End EU-Wide Harmonization of Corporate Tax Policy

State competition not harmonization.

Proposal: Turn corporate tax harmonization on its head by introducing tax competition between member states.

• How:

• Abandon efforts to create an EU-wide corporate tax rate.

• Encourage member states to compete for businesses by lowering rates and simplifying tax codes.

• Prohibit punitive measures, such as “minimum tax” rules that penalize low-tax jurisdictions.

• Outcome: Attract global businesses to Europe and encourage innovation as states vie to create the most business-friendly environments.