5 12, 2016

ICC welcomes adoption of OECD Multilateral Convention

2016-12-06T15:25:06+00:00 December 5th, 2016|News, Taxation|

Paris, 5 December 2016 The International Chamber of Commerce (ICC) welcomes the Organisation 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. The release follows the conclusion [...]

1 09, 2016

EC ruling renews concerns over BEPS consensus and rise in tax disputes

2016-11-18T11:47:44+00:00 September 1st, 2016|News, Taxation|

Paris, 01 September 2016 The International Chamber of Commerce has expressed concern about the possible broader implications of this week’s European Commission (EC) ruling against Apple over Irish taxation rules. Having continuously raised the need for effective dispute resolution mechanisms following the publication in October 2015 of the Organisation for Economic Co-operation and Development (OECD) [...]

30 05, 2016

ICC urges consideration of broader trade implications of tax policies in response to BEPS recommendations

2016-11-16T11:49:57+00:00 May 30th, 2016|News, Taxation|

The International Chamber of Commerce (ICC) recognizes the efforts of an increasing number of tax authorities to revise their tax policies in response to the international guidelines outlined in the G20 mandated Organisation for Economic Co-operation and Development (OECD) Base Erosion Profit Shifting (BEPS) project. ICC urges national governments to seriously consider the broader implications [...]

14 04, 2016

ICC responds to the European Commission’s latest proposal for public disclosure of tax data

2016-11-16T11:49:59+00:00 April 14th, 2016|News, Taxation|

The International Chamber of Commerce (ICC) has highlighted a number of potential concerns regarding new European Commission’s proposals that would require multinational companies to publicaly disclose their earnings and tax bills in the European Union. The latest version of the Commission's proposal on country-by-country (CbC) reporting would require large companies to publish tax data for [...]

16 03, 2016

ICC cautions against new EC measures that go beyond the scope of international tax guidelines

2016-11-16T11:50:00+00:00 March 16th, 2016|News, Taxation|

The International Chamber of Commerce (ICC) has expressed concern at a European Commission (EC) move to implement rules on the exchange – and possible public disclosure – of multinational company tax information that go beyond international guidelines set out in the Base Erosion Profit Shifting (BEPS) plan of the Organisation for Economic Co-operation and Development [...]

1 03, 2016

ICC welcomes OECD’s plan to include developing countries in implementation of BEPS

2016-11-16T11:50:01+00:00 March 1st, 2016|News, Taxation|

The International Chamber of Commerce (ICC) welcomes the Organisation for Economic Co-operation and Development’s (OECD) plan to allow all countries to participate on an equal footing with the OECD and G20 countries in the implementation of the OECD/G20 Base Erosion and Profit Shifting (BEPS) plan. The framework announced by the OECD early last week was [...]