The increasing political concern about fiscal competition across European countries induced Italy to implement a wide-ranging reform of capital income and business taxation. We describe the reform, briefly discuss its links with other relevant international experiences and reform proposals, and...

We carefully review the recent Italian reform of business taxation, compare it with other international experiences and theoretical proposals, and calculate its effects on the cost of capital and on the effective average corporate tax rate. We argue that the Italian reform is an original attempt...

We carefully review the recent Italian reform of business taxation, compare it with other international experiences and theoretical proposals, and calculate its effects on the cost of capital and on the effective average corporate tax rate. We argue that the Italian reform is an original attempt...