IMPACT OF COMPANY INCOME TAX ON FOREIGN DIRECT INVESTMENT

IMPACT OF COMPANY INCOME TAX ON FOREIGN DIRECT INVESTMENT

CHAPTER ONE

1.0      INTRODUCTION

Foreign direct investment is an ideology that explain the relationship between a country to the other through their efforts to involve in cross-border business. A country has to offer what he has to another country in order to enhance a good business relationship, also to improve their well-being in the society which lead to a common benign relationship for the betterment of their country through the production of goods and offering services (Ayanwale, 2017). Moreover, taking advantage of a country, the performance of this country is dependent on its parts, their relationship, and purpose Furthermore foreign direct investments is an act of creating a bilateral relationship through cross-border business with each other (Bailey, 2018).

To enhance fiscal output is the major concern of all countries across the world, foreign direct investment plays a significant role by fostering good relationship in term of balance of payment. The dramatic increase in investments report, and research analysis has prioritized the value of foreign direct investment in business literature and country can have abundant gains and better skills which will enhance better performance, gear up their productivity, growth, development and same time increase their standard of living (Balasubramanyam, Salism, & Sapsfold, 1999). It is also argued that country continents their social objective with their main targets where foreign direct investment acts as a means of a changing business ideas and strategic mechanism to increase their overall economic performance. It is also well documented that foreign direct investment can be an efficient approach for country to cultivate positive terms with their business if you love this foreign direct investment boots a significant influence on economic growth of every country across the world and is conceited as a purpose of the contribution toward its counterpart thereby including businesses as a major entity which contributes the word growth productivity and development (Barrell, & Pain, 2007).