ICC Commission on Taxation
Promote transparent and non-discriminatory treatment of foreign investment and earnings that eliminates tax obstacles to cross-border business transactions.
With over 130+ members from tens of countries, the commission provides for a global forum comprising taxation specialists from all sectors of business and private practice, including representatives from some of the world’s leading companies and tax consultancy firms, representing a wide range of national backgrounds and business representative organizations.
ABOUT THE COMMISSION
- Continue to advocate for coherent and coordinated local implementation of the G20/OECD Base Erosion and Profit Shifting Project (BEPS) outcomes to help establish a consistent global tax system (including consistency of principles, need for harmonization of international information exchange practices between tax authorities, and utilization of country-by-country documentation).
- Provide further views into G20/OECD follow-up deliberations—including further discussion drafts, the BEPS Multilateral Instrument to modify bilateral tax treaties and the Inclusive Framework to support implementation of the BEPS package in developing countries.
- In cooperation with the ICC Commission on Arbitration and ADR, play a leading role in the UN deliberations on effective tax dispute resolution mechanisms.
- Lead global business input into the work of the UN Committee of Experts in Tax Matters and its sub-committees—including on dispute resolution, royalties, and the taxation of technical services, with a view to ensuring that new proposals are implemented in a manner that best facilitates cross-border trade and investment.
- Promote ICC recommendations on transfer pricing, including the evolution of principles concerning the priority of traditional methodologies (such as profit splits or formulary apportionment), in relevant intergovernmental policy processes, including the OECD, the WCO, the UN and the G20.
- Continue to provide business input on indirect taxation from a global business perspective, including participation in the EU VAT Experts Group.
- Establish opportunities to support the endorsement of cooperative compliance by global tax authorities in order to enhance administrative efficiency.
- Develop a Charter of fiscal rights for international investors, notably on the basis of the ICC Guidelines for International Investment.
- Identify and promote opportunities for fostering growth and cross-border trade in the area of international tax policy.
The commission examines major policy issues of interest to world business. It analyses developments in international fiscal policy and legislation and puts forward business views on government and intergovernmental projects affecting taxation.
The commission’s observers include representatives of the International Fiscal Association (IFA), International Bar Association (IBA), the International Stock Exchange Federation (FIBV), the Business and Industry Advisory Committee (BIAC) to the Organisation for Economic Co-operation and Development (OECD) and BUSINESSEUROPE.
In order to engage business views and tackle issues related to international taxation, the commission also works closely with the above mentioned organizations including the United Nations Committee of Experts in Tax Matters.
For the time being there are no members nominated in this Commission from Albania.
- ICC Recommendations on Accredited Tax Payers (ATPs) (March 2019)
- ICC Policy Paper on Co-Operative Compliance (March 2019)
- ICC International Best Practices and Guidance on VAT Implementation (March 2019)
- ICC Policy Statement on Taxation Policy for the Digitalised Economy (March 2019)
- Final ICC comments on Platform Toolkit on Taxation of OITs (September 2018)
- ICC Comments on OECD Discussion Draft on Chapter VII of the Transfer Pricing Guidelines “Transfer Pricing of Financial Transactions” – BEPS Actions 8-10 (September 2018)
- ICC Tax Charter (July 2018)
- ICC Comments on OECD Discussion Draft Chapter IV of the Transfer Pricing Guidelines (June 2018)
- ICC Comments on the OECD discussion draft on the scope of the future revision of Chapter VII (intra-group services) of the Transfer Pricing Guidelines (June 2018)
- Tax and the United Nations Sustainable Development Goals (February 2018)
- ICC response to the European Union (EU) Consultation on the fair taxation of the digital economy (December 2017)