Please use this identifier to cite or link to this item:
Title: Tax competition – areas of display and effects
Authors: Mitu, Narcis Eduard
Keywords: Taxation
Tax administration and procedure -- Romania
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.
ISSN: 11082976
Appears in Collections:European Research Studies Journal, Volume 12, Issue 2

Files in This Item:
File Description SizeFormat 
Tax_competition_areas_of_display_and_effects_2009.pdf100.81 kBAdobe PDFView/Open

Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.