The International Chamber of Commerce (ICC), Business at OECD (BIAC), and BusinessEurope, co-hosted an international tax conference to discuss the proposed approaches for addressing the challenges posed by digitalisation.
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The International Chamber of Commerce [ICC] has published a policy paper on co-operative compliance and issued recommendations on Accredited Tax Payers (ATPs) to improve trust and create confidence in tax systems.
In an era of unprecedented digital transformation, taxation of the digitalised economy is a leading topic on the global tax agenda.
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.