New initiatives to increase transparency in taxation, such as exchange of bank account and other financial information, country by country reporting in annual reports and transfer pricing, mandatory tax planning disclosure for taxpayers and their advisers and exchange of tax rulings, will give tax administration increased access to taxpayers´ data and provide tools for risk assessment, targeting tax audits and countering tax avoidance.
We would like to inform you about the upcoming international conference “Taxes without borders” which is organized by the Czech and the Polish Chamber of Tax Advisers in co-operation with several German chambers. The conference will be held on 9-10 October 2015 in Prague.
As the BEPS project proceeds to completion, it is crucial that companies, their tax advisers and tax administrations are aware of the implications of the new international framework grounded on transparency, multilateral cooperation and information exchange, and the new world that awaits us all.
The conference will analyse the current state of international business taxation and discuss recent initiatives aiming to increase the transparency of corporations’ taxation and combat tax avoidance.