| The factors that inpact to Foreign Direct Investment (FDI) is diversity, incl uding the macroeconomic situation, exchange rate, international trade, tax policy, etc. The macroeconomic situation of FDI is playing a very important key role, a nd one of the conditions of tax policy for FDI also plays an important role. With the continuous development of market economy countries, the role of tax policy for attracting foreign direct investment is more and more obvious. To attract fore ign direct investment and develop national economy, the government has made s ignificant changes in tax policy and has developed "Foreign investment law of t he Union of Myanmar", "The income tax law", "Business tax law" and "Tariff la w" and other series of laws and regulations. Establishment of laws and regulatio ns to promote development of FDI in Myanmar very rapidly. In this paper, I hav e used the country’s tax policy analyzed the influence of FDI on tax revenue in developing countries.American economists, H.B.CHENERY & A.M.STROUT "double gap mo del" declare that developing countries should bringing foreign capital to the cou ntry should only under the situation when the country itself are really lack of the ir own economic resources. If there is a large gap in the economic resource it is r eally necessary to bring up the foreign capital because the role of foreign capital is to fill up the lack double gap.Throughout the history of nearly 30 years, the country’s tax policy slowly g etting mature and enough to attracting foreign investment. And the experience of the changing of tax’s policy every several stages can take out as an experience of the development of other developing countries. This paper integrated and use d related theory of knowledge and technology, based on the perspective of FDI, through the analysis of the effect of tax policy for FDI and the action of mechani sm in Myanmar for better use of foreign direct investment development provides reasonable countermeasures and suggestions. |
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