| BEPS | Base Erosion and Profit Shifting |
| CAPEX | Capital expenditures |
| CIT | Corporate income tax |
| EU | European Union |
| ETR | Effective tax rate |
| FDI | Foreign direct investment |
| GloBE | Global Anti-Base Erosion Model Rules |
| GMT | Global Minimum Tax |
| ICT | Information & communication technology |
| IPA | Investment promotion agency |
| KPI | Key performance indicators |
| M&E | Monitoring and evaluation |
| MNE | Multinational enterprise |
| OECD | Organisation for Economic Co-operation and Development |
| R&D | Research and development |
| SDGs | Sustainable Development Goals |
| SEZs | Special economic zones |
| SMEs | Small and medium sized enterprises |
| SOEs | State-owned enterprises |
The Role of Incentives in Investment Promotion
Trends and Practices in OECD Member Countries
