Estonia has the most competitive tax code in Europe – and the UK and Germany are surging while Italy stays in the doldrums, research by the Tax Foundation has found. In a report published on Monday, the US-based think tank cites Tallinn’s 20% rates on corporate and individual income, and a property tax that looks at land value rather than investment, as it awarded the Baltic nation top global position for the eleventh year running. “Capital is highly mobile. Businesses can choose to invest in any number of countries throughout the world to find the highest rate of return,” the report said, add…