| Autor: Adam Adamczyk | 7 |
Strony: 7-18
pełen tekst
THE CORPORATE INCOME TAX AS A FACTOR OF INVESTMENT ACTIVITY
Summary
Investment is one of the most important elements of the gross domestic product. It can influence on GDP in two ways. In short term investment is a component of aggregated demand, in long-term investment is a factor of productivity growth. Because of special meaning of investment for the economy governments are interested in stimulating it. For that reason one can ask the question if government can affect investment by using tools of economical policy. Many economists consider that there is a relation between monetary policy and the level of investment. Unfortunately monetary integration of European countries causes that they lose possibility to conduct their own monetary policy. Therefore governments of the EMU countries are searching for new methods to stimulate investment. One of the most popular solutions is to use incentives built-in corporate income taxation. The main aim of the paper is to check if corporate income taxation can affect the level of investment.
pełen tekstTHE CORPORATE INCOME TAX AS A FACTOR OF INVESTMENT ACTIVITY
Summary
Investment is one of the most important elements of the gross domestic product. It can influence on GDP in two ways. In short term investment is a component of aggregated demand, in long-term investment is a factor of productivity growth. Because of special meaning of investment for the economy governments are interested in stimulating it. For that reason one can ask the question if government can affect investment by using tools of economical policy. Many economists consider that there is a relation between monetary policy and the level of investment. Unfortunately monetary integration of European countries causes that they lose possibility to conduct their own monetary policy. Therefore governments of the EMU countries are searching for new methods to stimulate investment. One of the most popular solutions is to use incentives built-in corporate income taxation. The main aim of the paper is to check if corporate income taxation can affect the level of investment.