Tax havens fuel global tax competition, impacting fiscal policies worldwide.
The article explores the connection between tax competition and tax havens in the world and Turkey. Tax haven countries are places where people and businesses pay less tax to benefit from public services. These countries are often used for financial activities, leading to competition between nations. The study discusses how lower tax rates in tax havens affect fiscal policies. It also looks at efforts to combat tax competition and tax havens globally and in Turkey.