Over twenty-five years have passed since the original predecessors of today's Personal and Corporate Income Taxes came into force on January 1, 1979 and since the Urgent Measures on Tax Reform were published on November 14, 1977. The latter signaled the start of a major reform process aimed at...

This paper reviews corporate income taxation in the context of the economic globalisation experienced in the last thirty years. Given present flows of capital and income between nations and the importance of multinational firms, due consideration can no longer be given to corporate taxation...