Individual territories – e.g. Estonia – of a larger economic area – e.g. the EU – set their tax rates for individuals or companies very low, or even forgo taxation altogether for a certain period of time. The aim of the measure is to promote the corresponding settlements. As a rule, it is expected that in the long run the current losses will be compensated by later tax payments of the attracted parties. – See tax haven, tax-cutting race.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/