Tax harmonization
Term · Insurance and risk management · MLC-T-INS-003282
The process of aligning tax systems and policies across different jurisdictions, often within a common economic area, to reduce distortions and facilitate cross-border trade and investment. In insurance, tax harmonization can impact how premiums are taxed, how reserves are treated, and how cross-border insurance services are regulated. The European Union has pursued tax harmonization initiatives to create a more integrated market.
| Identifier | MLC-T-INS-003282 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003282",
"term": "Tax harmonization",
"field": "Insurance and risk management",
"definition": "The process of aligning tax systems and policies across different jurisdictions, often within a common economic area, to reduce distortions and facilitate cross-border trade and investment. In insurance, tax harmonization can impact how premiums are taxed, how reserves are treated, and how cross-border insurance services are regulated. The European Union has pursued tax harmonization initiatives to create a more integrated market.",
"url": "https://mlchart.com/terminology/insurance/tax-harmonization/"
}
Record 3,370 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.