Analysis of the Effect of Corporate Tax on FDI: Case Study of 6 ASEAN Countries

Viony Putri, Nurul Azizah Az Zakiyah, Lestari Sukarniati

Abstract


In order to catch up with the development of developed countries, ASEAN countries, the majority of which are developing countries such as Indonesia, Malaysia, Thailand, the Philippines, Vietnam, Singapore, require substantial funds as a source of financing for the development of a country. foreign Direct Investment (FDI) has an important role for a country's economy in the development sector and economic growth. because FDI is considered much better than others. Because this FDI provides an effect in the form of capital, transfer of knowledge and technology that is truly felt by a country. . The purpose of this study is to determine whether there is an effect of corporate tax, FDI in 6 ASEAN countries using panel data regression with independent variables corporate tax, inflation, unemployment, interest rates and pdb taken from the world bank for the period 2017-2022 and the dependent variable is FDI taken from the word bank for the period 2017-2022. The results of this study indicate that the corporate tax variable has a significant effect on FDI, inflation has no significant effect on FDI, unemployment has a significant effect on FDI, and finally the GDP variable has no significant effect on FDI.


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Publihser:
Universitas Ahmad Dahlan

Editorial Address:
Yogyakarta

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