Tax-neutrality

Tax-neutrality

Characteristic that taxes do not interfere with the natural flow of capital toward its most productive use.
References in periodicals archive ?
The Island offers stability, independence and tax-neutrality, and robust, specialised regulation that acts as a quality filter, ensuring that funds comply with international regulations.
Separate taxation of the spousal income in this manner accomplishes marriage tax-neutrality without a complicated system of tax exemptions and credits.