The OECD has more than doubled the number of countries that will participate in the second round of a voluntary pilot program that gives multinationals tax certainty.
International Compliance Assurance Programme (ICAP) 2.0 was launched during the Organization for Economic Cooperation and Development Forum on Tax Administration Plenary in Santiago, Chile, from March 26 to 28.
- The ICAP 2.0 increased its participating countries to 17 members from the eight named in January 2018.
- The program aims to increase tax certainty for multinational companies engaging in cross-border transactions.
- The tax certainty provided through the pilot is less than...