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Digital transformations and technologies should be seen as an aid and not a hindrance to fair and efficient tax systems, argued participants at an international tax conference in Munich, Germany.
Recent months have seen governments around the world lay out proposals for taxing the digital economy. ICC recommends that any measures be developed on the basis of international tax rules and seek an alignment with global efforts.
A major international tax conference which took place in Munich last week, was a prime opportunity to set the business agenda and discuss key policy issues, with a view to facilitating cross-border trade and investment.
A multilateral convention signed on 7 June 2017 at the Organisation for Economic Co-operation and Development (OECD) in Paris, France will swiftly implement a series of tax treaty measures as a result of negotiations involving more than 100 countries and jurisdictions.
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.
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.
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 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.
