It examines global or international fiscal problems, as well as issues that arise within national tax administrations. The Commission’s mandate includes both direct taxes (income and corporation tax) and indirect taxes (VAT and GST).

Current policy working areas include:

• Providing international business input to the work of the United Nations Committee of Experts on International Cooperation in Tax Matters
• Finalizing a policy statement on transfer pricing and customs value together with the Committee on Customs and Trade Regulations
• Contributing business views to the work of the Organisation for Economic Co-operation and Development (OECD) on value-added tax on services and intangibles, together with the Business and Industry Advisory Committee to the OECD (BIAC)
• Working, together with the ICC Commission on Environment and Energy, on a set of principles of Environmental Taxation
• Addressing the problem of tax transparency, as well as domestic resource mechanisms
• Promoting ICC policy on anti-avoidance measures and limitations of deductions of interests payments