Source ICC
What are CTC’s?
CTCs enable law enforcement agencies such as tax administrations, to collect data associated with business activities that are relevant to the exercise of their function. Such data is obtained directly from business transaction processing and/or data management systems, in real-time or near-real-time.
Principles:
1. Balance – Economic benefits/Encourage automation/Flexibility/ Proportionality
2. Efficiency – ‘Provide data only once’ principle/Consistency/Interoperability/Harmonisation/Robustness and continuity
3. Communicate a holistic and long-term strategy embedded into a broader strategy of the digitalisation of the public administration
4. Cooperation
5. Introducing or changing CTCs – Compliance Timelines/Clear and exhaustive guidance
6. Data Protection / Data Privacy
7. Trade impact and non-discrimination
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