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Subject: RE: [tax] Draft Tax XML teleconference minutes
Terry,
I agree with you that we should not be distracted on the opportunities there are on income tax. The income tax arena we all (tax administrations) have entered. On the other end indirect taxes such as VAT/GST produce vast amount of data of a not very complex nature. So there my be low hanging fruit there. I share your concern about the bandwidth of the TC but we are still in the starting fase. I hope to achieve some focus during the upcoming weeks and get a working programme were we all can participate and feel confident that we achieve something.
Harm Jan van Burg
-----Oorspronkelijk bericht-----
First, my biases. It is not news to anyone that the U.S. does not have a VAT/GST at the federal level. The states would likely have an interest. I would not support working on indirect taxes if that means delaying income taxes. I know a large number of countries are modernizing or just developing electronic income tax systems. Thus to delay standards development on the income tax side would be to miss a tremendous opportunity. If there is a desire to work income taxes right away, I would suggest consideration of two technical subcommittees, one for income taxes and one for indirect taxes. The question is, "do we have the bandwidth for this?" -----Original Message----- Peter, Do others feel the same way? Harm Jan -----Oorspronkelijk bericht----- To the group -- have you considered contacting the
International Bureau Comments? Peter -----Original Message----- Hello, Attached are the notes from our teleconference held on
February 12, Please review the information and let me know of any
additions or Regards, Michael. (See attached file: OASIS TC 02-12-03 conference call minutes.doc) |
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