The International Chamber of Commerce has expressed concern about the possible broader implications of this week’s European Commission (EC) ruling against Apple over Irish taxation rules.
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The International Chamber of Commerce has put forward a set of business recommendations to help leaders of the world's major economies prepare for discussions on the world’s most pressing economic policy challenges at next month's G20 Summit taking place Hangzhou, China.
The International Chamber of Commerce (ICC) is pleased to welcome Brazil as the 76th member of the ATA Carnet system. The ATA Carnet is an international customs document that allows duty- and tax-free temporary admission of goods into a country.
The International Chamber of Commerce (ICC) has commended the European Commission (EC) for achieving a compromise on the European Anti-Tax Avoidance Directive of the European Union (EU) Finance Ministers following last Friday's meeting, but has underscored the need for an alignment of tax systems.
ICC urges consideration of broader trade implications of tax policies in response to BEPS recommendations
The International Chamber of Commerce (ICC) recognizes the efforts of an increasing number of tax authorities to revise their tax policies in response to the international guidelines outlined in the G20 mandated Organisation for Economic Co-operation and Development (OECD) Base Erosion Profit Shifting (BEPS) project.
The International Chamber of Commerce (ICC) has highlighted a number of potential concerns regarding new European Commission’s proposals that would require multinational companies to publicly disclose their earnings and tax bills in the European Union.
The International Chamber of Commerce (ICC) has expressed concern at a European Commission (EC) move to implement rules on the exchange of multinational company tax information that go beyond international guidelines set out in the Base Erosion Profit Shifting (BEPS) plan of the OECD and G20.
The International Chamber of Commerce (ICC) welcomes the Organisation for Economic Co-operation and Development’s (OECD) plan to allow all countries to participate on an equal footing with the OECD and G20 countries in the implementation of the OECD/G20 Base Erosion and Profit Shifting (BEPS) plan.
The largest business association in the world welcomes OECD recommendations on most fundamental reform of global tax system in a century but notes significant challenge ahead to ensure rules are implemented in a coherent and coordinated fashion—including with non-OECD countries.
ICC has welcomed a new World Customs Organization’s (WCO) Guide to Customs Valuation and Transfer Pricing which includes ICC proposals for more coherent tax and customs revenue collection.