The Effectiveness of Tax Mechanisms in Encouraging and Attracting Investment

Abstract

The development of societies, the change of living patterns, and the interference of investment in various sectors, made most of the legislations directing to setting guarantees, which is one of the reasons that prompt investors to decide where their destination in the world will be precisely, by granting the investor guarantees against any risks that he is exposed to in his investment project. There has been an increased interest in studying tax policies and their effects that may result from their application as a method to direct the economy, as the role of the state has evolved from an intervening state with specific tasks to a state that guards economic activity with the aim of creating balance and achieving stability. The state’s role was to translate the opinions of some economists who advocated The necessity of expanding its functions, stressing that it is the only way to prevent the destruction of economic institutions.