveness report presents new insights and evidence on drivers of foreign direct investment (FDI) in developing countries, and FDI’s role in development. The report’s survey of 750 executives of multinational corporations finds that a business-friendly legal and regulatory environment is a key driver of investment decisions in developing countries, along with political stability, security, and macroeconomic conditions. The report’s topic-specific chapters explore the potential of FDI to create new growth opportunities for local firms, assess the power of tax holidays and other fiscal incentives to attract FDI, analyze characteristics of FDI originating in developing countries, and examine the experience of foreign investors in countries affected by conflict and fragility. Three key features of this Global Investment Competitiveness report distinguish it from other publications on FDI. First, its insights are based on a combination of first-hand perspectives of investors, extensive analysis of available data and evidence, and international good practices in investment policy design and implementation. Secondly, rather than exploring broad FDI trends, the report provides detailed and unique analysis of FDI depending on its motivation, sector, geographic origin and destination, and phase of investment. Thirdly, the report offers practical and actionable recommendations to policymakers in developing countries wishing to reform their business climates for increased investment competitiveness. As such, the report is meant to complement other knowledge products of the World Bank Group focused even more explicitly on country-level data, detailed reform diagnostics, and presentation of best practices. We are confident this report will bring value and fresh perspectives to a variety of audiences. To governments and policymakers, including investment promotion professionals, the report offers direct insights into the role of government policies and actions in investors’ decision-making. To foreign investors and site location consultants, the report provides information on FDI trends and drivers across sectors and geographies. For academic audiences, the new datasets on investment incentives and FDI motivations enables opportunities for additional research and analysis. Lastly, for development assistance providers and other stakeholders, the report highlights key approaches for maximizing FDI’s benefits for development.

How Tax Policy and Incentives Affect Foreign Direct Investment

How Tax Policy and Incentives Affect Foreign Direct Investment PDF Author: Jacques Morisset
Publisher: World Bank Publications
ISBN:
Category : Fiscal policy
Languages : en
Pages : 34

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Book Description
Tax incentives neither make up for serious deficiencies in a country's investment environment nor generate the desired externalities. But when other factors, such as infrastructure, transport costs, and political and economic stability are more or less equal, the taxes in one location may have a significant effect on investors' choices. This effect varies, however, depending on the tax instrument used, the characteristics of the multinational company, and the relationship between the tax systems of the home and recipient countries.

Foreign Direct Investment and Tax Competition

Foreign Direct Investment and Tax Competition PDF Author: John H. Mutti
Publisher: Peterson Institute
ISBN: 9780881323528
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
Addresses the nature and extent of the international mobility of foreign direct investment and how tax competition is affecting the structure of national tax systems, and how efforts at international coordination of tax policy will affect such changes.

Strategies of Multinationals and Competition for Foreign Direct Investment

Strategies of Multinationals and Competition for Foreign Direct Investment PDF Author: Charles Albert Michalet
Publisher: World Bank Publications
ISBN: 9780821341612
Category : Business & Economics
Languages : en
Pages : 50

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Book Description
Is there a trade-off among countries in attracting foreign direct investment (FDI)? And, in particular, has the opening up of Central and Eastern Europe diverted FDI that otherwise would have gone to developing countries? To answer these questions, FIAS c

Global Investment Competitiveness Report 2019/2020

Global Investment Competitiveness Report 2019/2020 PDF Author: World Bank Group
Publisher: World Bank Publications
ISBN: 1464815437
Category : Business & Economics
Languages : en
Pages : 321

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Book Description
The Global Investment Competitiveness Report 2019-2020 provides novel analytical insights, empirical evidence, and actionable recommendations for governments seeking to enhance investor confidence in times of uncertainty. The report's findings and policy recommendations are organized around "3 ICs" - they provide guidance to governments on how to increase investments' contributions to their country's development, enhance investor confidence, and foster their economies' investment competitiveness. The report presents results of a new survey of more than 2,400 business executives representing FDI in 10 large developing countries: Brazil, China, India, Indonesia, Malaysia, Mexico, Nigeria, Thailand, Turkey, and Vietnam. The results show that over half of surveyed foreign businesses have already been adversely affected by policy uncertainty, experiencing a decrease in employment, firm productivity, or investment. Foreign investors report that supporting political environments, stable macroeconomic conditions, and conducive regulatory regimes are their top three investment decision factors. Moreover, the report's new global database of regulatory risk shows that predictability and transparency increase investor confidence and FDI flows. The report also assesses the impact of FD! on poverty, inequality, employment, and firm performance using evidence from various countries. It shows that FDI in developing countries yields benefits to their firms and citizens-including more and better-paid jobs-but governments need to be vigilant about possible adverse consequences on income distribution. The report is organized in S chapters: Chapter 1 presents the results of the foreign investor survey. Chapter 2 explores the differential performance and development impact of greenfield FDI, local firms acquired by multinational corporations {i.e. brownfield FDI), and domestically-owned firms using evidence from six countries. Chapter 3 assesses the impact of FDI on poverty, inequality, employment and wages, using case study evidence from Ethiopia, Turkey and Vietnam. Chapter 4 presents a new framework to measure FDI regulatory risk that is linked to specific legal and regulatory measures. Chapter S focuses on factors for increasing the effectiveness of investment promotion agencies.

Fiscal Incentives for Investment and Innovation

Fiscal Incentives for Investment and Innovation PDF Author: Anwar Shah
Publisher: Oxford University Press, USA
ISBN: 9780821359020
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
All countries, irrespective of their stage of development, offer tax and other incentives in order to stimulate investment in industrial and technological development. However, institutional aspects can hinder realisation of this potential, particularly in developing countries. This publication examines the effect of fiscal incentives on business activity and government revenues in developing countries, and compares their beneficial effects on investment with the resulting losses in tax revenues. The conclusion drawn is that a stable and credible tax regime, with tax rates roughly comparable to those of capital-exporting countries, is a prerequisite for effective investment incentives. Overall, a stable regime of low corporate taxes offers greater promise for investment promotion than a high-tax, high-incentive but unstable tax system.

Foreign Direct Investment in the Real and Financial Sector of Industrial Countries

Foreign Direct Investment in the Real and Financial Sector of Industrial Countries PDF Author: Heinz Herrmann
Publisher: Springer Science & Business Media
ISBN: 354024736X
Category : Business & Economics
Languages : en
Pages : 368

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Book Description
A collection of papers on the determinants and consequences of foreign direct investment (FDI) in the real and financial sectors of industrial countries. The text sheds new light on the determinants of FDI, in particular the role of governmental incentives. Another main topic is the role of FDI in the east European accession countries. It provides insights into the question of whether EU enlargement will have consequences for capital flows into those countries. Since the start of European monetary union, the discussion on cross-border mergers in the European banking industry has intensified. The final part of the book contains contributions to this debate.