Harmful tax competition
Prepared by the ICC commission on :
Taxation
Publication date : 10/05/2000 | Document Number : 180/447
The International Chamber of Commerce has noted with great interest that the UN Ad hoc Group of Experts on International Cooperation in Tax Matters discussed during its Ninth Meeting, held in New York from 3-7 May 1999, the topic of "Exchange of Information".
According to a summary of these discussions, it was recognized that this
topic is very closely related to the issue of what has become known as
"harmful tax competition" and especially to the Report issued in 1998 by
the OECD on this subject. The OECD Report "Harmful Tax Competition - An
Emerging Global Issue" and the work currently being undertaken by the
OECD Forum on Harmful Tax Competition (which was constituted on the
basis of the Report) has given rise to much debate, scrutiny and
criticism by the world at large but also within the business community
represented by ICC.
For further information, please contact
Camilla PAGNETTI
Policy Manager , Custom & Trade Regulations
Tel:
+33 (0)1 49 53 28 53
camilla.pagnetti@iccwbo.org