What will happen in France if tax competition becomes intense in Europe?

After crises, companies seek to rapidly improve their financial situation. In particular, they prefer production locations where the corporate tax burden is lowest. This raises the question of what would likely happen in France if tax competition between European countries became intense. One has to look at: Tax on earnings; Production taxes; Corporate social contributions; And possibly also the taxation of shareholders, which influences the cost of capital in countries . Strong tax competition in Europe would require corporate tax cuts totalling 6 percentage points of GDP in France, which is considerable and would create a huge public finance problem.