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Enlargement of the European union - transitional guidance.

Publication: Tax Executive
Publication Date: 01-NOV-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Letter Submitted by TEI International President David L. Bernard on October 10, 2006, to Alexander Wiedow, Director of Indirect Taxation and Tax Administration of the European Commission.

On behalf of Tax Executives Institute, I am pleased to provide comments from a tax perspective on the...

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...practical implications of the accession of Romania and Bulgaria into the European Union. I am also writing to recommend that the European Commission (EC) take steps to ameliorate the significant administrative burdens enlargement will impose on businesses during the transitional period preceding and following the accession.

TEI Background

Tax Executives Institute was founded in 1944 to serve the professional needs of business tax professionals. Today, the organization has 53 chapters in North America, Europe and Asia. As the pre-eminent international association of business tax professionals, TEI has a significant interest in promoting tax policy, as well as in the fair and efficient administration of the tax laws, at all levels of government. Our 6,000 members represent 2,800 of the largest companies in the United States, Canada, Europe, and Asia. In 1999, TEI chartered a chapter in Europe, which today encompasses a cross-section of European and multinational companies. TEI members are accountants, lawyers, and other corporate and business employees responsible for the tax affairs of their employers in an executive, administrative, or managerial capacity. The Institute espouses organisational values and goals that include integrity, effectiveness and efficiency, and dedication to improving the tax system for...

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