UK joins International Compliance Assurance Programme pilot

Multiple-choice questions: In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again

  1. Which of these statements best describes the aim of the International Compliance Assurance Programme?

  2. Which of these answers is not a planned use of ICAP?

  3. Which of these statements best describes how ICAP works?

  4. Which of these countries is not involved in the pilot?

  5. Why is ICAP particularly welcomed at this moment in time?

  6. Why is ICAP an historic pilot?

  7. What should MNE groups do about ICAP?

  8. Which of these is not a benefit of ICAP?

  9. Which of these is not a reason why it is better for tax administrations to consult with one another and share information?

  10. What does the acronym ‘BEPS’ stand for?