Taxation as a factor in investment attractiveness in the Visegrad countries

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F23%3A39920529" target="_blank" >RIV/00216275:25410/23:39920529 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.tandfonline.com/doi/abs/10.1080/14631377.2023.2169522" target="_blank" >https://www.tandfonline.com/doi/abs/10.1080/14631377.2023.2169522</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1080/14631377.2023.2169522" target="_blank" >10.1080/14631377.2023.2169522</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Taxation as a factor in investment attractiveness in the Visegrad countries

Popis výsledku v původním jazyce

Managers take into account the tax burden when they decide about a new investment; therefore, they seek countries with lower tax rates. Governments respond to these requirements and battle for new investments by lowering tax rates as part of tax competition. This study focuses on the Visegrad countries as a region of new foreign investments from other OECD countries, and analyses the determinants of a bilateral FDI position of equity. As a model, it uses dynamic panel regression with GMM estimation. Results show that FDIs are affected by the level of difference in corporate taxation and the size of both countries. Every other potential determinant has no effect on the level of investment. These results show that foreign investors care about tax burdens more when investing within the Visegrad Group. Visegrad countries are relatively close when considering conditions for business; therefore, the most important difference becomes the taxation of profits.

Název v anglickém jazyce

Taxation as a factor in investment attractiveness in the Visegrad countries

Popis výsledku anglicky

Managers take into account the tax burden when they decide about a new investment; therefore, they seek countries with lower tax rates. Governments respond to these requirements and battle for new investments by lowering tax rates as part of tax competition. This study focuses on the Visegrad countries as a region of new foreign investments from other OECD countries, and analyses the determinants of a bilateral FDI position of equity. As a model, it uses dynamic panel regression with GMM estimation. Results show that FDIs are affected by the level of difference in corporate taxation and the size of both countries. Every other potential determinant has no effect on the level of investment. These results show that foreign investors care about tax burdens more when investing within the Visegrad Group. Visegrad countries are relatively close when considering conditions for business; therefore, the most important difference becomes the taxation of profits.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Post-Communist Economies

ISSN

1463-1377

e-ISSN

1465-3958

Svazek periodika

35

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

16

Strana od-do

368-383

Kód UT WoS článku

000917792100001

EID výsledku v databázi Scopus

2-s2.0-85147201992