On October 19, 2017, TEI filed a letter with the Platform for Collaboration on Tax, a joint initiative of the World Bank, OECD, International Monetary Fund, and United Nations, regarding the Platform’s draft toolkit on the taxation of offshore indirect transfers. TEI’s comments focused on the need for the Platform’s toolkit to educate and provide options to nations considering taxing offshore indirect transfers, rather than prescribing a preferred approach, among other things. TEI comments were prepared under the aegis of the European Direct Tax Committee, whose chair is Giles Parsons. Ben Shreck, TEI Tax Counsel, coordinated the preparation of TEI’s letter.
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