出版社：Urad za Makroekonomske Analize in Razvoj (UMAR) / Institute of Macroeconomic Analysis and Development (IMAD)
摘要：Taxes and tax policy constitute an
element of the investment climate
for foreign direct investment (FDI).
As such they are one of the
factors determining the attractiveness
of a country as a location for
FDI. A lower tax rate stimulates
domestic and foreign investors
because a higher fraction of the
value added remains within a firm,
which means higher motivation
and increased resources for
investment. The relevance of tax
policy as an incentive for FDI is
confirmed by numerous empirical
analyses. A comprehensive body
of literature has been created
that establishes a strong negative
relationship between the level of
profit taxes and FDI flows.
Nominal and effective tax rates,
the definition of the tax base as
well as avoidance of double
taxation are factors important for
firms. Due to competition among
countries, nominal tax rates have
considerably decreased since
2000. The competition is
observable among the EU
countries in particular; apart from
Ireland, low tax rates are
characteristic especially of some
new EU member states (Latvia,
Lithuania, and Romania). As far
as the tax base is concerned,
countries usually use different
combinations of measures:
accelerated depreciation, lowering
of the tax base by a certain
percentage of the investment
value, exemption from paying tax
on reinvested profits, tax holidays,
specific sectoral or geographical
incentives, etc.
关键词：foreign direct investment, locational factors, taxes, tax policy, Slovenia
