The International Chamber of Commerce (ICC) has welcomed today’s publication of an Organisation for Economic Co-operation and Development (OECD) action plan, created in response to a request by the G20, which identifies a set of domestic and international actions to address the problems of base erosion and profit sharing.
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The ICC Commission on Taxation has released a handbook to help taxation professionals keep pace with the latest developments in the world of international taxation.
Governments must deliver on pledge to work with business to stem unlawful tax avoidance, ICC tells Russian minister
As debate intensifies on the issue of international tax avoidance, ICC has stressed the critical importance of distinguishing between fraudulent practices and the use of justifiable and fully sanctioned methods such as tax planning and tax optimization.
ICC has been selected to participate in a newly created platform established by the European Commission (EC) as part of its concerted drive against tax evasion and avoidance.
A biannual meeting of the ICC Commission on Taxation, which took place in Paris yesterday, welcomed new Vice-Chairs Christian Kaeser, Global Head of Tax for the Siemens Group and Chris Lenon, founder of Green Tax.
International members of the ICC Commission on Taxation and delegates from large Indian corporates and multinationals, including tax professionals, held important discussions today on the investment climate in India.
How and where multinational companies pay tax is a subject of intense debate and tension among countries and businesses.
Following the release of an ICC policy statement on the issue in May this year, the ramifications of Transfer Pricing and Customs Valuation on global business will be the focus of an ICC seminar to take place on 25 October 2012.
ICC held a seminar in Paris on 18 June addressing issues surrounding taxation and foreign investors in Italy, in response to growing concern from international taxation practitioners about Italy’s perceived aggressiveness in dealing with international tax matters.
Global business is concerned about recent developments in tax legislation in India, where retroactivity is adding a strongly negative connotation to the investment climate.