Published: 28 March 2019
Download the report (PDF)
The International Compliance Assurance Programme (ICAP) is a voluntary risk assessment and assurance programme to facilitate open and co-operative multilateral engagements between MNE groups willing to engage actively and transparently and tax administrations in jurisdictions where they have activities. By co-ordinating conversations between an MNE and multiple tax administrations, ICAP supports the effective use of transfer pricing documentation, including the MNE’s country-by-country report, providing a faster, clearer and more efficient route to improved multilateral tax certainty. Looking forward, ICAP should reduce the resource burden on both MNEs and tax administrations and mean fewer disputes requiring resolution through mutual agreement proceedings.
This handbook contains information on the process for a second ICAP pilot, announced at the 12th meeting of the OECD Forum on Tax Administration, held in Santiago, Chile on 26-28 March 2019. This builds on a first ICAP pilot, which commenced in January 2018, and reflects the experience and feedback of tax administrations and MNEs participating in the programme. This handbook is a working document and its content will be further revised based on experiences gained in the current pilot.