Opportunità o costo? La concorrenza fiscale nell’esperienza dell’UE, dei Paesi OCSE e degli Stati Uniti / Opportunity or cost? Tax competition in the US, the EU and OECD countries

This paper deals with a number of effects of tax competition within the ongoing process of international economic integration. Dissimilarities in policy response to tax competition spillovers in the US and the EU are traced back to differences in political and institutional frameworks, whereas some recent empirical research results are presented which contrast with established positions held in the theoretical literature. Finally, it is shown that tax competition in the EU has not been followed by a race to the bottom of tax rates across Member countries.