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What is Corporate Tax Impact on Investment Trends about?
Firms are crucial for tax collection, contributing various taxes, yet public discourse primarily centers on corporate income tax. Concerns have arisen regarding multinational companies avoiding taxes through profit shifting to tax havens, prompting calls for international tax coordination. Recent research indicates that corporate income tax negatively impacts investment in Indian manufacturing firms, with a lower tax elasticity compared to other countries.
- Author
- Ritik Parab
- Language
- EN