Coordination and Prospect of EU Corporate Income Tax

The unified European market supplies enough space for free movement of capital, while tax competition between members undoubtedly results in capital moving into members with lighting tax burden. This will do harm to the whole economic benefit of EU. Since 1960’s EU started to coordinate corporate income tax, while 40 years past, the coordination still gets along slowly. The essay deals with the coordination of corporate income tax, probes into the motivation and the course, then explores the difficulties, in the end figures out the future.