@article{saxunova2018international,
  title = {International Tax Competition Complying with Laws: Who are its Beneficiaries?},
  author = {Darina Saxunova and Daniela Novackova and Jana Kajanova},
  year = 2018,
  url = {https://ibimapublishing.com/articles/JEERBE/2018/145385/},
  journal = {Journal of Eastern Europe Research in Business and Economics},
  volume = 2018,
  pages = 16,
  doi = 10.5171/2018.145385,
  abstract = {Abstract
 Globalisation has brought many positive and negative phenomena for the entrepreneurship, society and its citizens. One of them is taxation. Has this phenomenon caused positive or negative consequences for the taxpayers or the country’s public finance? The answer is very complicated, which is obvious as the Common consolidated corporate tax base (CCCTB) has not been finalised yet, this ongoing problem was deferred for solving to the future. Professional and political voices for continuation in accomplishing this agenda are reviving, the process how to carry on has commenced again. In October 2016, the European Commission proposed to re-launch the CCCTB agenda. Economists share different opinions on coping with tax problems. The corporate taxpayers strive to minimize their tax liabilities as much as possible, or not to pay taxes at all. This situation results in the shortage of financial resources for the state budget. These resources are difficult to replace in public financing projects.  But the EU guarantying free movement of goods and services, labour force and capital encourage indirectly or makes it even easier for corporations to transfer their profit into the states with lower or zero tax rates in order to avoid tax liability or reduce it. The objective of this scientific paper is to clarify existing tax competition trends and highlight forms of investment regional aid - tax relief or tax holidays offered by Slovak government; thereby tax stimuli provided by the state represent an official, legal instrument for enhancing the business’ competitiveness. No doubts when do the investors evaluate and analyse business environment of their targeted investing destinations they must pay attention to the tax system of a particular state.
 },
  keywords = {tax rates, tax exemption, tax relief, tax competition},
  note = Article ID: 145385
}