Some considerations on capital mobility in the European Union: mechanisms to avoid the fiscal distortions

The increase of economic internationalisation has caused the increase of international direct inversions. This has caused an increase in international double tax problems. For this reason, states and organisations have developed mechanisms of tax coordination to elude the distortions in the investment that have originated through the tax variable. The main objective of this paper is to analyse the developments in the European Union international organisms to avoid double taxation of income capital and in international direct investments. Using these instruments it is possible to avoid double taxation and improve investment efficiency at international level.capital mobility; capital taxation; double taxation; harmonisation; European Union; fiscal distortion; tax coordination; income capital; international direct investment; investment efficiency; fiscal policy.