OECD Intermediaries Study: ICAI Responds
The GAA (Global Accounting Alliance) of which ICAI is a member, has made a submission to the OECD questioning attempts by Revenue authorities to increase the burden of tax compliance risks on accountants.
The submission focused on the following:
- Existing Legal Frameworks;
- Risk Assessment and Classification of Firms of accountants by Revenue;
- Commercial Considerations for accountants
The GAA is an alliance of leading professional accountancy bodies in significant capital markets. Its combined membership exceeds 700,000 qualified and regulated accounting professionals worldwide.
A copy of the submission is available at Section 2.01.