This paper studies international tax competition for an oligopolistic industry with many firms. Each national government sets its tax rate strategically to maximize the weighted sum of residents' welfare and political contributions by owners of firms as special interest groups. It is shown that,...

Agglomeration tendencies of industrial firms significantly affect the nature of tax competition. This paper analyzes tax competition between two countries over an infinite time horizon in an economy with trade costs and internationally mobile industrial firms. Most of the previous studies on tax...

The Global Minimum Tax (GMT) is applied only to firms above a certain size threshold, permitting countries to set differential tax rates for small and large firms. We analyse tax competition between a tax haven and a non-haven country for heterogeneous multinationals to evaluate the effects of...