News

OECD countries in bout of corporate tax competition

Page created: Wednesday, 13 September 2017 14:43 GMT

Thematic
Tags:

Industrialised countries have embarked on a bout of corporate tax competition even as their overall tax burden rose to record levels.

Tax competition to attract wealthy individuals appeared to be intensifying, too, the report said. Countries such as Italy and Portugal were focusing on wealthy individuals to broaden their tax base and stimulate entrepreneurship.