Global issues & trends
The International Chamber of Commerce (ICC) is bringing the voice of business at the World Trade Organization’s (WTO) negotiations for the use of electronic commerce (e-commerce).
A total 842 cases were administered by the International Court of Arbitration of the International Chamber of Commerce in 2018 – the second highest total of registered cases ever – according to the latest figures released by ICC today.
The International Chamber of Commerce (ICC) Banking Commission has released its 2018 Trade Register report – again highlighting the low risk nature of trade finance in comparison to other asset classes.
Since the platform’s launch, representatives from more than 50 businesses, 14 think tanks, and 6 multilateral organisations participated in the debates.
Several factors contribute to the wide-scale proliferation of counterfeit and pirated products in Vietnam.
Above all, the ICC guidance stipulates that an efficient VAT regime ensures certainty, neutrality, simplicity, and cost effectiveness for both business and tax administrations.
ICC and the global business community can – and must – do more as a force for good in the world.
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.
Tax cooperation among participating members of the Belt & Road Initiative is a welcome development to avoid inconsistencies among national governments.
ICC believes that open markets and the free flow of data will help digital innovators flourish, especially SMEs, who face market barriers due to their limited resources.
As the world business organization, ICC has proposed a framework of internationally established tax principles for consideration by policymakers and legislators around the world.
ICC, ACC, ICLA and he USCIB has welcome the announced approval of the International Competition Network (ICN) Framework for Competition Agency Procedures (CAP), as an encouraging step towards a more sound and fair competition enforcement across the globe.
