The International Tax Conference jointly hosted by the International Chamber of Commerce (ICC), Business@OECD and BusinessEurope last week highlighted how a consistent global tax system is essential for business and will foster cross-border trade and investment.
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ICC and the Organisation for Economic Co-operation and Development (OECD) have signed a Memorandum of Understanding (MOU) to strengthen cooperation in areas of mutual interest in order to promote sustainable economic growth, revive global trade and advance the transition to a green economy.
ICC has today called on governments to “get smart” in how they use carbon pricing instruments to accelerate the transition to a net-zero economy at the lowest possible economic cost.
ICC has responded to a decision taken today by G20 Finance Ministers to endorse the agreement broached by 136 members of the Organisation for Economic Cooperation and Development (OECD) Inclusive Framework last week, calling for rapid clarity regarding the application and implementation of the proposed rules to address the tax challenges of the digitalisation of the economy.
ICC has announced the election of two new members to its 28-member Executive Board.
ICC has welcomed the decision taken by G20 Finance Minister’s to endorse the preliminary agreement by the OECD Inclusive Framework to modernize the global taxation system — but cautions that coordinated implementation of the agreement will be vital to avoid placing unnecessary burdens on cross-border trade and investment.
ICC Secretary General John W.H. Denton AO has issued a statement in reaction to a G7 deal on taxation.
ICC has issued the following statement in response to the conclusion of today’s G20 Finance Ministers meeting.
ICC has welcomed the opportunity for further business engagement to address taxation challenges relating to the digitalisation of the economy but calls for increased collaboration to achieve global consensus agreement. The call follows the Organisation for Economic Co-operation and Development’s (OECD)’s update on international tax negotiations this week.
The International Chamber of Commerce (ICC) has appointed three new Vice-Chairs to the ICC Commission on Taxation.