Tax incentives for foreign direct investment

Table of Contents
Preface
Chapter 1. Introduction: The Growth of Foreign Direct Investment and its Determinants;
A. SCOPE OF THE STUDY;
B. THE GROWTH OF FDI AND OF THE COMPETITION TO ATTRACT IT;
C. THE PERCEIVED BENEFITS OF FDI;
D. LOCATIONAL DETERMINANTS;
Chapter 2. The Taxation of Foreign Direct Investment;
A. THE INTERNATIONAL TAX SYSTEM;
B. HOST-COUNTRY TAXATION;
C. HOME-COUNTRY TAXATION;
D. THIRD COUNTRY TAXATION;
E. TAXATION AS A DETERMINANT OF FDI;
Chapter 3. Tax Incentives for FDI;
In Theory;
A. THE CONVENTIONAL WISDOM;
B. DISTORTIONARY EFFECTS;
C. INEFFECTIVENESS OF TAX INCENTIVES;
D. INEFFICIENCY OF TAX INCENTIVES;
E. SPECIAL INCENTIVES OR LOWER GENERAL TAX RATES;
Chapter 4. Tax Incentives for FDI;
In Practice;
A. THE INCREASING USE OF INCENTIVES;
B. RECENT TRENDS IN TAX INCENTIVES POLICIES;
C. WHERE IS INCENTIVES COMPETITION LEADING;
Chapter 5. Targeting Incentives. A. THE PURPOSE OF TARGETING;
B. FOREIGN INVESTMENT;
C. NEW INVESTORS OR NEW INVESTMENTS;
D. LARGE INVESTMENTS;
E. SECTORAL TARGETING;
F. LOCATIONAL INCENTIVES;
G. PERFORMANCE-BASED TARGETING;
Chapter 6. Designing Incentives;
A. TYPES OF TAX INCENTIVE;
B. CIT EXEMPTIONS AND REDUCTIONS;
C. WITHHOLDING TAX RELIEF;
D. PERSONAL INCOME TAX AND SOCIAL SECURITY CONTRIBUTIONS;
E. SALES TAXES;
F. IMPORT DUTIES;
G. OTHER TAXES;
H. MATCHING THE INCENTIVE TO THE TARGET;
Chapter 7. Administrative Considerations;
A. ADMINISTRATIVE ASPECTS OF INCENTIVES DESIGN;
B. DETERMINATION OF ELIGIBILITY;
C. MONITORING COMPLIANCE;
D. PROTECTING AGAINST ABUSE;
E. TERMINATION OF TAX PRIVILEGES;
Chapter 8. Tax-Preferred Investment Zones;
A.A TAXONOMY OF INVESTMENT ZONES;
B. DUTY-FREE ZONES;
C. TAX-ADVANTAGED ZONES;
D. "PARKS";
E. CROSS-BORDER ZONES;
F. SPECIAL ZONES AS AN INVESTMENT INCENTIVE. Chapter 9. Some Basic Issues of Incentives Policy;
A. CONSTRAINTS ON GRANTING INCENTIVES;
B. AVOIDING A RACE TO THE BOTTOM: THE POSSIBILITY OF INTERNATIONAL OR INTRA-REGIONAL COOPERATION;
C. COUNTERING TAX COMPETITION;
D. CONCLUDING COMMENTS;
Selected Bibliography;
Index