THE ROLE OF THE INVESTMENT CLIMATE IN SOLVING THE PROBLEM OF HUMAN RESOURCE FORMATION IN THE TAX SYSTEM OF THE REPUBLIC OF AZERBAIJAN

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Məmmədov M.

Economy and Management, vol.32, no.71, pp.108-111, 2021 (Peer-Reviewed Journal)

• Nəşrin Növü: Article / Article
• Cild: 32 Say: 71
• Nəşr tarixi: 2021
• Doi nömrəsi: 10.32838/2523-4803/71-4-17
• jurnalın adı: Economy and Management
• Səhifə sayı: pp.108-111
• Adres: Bəli

Qısa məlumat

The issue of creating a favorable tax environment in any country plays an important role in solving the

problem of human resource development. Foreign investors are more interested in the stability and evolution

of the tax system, which allows them to predict their activities in the long run, rather than tax benefits and

privileges. The main purpose of the state investment policy is to ensure the renewal of fixed assets and the

reconstruction of production through the application of scientific and technical achievements. The formation

of a favorable investment climate, the effective use of attracted domestic and foreign investment resources

in the priority areas of the national economy is one of the urgent problems of the Azerbaijani economy.

Enterprises become increasingly aware that proper investment into human resources can have a significant

impact on their performance, which of course also affects their competitiveness. The corporate culture exactly

offers the greatest source of competitive advantage of enterprises. Continual adaptation to changing market

conditions attracts businesses to invest their energy and finance to staff by improving their competencies.