The rol of tax benefits in investment support

Abstract

Investment is the main engine of the economic and social development of each country, so the receiving country, which seeks to attract investment, must provide an appropriate investment climate, by deciding on a range of incentives and benefits for domestic or foreign investors, the most important of which are the tax benefits. The tax policy should have some flexibility embodied in some partial or total exemptions from taxes and duties, if the tax policy does not conflict with the economy of the receiving state.