International Chamber Of Commerce's (ICC)Views on Direct and Indirect Taxes on E-Commerce Transactions

The Commission of Taxation is one of the major departments of the International Chamber of Commerce (ICC). The Commission analyzes developments in international fiscal policy and legislation and puts forward guidelines and principles of self regulation in international tax policy and legislation. To deal with the growing complexities in e-commerce taxation, the Business and Industry Advisory Committee and the Commission of Taxation published a joint paper on e-commerce tax issues. In this paper, the ICC has recommended several guidelines on direct and indirect taxation of e-commerce transactions.

The following questions have been addressed in this article:

What is the position taken by the ICC on the concept of permanent establishment?
How is the transferring of digitized information through electronic medium taxed?
What are the guidelines proposed by the ICC on consumption taxes on e-commerce transactions?

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