TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Public Consultation meeting on the Secretariat Proposal for a ‘unified approach’ under Pillar One

Under the auspices of CCAB-I, the Institute responded to the OECD Secretariat’s proposal for a ‘unified approach’ to taxing the digital economy under Pillar One. In our response we called for:

  • Clarification on scope and thresholds;
  • Profit allocation to also benefit countries with smaller economies;
  • For consideration to be given to losses; and
  • For the implementation of binding and effective dispute resolution mechanisms.

The Institute attended the public consultation meeting at the OECD headquarters at the end of November. This meeting focused on the key questions identified in the consultation document and issues raised in the written submissions received by judications in the Inclusive Framework. The Institute represented members views which are contained in CCAB-I’s written submission. Replays of the meeting are available on OECD TV (21/22 November 2019). The public comments on the consultation document and presentations given on the day are also available.