Recently, governments' policymakers have observed how export oriented foreign firms previously established in their region have decided to move to countries in completely different areas of the world. An example comes from Mexico, where firms decided to relocate to China, Czech Republic, Malaysia, and Thailand. Policymakers concluded that among several factors affecting FDI inflows, corporate tax rates appear to be not competitive. Hence, could it be possible that policymakers in China, Czech Republic, or Malaysia have observed that corporate taxes represent a factor towards increasing competitiveness, and given the high mobility of capital of these days, they have embarked on a corporate tax competition to attract internationally mobile firms. Is it possible that Mexico, China, and Czech Republic could be presenting a degree of corporate tax competition to attract FDI? Does corporate tax competition among countries from far away geographical regions of the world occur? Thus, the aim of this book is to evaluate the possibility of a global corporate tax competition. The book is addressed to professionals in public finances, research economists, policymakers and graduate students.

Rene Rendon-Garza, Ph.D. in Economics specialized in public finance. Currently working as Director of Public Investment Projects at Mexico's Ministry of Finance. In the Federal Government he also worked as Deputy Director of Multilateral Affairs with Latin America and at the private sector as analyst and researcher for economic consulting offices.