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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.
Determining how to best mobilise public funds is essential for sustainable development—particularly for developing countries. A holistic approach to tax policy, centred on economic growth, is key.
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.
In response to a growing lack of trust between multinational companies and the general public over tax matters, ICC has released a new set guidelines on tax principles as business seeks to publicly commit itself to international standards of transparency and cooperation.
ICC welcomes the Organization for Economic Co-operation and Development’s (OECD)’s release last week of a multilateral convention which allows for swift implementation of a series of tax treaty measures encompassed in the OECD/G20 Base Erosion and Profit Shifting (BEPS) project.
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.
The International Chamber of Commerce (ICC) welcomes the recent European Union (EU) initiative to make the European market more efficient by reducing tax distortions and compliance costs.
ICC Brazil will host its first Taxation Roundtable under the auspices of the ICC Taxation Commission on the 21st October 2011 in Rio de Janeiro, Brazil.
The United Arab Emirates (UAE) is set to implement the ATA Carnet System starting 1 April, bringing to 69 the number of countries using this international system, reducing paperwork and costs for businesses travelling with goods.
Theo Keijzer, Chairman of the ICC Commission on Taxation, today underlined the need to remove the apprehensions of international business regarding the "uncertainty and instability" of the Indian tax system caused by mark ups and the retroactivity in the tax system.
