ABSTRACT
This study
focuses on the effect of tax incentives on foreign direct investment in the
petroleum upstream sector in Nigeria. The study made used of an ex-post facto
research design. The data collected were then tabulated and analyzed using the
simple regression analysis. The results revealed the estimated coefficient of
the regression parameter have a positive sign and thus conform to our a-priori
expectation. The implication of this sign is that the dependent variables
foreign direct investment is positively affected by tax incentives proxy by
(investment tax allowance, non-productive rent, capital allowance). The study
also revealed that there is a very' high relationship between by tax incentives
proxy by (investment tax allowance, nonproductive rent, capital allowance) and
the dependent variable that is foreign direct investment. Conclusively, fins'
enjoying tax incentives will generate more employment opportunities than fins
in high/v taxed regions. Conducive investment climate L ci strong requirement
for the floii; of sustainable physical investment in an economy. Tax incentives
positively influences the living standards and per capital income, and expand
variety of goods available to consumers. It is recommended that tax incentives mould be effective and ethics should be by
relevant tax authorities to ensure that fIcmns to benefit from these incentives
are adequately granted these incentives.
EHIOGU, J (2021). Effect Of Tax Incentives On Foreign Direct In Vestment In The Petroleum Upstream Sector In Nigeria . Mouau.afribary.org: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-tax-incentives-on-foreign-direct-in-vestment-in-the-petroleum-upstream-sector-in-nigeria-7-2
JOYCE, EHIOGU. "Effect Of Tax Incentives On Foreign Direct In Vestment In The Petroleum Upstream Sector In Nigeria " Mouau.afribary.org. Mouau.afribary.org, 07 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-tax-incentives-on-foreign-direct-in-vestment-in-the-petroleum-upstream-sector-in-nigeria-7-2. Accessed 26 Nov. 2024.
JOYCE, EHIOGU. "Effect Of Tax Incentives On Foreign Direct In Vestment In The Petroleum Upstream Sector In Nigeria ". Mouau.afribary.org, Mouau.afribary.org, 07 Jul. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-tax-incentives-on-foreign-direct-in-vestment-in-the-petroleum-upstream-sector-in-nigeria-7-2 >.
JOYCE, EHIOGU. "Effect Of Tax Incentives On Foreign Direct In Vestment In The Petroleum Upstream Sector In Nigeria " Mouau.afribary.org (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-tax-incentives-on-foreign-direct-in-vestment-in-the-petroleum-upstream-sector-in-nigeria-7-2