Frontmatter -- PREFACE -- CONTENTS -- TABLES -- 1. THE TAX EXPENDITURE CONCEPT -- 2. BUDGET POLICY -- 3. TAX POLICY AND ADMINISTRATION -- 4. CHOOSING BETWEEN TAX EXPENDITURES AND DIRECT PROGRAMS -- 5. THE TAX EXPENDITURE CONCEPT IN THE COURTS -- 6. INTERNATIONAL ASPECTS -- 7. CONCEPTUAL ASPECTS...

The increasing globalization of economic activity is bringing an awareness of the international consequences of tax policy. The move toward the common European market in 1992 raises the important question of how inefficiencies in the various tax systems—such as self-defeating tax competition...