Skip to main content
Taxes

Level playing field

Tax equalization is a strategy used by countries to minimize discrepancies in the taxation of mobile entities or transactions. This ensures fair competition among nations based on factors other than taxes. Essentially, it aims to create a level playing field for businesses operating across borders. This approach is often seen as a way to promote economic growth and prevent tax evasion. By eliminating tax advantages, tax equalization promotes fairness and transparency in the global economy.

Related terms

Tax burden

Understand the meaning and definition of Tax burden in the context of stock market, trading, and investments.

MORE
Self-assessment

Understand the meaning and definition of Self-assessment in the context of stock market, trading, and investments.

MORE
Tax expenditure

Understand the meaning and definition of Tax expenditure in the context of stock market, trading, and investments.

MORE
Loss relief

Understand the meaning and definition of Loss relief in the context of stock market, trading, and investments.

MORE
Constructive dividend

Understand the meaning and definition of Constructive dividend in the context of stock market, trading, and investments.

MORE
Round trip transaction

Understand the meaning and definition of Round trip transaction in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91