This Article examines the legal and economic implications of this globalization phenomenon. Part I discusses the allocative effect an income tax system has on a particular country's resources. This first part, while focusing only on domestic tax policy, is intended to throw some light on the international issues that are the central focus of this article. So with this background in mind, Part II turns to the international scene, analyzing the efficiency effect international integration is having on the world's income tax systems in general and the U.S.'s income tax system in particular. Finally, Part III considers what the Organisation for Economic Cooperation and Development (OECD) has proposed be done about this "harmful" phenomenon and whether anything can or should be done about it.
Weiss, Mitchell B.
"International Tax Competition: An Efficient or Inefficient Phenomenon?,"
Akron Tax Journal: Vol. 16
, Article 3.
Available at: https://ideaexchange.uakron.edu/akrontaxjournal/vol16/iss1/3