Draft OECD guidelines for VAT neutrality

On March 30, 2011, Tax Executives Institute submitted the following comments to the Organisation for Economic Co-operation and Development supporting its Draft Guidelines for VAT/GST Neutrality. The comments were prepared under the aegis of its European Indirect Tax Committee, whose chair is JeanDaniel Rouvinez of Tetra Rak International. Contributing substantially to the development of TEl's submission was Lynne Clare of Sony. Jeffery P. Rasmussen, TEI Tax Counsel, serves as staff liaison to the European Indirect Tax Committee and coordinated the preparation of the Institute's comments.