Taxes and taxation, tax harmonisation

The extension of the economic and trading connections and the cooperations of countries, also new foreign investments and international companies and the fact that the businesses are more international encouraged the developed capitalist countries to make steps forward to the harmonisation of the accounting information basis and the data content of the annual financial reports in order to a better compatibility of the data.. The objectives of the tax harmonisation of different countries are to minimise the distortions of the common market and the losses of the budgetary revenues, and to establish a governmental institute to support human politics.