Global Tax Committee Content

The Australian Treasury is seeking comments on an updated proposal to require large multinational enterprises (MNEs) to publicly report selected tax items on either a country-by-country (CBC) or aggregated basis.

Attached for your review is a draft letter with recommendations to address the global regulated fund industry's outstanding tax issues, in priority order for consideration in India's 2024 Union Budget. Below are the specific recommendations, many of which have been raised in prior ICI...

The Multilateral Convention (MLC) for "Amount A" of "Pillar One"—announced recently by the Organisation for Economic Co-operation and Development (OECD)— includes the ICI's recommendations for ensuring that asset managers qualify for the regulated financial services exception. Pillar...

The ICI crafted and submitted the attached letter in coordination with the Investment Association to the European Commission re the recently proposed Council Directive (known as "FASTER") for improving tax treaty relief on cross-border investments. The proposed FASTER directive...