Doing Business Should Stop Promoting Tax Competition
The World Bank Group recently released Doing Business 2017: Equal Opportunity for All, the latest version of its flagship report, which encourages countries to reduce regulatory burdens on the private sector. But there is a serious flaw in the report’s formula: its treatment of corporate taxation.
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NEW YORK – The World Bank Group has just released Doing Business 2017: Equal Opportunity for All, the latest version of its flagship report. According to the Bank, the annual report is one of the world’s most influential policy publications, as it encourages countries to reduce the regulatory burden on the private sector. But there is a serious flaw in the report’s formula: the way it treats corporate taxation.