THE ROLE OF TAX INCENTIVES IN ATTRACTING INVESTMENTS AND ACHIEVING SUSTAINABLE DEVELOPMENT GOALS IN THE ARAB REPUBLIC OF EGYPT AN APPLIED STUDY ON THE MINISTRY OF MILITARY PRODUCTION

Document Type : Review Article

Authors

1 Faculty of Graduate Studies and Environmental Research, Ain Shams University

2 Faculty of Commerce, Ain Shams University

3 Ministry of Military Production

Abstract

The study aimed to determine the role of tax incentives in attracting investments and achieving sustainable development goals in the Arab Republic of Egypt by identifying the forms of these incentives and their impact on attracting investments and directing them in a manner consistent with the economic and financial policy of the state. The study dealt with presenting the previous experiences through which the researchers worked hard in crystallizing the concepts of tax incentives, and determining their success factors to attract more local and foreign investments that contribute to achieving sustainable development goals, and trying to reach proposals to enable the leaders of the Ministry of Military Production to encourage and attract more investments, and an attempt to reach proposals to enable the leaders of the Ministry of Military Production to encourage and attract more investments. To achieve the goal of the study, the descriptive analytical approach was used to collect data and information using a random sample method from employees of the Ministry of Military Production, where the researchers distributed (500) surveys to the study sample, and (403) surveys were recovered with a recovery rate of (80.6%), which is a good percentage for statistical analysis, and (SPSS v.26) program was used to test the research hypotheses in addition to (AMOS v.26).
The most important results of the study were the presence of a significant effect of tax incentives on attracting investments, as it was found that there is a significant effect of attracting investments on achieving sustainable development goals. The most important recommendations of the study were the need to increase the granting of tax incentives for local and foreign investment projects to stimulate the expansion of investment projects, the need to issue modern legislation to attract local and foreign investments, and the need to use modern technology and clean renewable energy to reduce environmental pollution in order to achieve sustainable development goals.

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