الفهرس 
تمهيديوجد فقط 14 صفحة متاحة للعرض العام
 |  | from | 493 |  |  |
| | | from | 493 | | |
المستخلص
Local and foreign investments have a great importance. They represent the vital and active element to achieve economic grow and development. Direct foreign investment have become especially with current world challenges and transformations the most types of economy that reflect international partenership and the prevailed type in out funding for development.
The world faced during recent years conflects and competitions to attract direct foreign investments, which had increased importance as the world economies direct towards economy that is more libral and eleminating obtacles hindering international trade. As well as subsdising competion withdrawing the role of countries and driving toward the free market economics. These new systems rely to great extent on attracting private investment, as it is one of basic mechanisms to achieve reform and economic development.
As a result the tax policy became one of the most important tools for financial policy which is considered among the elements of the country economic policy to be able to have the aims of economic and social development be accomplished, pushing the economic grow, income and treasures balance, competence in use and allocating economic resources, and promoting the competability of national economy and evolvement in world economy.
Therefore, the study dealt with the role of tax policy in attracting and encouraging foreign investment in the developing countreis. This may be done by analysing and assessing tax incentives and exemptions of the Egyption law and some other countries and to what extent they may affect investment.
The study is divided into preparatory chapter and two volumes preceeded by an introduction and ended with conclusion. The prepartory chapter deals in first section with explaining the tax policy (concpet, aims, tools) and its relationship with investment. The second section deals with investment (concept, different kinds, variables and determinants attracting it) and incentives and obstacles of investment.
The first volume deals with tax incentives role in encouraging investment in three chapters. The first one concerns these incentives and their forms in the Egyptian law and some other countreis. The second presents the tax exemptions in the Egyptian tax law either in direct or indirect tax legislations. The third chapter discusses the development of legislation to encourage investment in Egypt with tax incentives mentioned in investment laws. Analysis and assessing all advantages and incentives with their effects on home and foreign investment was done in this chapter.
The second volume deals with the economic effects of tax policy and foreign investment in three chapters.
The first chapter concerned the effect of tax policy on foreign investment by explaining what are the resulted effects of applying tax incentives policy on foreign investment. The study tried to devote a strategy to reform tax policy in the light of variables and international conditions and economy reform programs.
The second chapter presents most important economic effects resulted from policy of encouraging foreign investment and to what extent they were effective in pushing economic grow and development. The third chapter dealt with most important effects of the policy to encourage foreign investment on the Egyptian economy and how this may achieve the economic and social aims.
Results and conclusion come in the end of the study with some recommendations such as tax incentives are not the only vital agent to attract and direct investment in Egypt. The matter does not concerns only with tax incentives but also with the availability of suitable environment and investment climate attracting and pushing different investments protected by security, political and economical circumstances of stability considered world changes and competitions many countries exert to have foreign investment.
Therefore, we should set bases and clear principles that make this incentive positive and have effects on instrument of directing foreign investment economically and socially. These bases and principles must be focused on deep economic studies determine how national economy make advantages of them by analyzing cost and profits, choosing suitable mix of them, determining economic priorities and reforming tax system in big strategy related with different economical policies match world changes and challenges.