Tax competition can pressure countries reliant on corporate Income Tax into policies that endanger this key revenue source. With the growth of multinational corporations globally, countries will continue to face challenges. It has become more important to understand the cross-border impact of national tax policies and how governments react to them. Read more in this blog post: http://wrld.bg/16lw30drOrJ
Peer Pressure: Tax competition and developing economies
A race to the bottom. Graphic by Nicholas Nam/World Bank Economists tend to agree on the importance of competition for a sound market economy. So what’s the problem when it comes to governments competing to attract investors through the tax treatment they provide? The trouble is that by competing wi…
