Level Playing Field

Level Playing Field means:
to reduce, by means of tax policy, the differences in marginal or effective corporate tax rates between the least and the most favored industries or between the United States and foreign competitors.

U.S. and other Developed Countries International Tax Meaning

This term denotes to reduce, by means of tax policy, the differences in the taxation of internationally mobile entities or transactions allowing countries to compete fairly on non-tax factors.

See Corporate Tax in the U.S. Legal Encyclopedia and Corporate Tax in the International Legal Encyclopedia.

See Fiscal Policy in the United States Encyclopedia and Fiscal Policy World Encyclopedia.

See Tax Rate and Tax Rate.