Re: [tax] Draft Tax XML teleconference minutes

[Alex Fiteni <alex.fiteni@oracle.com>]

Indirect tax should be a key focus area.  The regulatory frameworks, 
frequent changes in legislation, as well as the extensive fiscal 
reporting requirements impact business operations more 'directly'.  
There is a higher  frequency of reporting and much larger volumes of 
information required to satisfy indirect tax compliance than corporate 
income tax compliance.  The latter tends to be much more complex in 
aggregate to meet.  

Alex
H.J.M. van Burg wrote:

>Peter,
>Thank you for the idea. I do not know if the indirect tax isn't a size to
>big for this TC right now, but if we can agree on something like that, it
>could be a great opportunity.
>The Charter does not prevent us from exploring that direction.
>
>Do others feel the same way?
>
>Harm Jan
>
>-----Oorspronkelijk bericht-----
>Van: Peter Horsburgh [mailto:peterhor@microsoft.com] 
>Verzonden: woensdag 5 maart 2003 0:18
>Aan: Michael.Roytman@vertexinc.com; tax@lists.oasis-open.org
>Onderwerp: RE: [tax] Draft Tax XML teleconference minutes
>
>To the group -- have you considered contacting the International Bureau
>of Fiscal Documentation http://www.ibfd.nl/about_ibfd/frameset_about.htm
>which is a non profit; with regards the establishment of a framework for
>the work elements of the TC? It's not entirely clear to me what the
>charter of the TC is - for example, it could be that the goal of the TC
>is to develop a taxonomy for (1) International transfer pricing and (2)
>indirect tax (collectively VAT, GST, Sales Tax)....taxation of the
>Internet -- this would surely peek the interest of potential
>participants and get the work commitment underway
>
>Comments?
>
>Peter
>
>-----Original Message-----
>From: Michael.Roytman@vertexinc.com
>[mailto:Michael.Roytman@vertexinc.com] 
>Sent: Tuesday, March 04, 2003 1:39 PM
>To: tax@lists.oasis-open.org
>Subject: [tax] Draft Tax XML teleconference minutes
>
>Hello,
>
>Attached are the notes from our teleconference held on February 12,
>2003.
>Thank you very much to our colleagues at MITRE and US IRS for taking the
>notes.
>
>Please review the information and let me know of any additions or
>corrections. I intend to publish the notes to our site on Monday, March
>10,
>2003. So please reply by Monday.
>
>Regards,
>
>Michael.
>
>(See attached file: OASIS TC 02-12-03 conference call minutes.doc)
>
>  
>