This article analyzes the essence, types, and impact of tax incentives on the investment process. Through tax incentives, governments aim to attract investment, accelerate economic growth, and create new jobs. At the same time, the article also examines the negative consequences of tax incentives, such as reduced budget revenues and their effects on market competition. The study substantiates the role of tax incentives in increasing investment activity and highlights the importance of their effective application.

tax incentives, investment, economic growth, tax policy, state budget, free economic zones, capital flow, competitiveness.

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