Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/2268
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dc.contributor.authorBoss, Alfreden_US
dc.date.accessioned2009-01-28T14:28:17Z-
dc.date.available2009-01-28T14:28:17Z-
dc.date.issued1999en_US
dc.identifier.urihttp://hdl.handle.net/10419/2268-
dc.description.abstractFor many years there have been political intentions to harmonize tax rates inEurope. As to capital income taxation, competition is often seen to be especiallyharmful. Facing a high degree of international capital mobility, every country isexpected to reduce its tax rate in order to attract new capital or not to losecapital allocated in the country ("race to the bottom").It is shown that the development of capital income tax rates in the EuropeanUnion (EU) and in other industrialized countries as well as the development ofcorporate income tax revenues do not indicate that a race to the bottom hastaken place. If tax competition should become as fierce as some observers seemto fear, the arguments in favor of tax competition instead of harmonizationshould be kept in mind. If tax rates are cut in a process of competition, governmentexpenditures have to be reduced; this helps to avoid waste and inefficienciesin the public sector. In addition, tax competition might help to find bettertax systems, and every country could learn from the experiences of othercountries. In contrast, tax harmonization would probably lead to higher taxes inthe EU.-
dc.language.isogeren_US
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen_US
dc.relation.ispartofseries|aKiel Working Paper |x916en_US
dc.subject.jelH20-
dc.subject.jelH87-
dc.subject.ddc330-
dc.subject.keywordtax competition-
dc.subject.keywordtax rate harmonization-
dc.subject.keywordvalue-added taxation in the EU-
dc.subject.keywordcapital income taxation in the EU-
dc.subject.stwEU-Steuerrechten_US
dc.subject.stwSteuerwettbewerben_US
dc.subject.stwUmsatzsteueren_US
dc.subject.stwKapitalertragsteueren_US
dc.subject.stwEU-Staatenen_US
dc.titleDo we need tax harmonization in the EU?en_US
dc.typeWorking Paperen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:ifwkwp:916-
dc.identifier.printppn270011943en_US

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