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https://www.um.edu.mt/library/oar/handle/123456789/31802
Title: | Tax competition – areas of display and effects |
Authors: | Mitu, Narcis Eduard |
Keywords: | Taxation Tax administration and procedure -- Romania Competition |
Issue Date: | 2009 |
Publisher: | University of Piraeus. International Strategic Management Association |
Citation: | Mitu, N. E. (2009). Tax competition – areas of display and effects. European Research Studies Journal, 12(2), 67-76. |
Abstract: | In the past, governments had more freedom in setting their taxes as the barriers to free movement of capital and people were high. The gradual process of globalization is lowering these barriers and results in rising capital flows and greater manpower mobility. Tax competition exists when governments are encouraged to lower fiscal burdens to either encourage the inflow of productive resources or discourage the exodus of those resources. With tax competition in the era of globalization politicians have to keep tax rates “reasonable” to dissuade workers and investors from moving to a lower tax environment. Most countries started to reform their tax policies to improve their competitiveness. However, the tax burden is just one part of a complex formula describing national competitiveness. The other criteria like total manpower cost, labor market flexibility, education levels, political stability, legal system stability and efficiency are also important. |
URI: | https://www.um.edu.mt/library/oar//handle/123456789/31802 |
ISSN: | 11082976 |
Appears in Collections: | European Research Studies Journal, Volume 12, Issue 2 |
Files in This Item:
File | Description | Size | Format | |
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Tax_competition_areas_of_display_and_effects_2009.pdf | 100.81 kB | Adobe PDF | View/Open |
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