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Maurer School of Law: Indiana University
International and other extra-territorial public administration
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Full-Text Articles in Taxation-Transnational
The Merits Of Tax Competition In A Globalized Economy, David Elkins
The Merits Of Tax Competition In A Globalized Economy, David Elkins
Indiana Law Journal
Since the turn of the current century, leading transnational organizations and academic scholarship have identified tax competition among countries as one of the scourges of the international tax regime. Both the EU and the OECD have warned that tax competition erodes the tax bases of Member States and impedes their ability to provide essential services. Commentators have argued that unrestrained competition is driving tax rates on mobile sources of income to (or close to) zero, a process that jeopardizes the very existence of the welfare state, exacerbates problems of global poverty, and deprives developing countries of funds that they desperately …