The UK is committed to ensuring that fair tax competition is allowed to flourish.

英国承诺要确保公平税收竞争的发展繁荣。

But exchange of information and transparency alone are not sufficient to allow fair tax competition to flourish.

但仅信息交换和透明度还不足以使公平的税收竞争发展繁荣。

I see no contradiction between taking effective action against abuse and harmful tax competition and building a dynamic economy.

在我看来，针对滥用有害税收竞争采取有效措施和建立动态经济并不冲突。

But the crucial point is that tax competition isn't bad in its own right.

但是关键是，税收竞争本身并不是坏事。

But the dream of ending tax competition by putting a worldwide floor under the permissible levy on profits-even supposing this were possible-is not.

但是，即使假设这是可能的，通过在利润上设定全球最低税收限制来结束税收竞争的梦想也是不现实的。