It is well known that consumption-tax systems have several advantages over existing income-tax systems, such as greater administrative simplicity and intertemporal neutrality. Despite these advantages, proposals to introduce consumption taxes have only had very limited success. This paper...

A large part of the literature on tax competition argues that capital tends to be undertaxed if there is no international coordination of tax policies. This result constitutes an important theoretical basis for practical tax policy in particular in the EU, where minimum tax rates have been...

In the second contribution, Clemens Fuest and Bernd Huber take a more sympathetic view of the reform. Evaluating the pros and cons of corporate-personal tax integration with a special view on border crossing investment, they argue that the switch from the full imputation system to the classical...