On corporate taxation, national governments are trapped in a race to the bottom. As technology becomes more important to all sectors of the economy, the factors that create economic value — intellectual property, software, computing power — become more mobile. Each country, hoping to retain and attract jobs and investment, adjusts tax policy to attract these intangible (or at any rate mobile) assets. But the situation is unstable: there always seems to be another country ready to undercut whoever is currently offering companies the sweetest deal.
就企业税收而言，各国政府陷入了“逐底竞争”(race to the bottom)。随着技术对于所有manbetx20客户端下载 领域变得越来越重要，创造manbetx20客户端下载 价值的各个要素——知识产权、软件和计算能力——变得更具流动性。希望留住和吸引就业和投资的每个国家都会调整税收政策，以吸引这些无形（或者具有任何流动性的）资产。但局面并不稳定：无论现在哪个国家为企业提供最优惠的条件，似乎总有另外一个国家随时愿意提供更优惠的条件。