TAX INCENTIVES CATALYST FOR INDUSTRIAL DEVELOPMENT AND ECONOMIC GROWTH

Abstract
Tax studies have become increasingly sophisticated especially during the past decade and have yielded conflicting results as regards the tax matter. Some studies focus on the cost and benefit of tax incentives while a few look at whether public funds could have been better spent or if tax incentives were economically justified. Tax studies offer little guidance to policy makers who are concerned about tax rates or tax offerings and the effectiveness of employing tax incentives as an economic and developmental tool.The mode by which industrial development and economic growth can be effectively, efficiently, stimulated and developed is very demanding. As a result of this, the government charges less tax and gives tax holidays in order to encourage investments and economic activities in those areas which help to improve production capabilities, activate economic growth as well as the allocation of resources in a socially desirable manner.

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APA

Raji, A. (2018). TAX INCENTIVES CATALYST FOR INDUSTRIAL DEVELOPMENT AND ECONOMIC GROWTH. Afribary. Retrieved from https://afribary.com/works/tax-incentives-catalyst-for-industrial-development-and-economic-growth-6553

MLA 8th

Raji, Alex "TAX INCENTIVES CATALYST FOR INDUSTRIAL DEVELOPMENT AND ECONOMIC GROWTH" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/tax-incentives-catalyst-for-industrial-development-and-economic-growth-6553. Accessed 14 Apr. 2024.

MLA7

Raji, Alex . "TAX INCENTIVES CATALYST FOR INDUSTRIAL DEVELOPMENT AND ECONOMIC GROWTH". Afribary, Afribary, 29 Jan. 2018. Web. 14 Apr. 2024. < https://afribary.com/works/tax-incentives-catalyst-for-industrial-development-and-economic-growth-6553 >.

Chicago

Raji, Alex . "TAX INCENTIVES CATALYST FOR INDUSTRIAL DEVELOPMENT AND ECONOMIC GROWTH" Afribary (2018). Accessed April 14, 2024. https://afribary.com/works/tax-incentives-catalyst-for-industrial-development-and-economic-growth-6553

Document Details
Field: Accounting Type: Project 111 PAGES (16521 WORDS) (pdf)