THE IMPACT OF TAX POLICY ON THE INVESTMENT ACTIVITY OF ENTERPRISES

This article is devoted to the study of the impact of tax policy on the investment activity of enterprises. The paper examines the main instruments of tax regulation, including corporate income tax rates, depreciation allowances, and tax incentives for investment. Theoretical approaches to the relationship between taxation and firms’ investment motivation are analyzed, along with empirical data reflecting the practical impact of the tax environment on enterprises’ decisions to invest in long-term projects.