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J. Risk Financial Manag. 2019, 12(1), 34; https://doi.org/10.3390/jrfm12010034

Tax Competitiveness of the New EU Member States

1
Agricultural Policy and Foreign Trade Division, Lithuanian Institute of Agrarian Economics, LT-03105 Vilnius, Lithuania
2
Economic Faculty, P. G. Demidov Yaroslavl State University, RU-150003 Yaroslavl, Russia
*
Author to whom correspondence should be addressed.
Received: 7 December 2018 / Revised: 21 January 2019 / Accepted: 21 January 2019 / Published: 14 February 2019
(This article belongs to the Special Issue Quantitative Finance)
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Abstract

This paper investigates tax competitiveness among the EU member countries. The tax competition of countries causes both positive and negative effects on macroeconomic processes such as the effectiveness of government spending, the rationality of supply of externalities, and the length and amplitudes of business cycles. A considerable reduction of corporate tax in the EU is related to increased tax competition after new members entered the EU. Multiple criteria methods were chosen for the quantitative evaluation of EU countries from different regions of the EU. Criteria of evaluation were chosen and structured into a hierarchy. The convergence process of the new members of the EU is reinforced with the increasing tax competitiveness of such countries. Results of the multiple criteria evaluation revealed both the factors that increased the tax competitiveness of new members of the EU, and outlined the factors that hampered such competition. View Full-Text
Keywords: state tax risks; loss of competitiveness of tax system; tax competition; tax revenues; tax burden; multiple criteria evaluation; PROMETHEE state tax risks; loss of competitiveness of tax system; tax competition; tax revenues; tax burden; multiple criteria evaluation; PROMETHEE
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Podviezko, A.; Parfenova, L.; Pugachev, A. Tax Competitiveness of the New EU Member States. J. Risk Financial Manag. 2019, 12, 34.

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