ICAP (International Compliance Assurance Program)

The International Compliance Assurance Program (ICAP) is a coordinated effort among tax authorities worldwide to improve and verify companies' compliance with international tax standards. It allows multinational companies to demonstrate how they meet global tax rules through a collaborative, transparent process. By engaging with tax authorities proactively, companies can manage risks, reduce disputes, and build trust, while authorities gain greater assurance that firms are adhering to regulations. ICAP promotes consistency and efficiency in international tax compliance, benefiting both governments and companies by fostering transparency and reducing uncertainties in cross-border taxation.