While the OECD is still pushing for tax competition laws (i.e. harmonization of legal norms and policies regarding taxes), there is some sanity in the EU - luckily a legal advisor has told EU finance ministers that their idea for a "financial transaction tax" (the renown Tobin tax) just can't work as it's discriminatory. Left unsaid - it's a terrible policy and threatens financial intermediation throughout the region.
Dr. Christopher Hartwell is an institutional economist and President of CASE Warsaw. All commentary on this page is exclusively his own and in no way represents the views of CASE, his wife, his dog, or anyone else. Especially not his wife or his dog.