CFE’s Fiscal Committee is comprised of two Sub-Committees: the Direct Taxes Subcommittee and Indirect Taxes Subcommittee, which focus on monitoring and responding to developments in tax policy and tax law at both European and international level. The Fiscal Committee aims to provide members with a cohesive view of the current state of affairs in tax policy by providing detailed analyses and updates concerning the work of the EU, OECD and UN.
Member and observer organisations nominate delegates who attend the Fiscal Committee’s technical meetings and are contacted on a regular basis concerning developments in taxation policy. The views communicated to CFE by those delegates concerning the developments are then represented in CFE’s Opinion Statements and outreach work in both European and international tax fora.
Professional Affairs Committee
The Professional Affairs Committee engages in the policy areas that concern and affect the exercise of the tax advisory profession. By way of submitting position papers and engaging with the European Commission and the OECD, the Professional Affairs Committee advances the CFE Board priorities that concern the tax advisory profession at large.
In the past year, the Professional Affairs Committee participated in many initiatives at EU and OECD level that aim to contribute to the ongoing policy debate and to voice the concerns of European tax advisers. Apart from partaking in ongoing discussions with the EU Commission in different policy areas, the Professional Affairs Committee regularly responds to various EU and OECD questionnaires and also drafts technical updates of relevance for tax advisers which are aimed at informing the members of recent developments.
The work of the Professional Affairs Committee broadly covers issues such as: ethics and professional codes, anti-money laundering, reporting of tax avoidance schemes, cooperation with tax authorities, digitalisation of tax services, taxpayers’ rights, tax certainty, professional qualifications and regulation, liability and insurance, cross-border mobility, business structures of tax firms, client confidentiality and legal privilege.
Tax Technology Committee
The newly formed Tax Technology Committee (TTC) was established as a response to the importance of digital taxation both now and for the foreseeable future. In this regard, the TTC has a different approach to tax and technology, being devoted to digital transformation and all its ramifications for tax. It is focused on the role professionals handling tax in all manifestations will have, the risks posed to them by the development of Artificial Intelligence and the direct interaction between taxpayer and revenue authority.
New Tax Professionals Committee
The New Tax Professionals (NTP) ad hoc committee (NTP Committee) was formally established during the CFE General Assembly held in Torino on 04 October 2019. The NTP Committee was formed to represent new tax professionals across CFE Tax Advisers Europe, allowing them to better understand how different Member Organisations work, discuss relevant matters, changes and issues in the represented jurisdictions, and build a cross-border network consisting of the future generation of tax leaders.
The NTP Committee will enable the representation of the views of newer members to the CFE, as well as sharing of knowledge, information and experience among NTP delegates within the CFE and the NTP Committee. In addition, the new Committee shall, in part, help to provide potential future delegates and Committee members for the CFE and Member Organisations, by enabling NTP delegates to increase both their understanding of the CFE and their visibility to those who are currently part of the CFE leadership.
The NTP Committee will focus its discussions on topics such as social mobility and D&I (Diversity & Inclusion); regulation of the profession of tax adviser within the relevant jurisdictions; the impact of tax technology on the profession; differences and similarities among tax systems; and tax, ethics and morality. The NTP Committee considers someone within his/her first 10-15 years of practicing (or alternatively, 10-15 years of membership of his/her Member Organisation) a new tax professional.