Re: [tax] Draft Tax XML teleconference minutes

[John.Glaubitz@vertexinc.com]

It seems that initially focusing on indirect tax may be a good choice for a
number of the reasons suggested.  The breadth of the information
requirements, the impact to business operations, the interest in the
business community in work being done in this area and what appears to be a
general familiarity with the issues and complexities of indirect taxes of
the members of our committee all seem to suggest that we can gain some
momentum and produce some useful work.

John



                                                                                                                                       
                      Alex Fiteni                                                                                                      
                      <alex.fiteni@orac        To:       "H.J.M. van Burg" <hjvanburg@burgcomm.nl>                                     
                      le.com>                  cc:       'Peter Horsburgh' <peterhor@microsoft.com>, tax@lists.oasis-open.org          
                                               Subject:  Re: [tax] Draft Tax XML teleconference minutes                                
                      03/05/2003 05:02                                                                                                 
                      PM                                                                                                               
                                                                                                                                       
                                                                                                                                       




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)
>
>
>