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26 June 2018

Will closer cooperation bring more tax certainty?

Businesses today find themselves facing an elevated tax risk landscape due to globalization, digitalization, and new transparency and anti-profit shifting initiatives. A new tool developed by the OECD, International Compliance Assurance Programme (ICAP), a tax risk pilot project designed to be an effective and internationally coordinated way to review the activities and transactions of multinational enterprises while quickly isolating areas of risk requiring further attention, aims to lessen some of that uncertainty. Paul Mulvihill, Ernst & Young LLP Canada’s Transfer Pricing Controversy Leader provides insight.

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Document ID: 2018-5805

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