International Tax Competition, Efficiency And An Analysis Of Institution

With the development of economic globlization, International Tax Competition is drawing more and more attentions. Dealing with the International Tax Competition is putting on schedules by many governments and economic organizations. In fact, tax competition is governmental institution competition. Spatially, the tax competition can take place among different countries and different areas in one country. The purpose of international competition is to draw more international economic resources with good tax circumstances. The international tax competition often take place in the fields of tax legislation, judicature and administration. The international tax competition and regulation are reflections of economic globlization in the area of international taxes, are materializing of national sovereignty, and they are affecting and restricting a county' s tax reformation. A moderate tax competition can enlarge a county' s tax base, reduce its tax burden, draw More foreign capital and technology, and promote international economic development and the performing of moderate tax principles. Immoderate international tax competition is vicious and harmful. Either for the promotion of world economic and moderate tax principles or for the restricting harmful tax competition, we should reinforce international cooperating capacity of tax policy. During the course of globlization, China should quicken the reformation of tax institution, reduce tax cost, and advance tax efficiency for a powerful ability of international tax competition.