Attractiveness of the Domicile Economy Through Tax Incentives

Domazet, Ivana and Marjanović, Darko and Stošić, Ivan (2018) Attractiveness of the Domicile Economy Through Tax Incentives. Ekonomika preduzeća. pp. 434-445. ISSN 0353-443X

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Abstract

In most world economies, foreign investments are recognized as an
important means of development, but also as an important channel
for activating their own potentials. Taking into consideration global
trends in foreign direct investment, it is noticeable that they are very
significant for the overall development of the world economy, which can
be seen through the value of the investments made in the last twenty
years. In order to become the leading state in attracting foreign capital
in the region, Serbia needs to practice fiscal incentives that can attract
foreign investors.
The main goal of this paper is to present in an adequate manner
how certain tax incentives may affect the business of foreign investors
in Serbia. In order to determine the significance of tax incentives, it was
necessary to collect enough information from foreign investors, aimed to
present their attitudes, opinions, expectations and perceptions regarding
the investment of their own capital. In this paper, special attention is
paid to tax incentives in certain areas of business conducted by foreign
investors in Serbia, depending on the activity of foreign investors and the
level of internationalization of business operations. The methodology of
empirical research is focused on a quantitative approach, which is reflected
in the collection of primary data, the survey carried out among foreign
investors, comparison of the collected data, and analysis of causality of
the researched phenomena.
The results of the conducted empirical research express the views
of foreign investors operating in Serbia in an objective and comprehensive
way, showing the great significance of tax incentives that undoubtedly
influence the choice of the country as an investment destination.
Therefore, in the following period, it is extremely important to offer even
better conditions to foreign investors, which will primarily be related to
a wider range of tax incentives, not diminishing the importance of other
factors that may also have an impact on raising the competitiveness of
the Serbian economy.

Item Type:	Article
Uncontrolled Keywords:	tax incentives, FDI, competitiveness, foreign investors, capital
Research Department:	Macroeconomics
Depositing User:	Jelena Banovic
Date Deposited:	05 Mar 2019 10:48
Last Modified:	03 May 2020 12:59
URI:	http://35.240.28.64/id/eprint/1319
Author Links:	[error in script] No links available.

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