Road Map for E-Commerce Taxation by the International Chamber of Commerce (ICC)

The International Chamber of Commerce (ICC) is a world business organization that promotes and enforces fair trade and international economic development. It has enacted self-regulatory codes on different business areas, including e-commerce and published policies, action plans, and guidelines on various aspects on e-commerce. The ICC has also touched upon the tax consequences of e-commerce transactions and suggested various guiding principles. ICC policies have served as the foundation for a major business coordination effort toward electronic commerce.

The following questions have been addressed in this article:

What are the various recommendations proposed by the ICC for increasing e-commerce taxation revenues?
What is the position taken by the ICC on electronic documentation of tax requirements?
What are the various steps undertaken by the ICC for the development of e-commerce?


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