The United Nations has adopted Terms of Reference for a Framework Convention on International Tax Cooperation – a potentially significant step towards establishing new rules for cross-border taxation.
The International Tax Conference, jointly hosted by ICC, Business@OECD and BusinessEurope last week highlighted how a consistent global tax system is essential for business.
ICC calls for rapid clarity regarding the application and implementation of the OECD rules to address the tax challenges of the digitalisation of the economy.
Rocio Bermúdez (Repsol), Matthew Herrington (KPMG) and Tom Roesser (Microsoft)
Tax administrations have increasingly implemented cloud-managed services to collect data associated with business activities.
ICC has released a set of tax measures to support business continuity and minimise economic disruption caused by COVID-19.
ICC has today published a landmark paper calling on World Trade Organization (WTO) Members to permanently prohibit the imposition of tariffs on cross-border data flows
ICC has published an inaugural issues brief on World Trade Organization negotiations on the trade-related aspects of e-commerce.
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 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.
As European finance ministers convened on 4 December to decide on the proposed digital services tax (DST), ICC strongly recommended that any measures being considered be aligned with global efforts to ensure consistency and coherence and to avoid double and over-taxation.
