Version 1
: Received: 3 September 2018 / Approved: 5 September 2018 / Online: 5 September 2018 (05:10:14 CEST)
How to cite:
Edo, O.; Alade, O. Company Income Taxes and Foreign Direct Investment in Nigeria. Preprints2018, 2018090084. https://doi.org/10.20944/preprints201809.0084.v1
Edo, O.; Alade, O. Company Income Taxes and Foreign Direct Investment in Nigeria. Preprints 2018, 2018090084. https://doi.org/10.20944/preprints201809.0084.v1
Edo, O.; Alade, O. Company Income Taxes and Foreign Direct Investment in Nigeria. Preprints2018, 2018090084. https://doi.org/10.20944/preprints201809.0084.v1
APA Style
Edo, O., & Alade, O. (2018). Company Income Taxes and Foreign Direct Investment in Nigeria. Preprints. https://doi.org/10.20944/preprints201809.0084.v1
Chicago/Turabian Style
Edo, O. and Omoye Alade. 2018 "Company Income Taxes and Foreign Direct Investment in Nigeria" Preprints. https://doi.org/10.20944/preprints201809.0084.v1
Abstract
This paper discusses corporate taxes and Foreign Direct Investment (FDI) in Nigeria. It is a review of literature that attempts to explore and give a reality on the response of FDI to corporate taxes. This paper shows in its introductory phase a prior discussion of the terms corporate tax and FDI and also elements of both terms and classifications. It follows with issues such as the effects of corporate taxes on FDI. This paper discusses the rhetoric whether reduced corporate taxes and other tax incentives has an effect on the inflow of FDI in Nigeria. To answer this question, the paper utilised information gathered from secondary sources including books, newspapers publications, working papers and research findings from studies. This paper shows that from surveyed empirical studies corporate taxes may have an important role in attracting FDI and have a rising effect on the development of the country, and as such recommends that tax incentives should be employed as a means to attracting FDI, a cost benefit analysis should be employed on the types of corporate taxes to determine the benefit from the perceived FDI inflow, in addition a review of the current tax policies should be carried out as they seem not to respond to the current economic situation.
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
