Publication

This paper discusses the rift in US-European relations due to the OECD's tax competition project. The author also details the general importance of tax evasion and avoidance as a policy issue in the 21st century. The paper explains that the US resistance to the OECD-backed taxation proposal constituted yet another instance of the souring relations between the United States and Europe and made a small but damaging contribution to the collapse of European confidence in US political leadership.