[eng] Tax Competition and Tax On Firm Profits : Theory and Practice.. This paper begins by reviewing the principal results relating to optimal taxation of corporate income and distortions arising from corporate income tax in an open economy. Emphasis is placed on the most recent theoretical...

The impact of the fragmentation of executive and legislative bodies on the level and composition of government expenditure is a feature of politics that has attracted considerable attention from economists. However, previous authors have abstracted from two important concepts: ideology and...

Fiscal competition between governments to attract investment can take the form of business tax rebates, productivity-enhancing public infrastructure, tax holidays, accelerated depreciation allowances or loss carry-forward for income tax purposes. This paper surveys the recent theoretical and...