Friday, June 11, 2021
Colombia Joins OECD’s Worldwide Compliance Assurance Program (ICAP)
The Worldwide Compliance Assurance Programme (ICAP) is a voluntary threat evaluation and assurance programme to facilitate open and co-operative multilateral engagements between MNE teams and tax administration in jurisdictions the place they’ve actions. Colombia will begin collaborating in September 2021.
TAX ADMINISTRATIONS PARTICIPATING IN ICAP
The tax administrations collaborating in ICAP are listed under. This listing will probably be up to date as additional tax administrations verify participation within the programme.
- Australia
- Austria
- Belgium
- Canada
- Colombia
- Denmark
- Finland
- France
- Germany
- Eire
- Italy
- Japan
- Luxembourg
- Netherlands
- Norway
- Poland
- Russia
- Singapore
- Spain
- United Kingdom
- United States
WHERE TO FIND OUT MORE
Along with the ICAP Handbook, additional info on the tax administrations collaborating in ICAP could be discovered on this database (.xlsx). Questions in regards to the programme may be directed to icap@oecd.org.
ICAP AWARENESS SESSIONS
In March and April 2021, the OECD held two consciousness classes for MNEs keen to study extra in regards to the programme. Obtain the supporting presentation (PDF) used throughout these classes.
ICAP FREQUENTLY ASKED QUESTIONS
A listing of ceaselessly requested questions from MNE teams can be found.
Discover out extra in regards to the OECD work on:
ICAP HANDBOOK
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The Worldwide Compliance Assurance Programme: Handbook for tax administrations and MNE teams accommodates info on the method for ICAP reflecting the expertise and suggestions of tax administrations and MNE teams that participated in two pilots for the programme, commencing in 2018 and 2019. The handbook features a detailed description of every stage of the ICAP course of, the documentation and knowledge an MNE group collaborating in ICAP will present, the extent of consolation they could obtain on account of participation within the programme, and a comparability of ICAP with different attainable routes to higher tax certainty.
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