TAX HARMONIZATION AND REGIONAL TRADE INTEGRATION IN THE ECONOMIC COMMUNITY OF WEST AFRICAN STATES (ECOWAS)
TAX HARMONIZATION AND REGIONAL TRADE INTEGRATION IN THE ECONOMIC COMMUNITY OF WEST AFRICAN STATES (ECOWAS)
Author(s): Isaiah Igbinosa OMOZUWA, Godstime Osarobo IKHU-OMOREGBE, Imuetinyan EguavoenSubject(s): National Economy, Economic policy, Fiscal Politics / Budgeting
Published by: Editura Universității „Dunărea de Jos”, Galați
Keywords: Economic Community of West African States; Regional Trade Integration; Tax Harmonization;
Summary/Abstract: This paper examined the nexus between tax harmonization and regional trade integration in the Economic Community of West African States (ECOWAS). It particularly looks at the issue of tax harmonization as it relates to regional trade integration, reviewing the main theoretical, empirical and policy issues and the state of play in the debate. Based on the review of the pertinent literature, tax harmonization promotes regional investment and trade. Such policy harmonization in tax regimes benefits member countries in a regional bloc as opposed tax competition that distorts trade, business and investment. The paper recommends that institutional reforms be implemented to harmonize and coordinate tax in order to engender greater regional trade and investment in the ECOWAS sub-region.
Journal: Public Administration & Regional Studies
- Issue Year: 16/2023
- Issue No: 1
- Page Range: 87-98
- Page Count: 12
- Language: English