ABSTRACT
In this chapter, the initial focus continues to be on NTBs as obstacles to the creation of a SEM. The discussion opens with a consideration of the problems posed by indirect taxes. In the second part of the chapter, the spotlight shifts to a consideration of the way fiscal factors may also distort the flow, not of goods and services, but of factors of production-specifically capital. The discussion rounds off with a brief account of fiscal measures introduced to facilitate cross-frontier business organizations.
