On August 19, TEI submitted comments regarding the Organisation for Economic Co-operation and Development’s Draft User Guide for the Global Anti-Base Erosion Model Information Return XML Schema.
TEI’s comments emphasized the need for information return exchange agreements, a uniform XML schema and filing portal, and a secondary filing mechanism, among other things.
TEI’s comments were prepared under the aegis of its EMEA Direct Tax Committee and were led by Ralf Thelosen of Citco. Benjamin R. Shreck, TEI tax counsel, coordinated the preparation of TEI’s comments. Read the comments here.