Restrictions on the outsourcing of accounting and book-keeping activities

Supporting open trade and free movement of capital, ICC opposes protectionism and distortion of competition by means of taxation and supports international cooperation to create a fair and unbiased system governing international tax relations.

The present economic climate increasingly forces multinational enterprises to outsource their accounting activities to achieve optimum quality at competitive cost. The outsourcing of such activities across borders should not be prevented or restricted, provided that the accounts can be made available to the (tax) authorities in a satisfactory manner.