Devereux, Michael; Griffith, Rachel; Klemm, Alexander - 2002
This paper analyses the development of taxes on corporate income in EU and G7 countries over the last two decades. We …, on average across EU and G7 countries, effective tax rates on marginal investment have remained fairly stable, but those … alternative forms of tax competition. First, governments may be responding to a fall in the cost of income shifting, which puts …