Governments of the home countries of foreign investors could help prevent such tax competition by taxing profit remittances from FDI at a higher rate than domestic profits while deducting from the tax charge the typically much lower taxes already paid on the corporate profit in the host country. Taking into account the large differences in unit labour costs between the home and host countries, this could be done in such a way that the profits of the foreign investors from their production in the developing country would still be a multiple of those that would result from the production of the same goods at home. For this purpose, the current United Nations Committee of Experts on International Cooperation in Tax Matters could be made into a truly intergovernmental body.