The CIOT has backed plans for a European Taxpayer Code, which will set out common tax principles and taxpayer rights and obligations for EU member states. The initiative comes from the European Commission’s ‘Action Plan’, published in December 2012.
However the CIOT has expressed reservations with the proposals for an EU-wide system of identification numbers for taxpayers, which is also part of the EC’s ‘Action Plan’.
The CIOT’s new President, Stephen Coleclough, has already stepped up its focus on the EU, something made clear in his inaugural speech last month.
Particularly welcomed was the central aim of the ‘European Taxpayer’s Code’ proposal: improving compliance by enhancing cooperation, trust and confidence between tax administrations and taxpayers.
Read more about the proposal on the CIOT website.