How the OECD May Be Delivering Tax Comfort, If Not Tax Certainty, through ICAP

Abstract

As members of the OECD Inclusive Framework and MNEs seek to nail down the final details on Pillar One – in which producer nations cede some taxing rights in exchange for greater “tax certainty” – the OECD is expanding an existing programme for achieving some measure of tax certainty. In the latest Talking Points, Khrystyna Knygynytska discusses how the OECD’s International Compliance Assessment Programme (ICAP) enables MNEs and tax administrations to achieve some measure of tax comfort, if not tax certainty, now.