On March 20, TEI submitted comments to an expert subgroup of Organisation for Economic Co-operation and Development (OECD) Working Party 10 regarding its GloBE Information Return XML Schema and User Guide, which was published on January 15.
TEI’s comments focused on the need for the OECD to provide more information about, and examples illustrating, the XML Schema and its validation rules.
TEI’s EMEA Direct Tax Committee led the preparation of the comments. Benjamin Shreck, TEI tax counsel, coordinated the comment drafting process.