Mazars’ Lon­don Tax Con­fer­ence to fo­cus on ‘Life after BEPS’

Malta Independent - - BUSINESS & FINANCE -

Mazars, the in­ter­na­tional or­gan­i­sa­tion spe­cial­is­ing in au­dit, ac­coun­tancy, tax­a­tion, legal and con­sult­ing ser­vice, rep­re­sented lo­cally by Mazars Malta, has an­nounced that it will be or­gan­is­ing an in­ter­na­tional tax con­fer­ence fo­cus­ing on the topic of ‘Life after BEPS, and how the In­ter­na­tional Mon­e­tary Fund, the Euro­pean Union, the OECD and the UN are shap­ing the fu­ture of in­ter­na­tional tax pol­icy’. The con­fer­ence will be held in Lon­don on 13th Oc­to­ber, in col­lab­o­ra­tion with King’s Col­lege Lon­don.

Com­ment­ing on the event, Mazars Malta Tax Part­ner Paul Giglio ex­plained the rel­e­vance of the topic cho­sen as the theme of the con­fer­ence: “BEPS (Base Ero­sion and Profit Shift­ing) refers to tax plan­ning strate­gies that ex­ploit gaps and mis­matches in tax rules to ar­ti­fi­cially shift prof­its to low or no-tax ju­ris­dic­tions where there is lit­tle or no eco­nomic ac­tiv­ity. Although some of the schemes used are il­le­gal, most are not. This un­der­mines the fair­ness and in­tegrity of tax sys­tems be­cause busi­nesses that op­er­ate across bor­ders can use BEPS to gain a com­pet­i­tive ad­van­tage over en­ter­prises that op­er­ate at a do­mes­tic level.” He added that, from a wider perspective, “when tax­pay­ers see multi­na­tional cor­po­ra­tions legally avoid­ing in­come tax, this may un­der­mine vol­un­tary com­pli­ance by all tax­pay­ers”. Mr Giglio said that a num­ber of ex­ec­u­tives from Mazars Malta will be at­tend­ing the event.

The con­fer­ence will con­sist of a com­pre­hen­sive pro­gramme of panel dis­cus­sions and break-out ses­sions. Hema Khi­ma­sia, UK Head of Tax of Coca-Cola, and Anna El­ph­ick, Unilever’s VP Tax Asia and Africa, will open the dis­cus­sion. These will be fol­lowed by other speak­ers of in­ter­na­tional re­pute, such as Melinda Brown from the OECD, Cory Hil­lier from the IMF, and Pro­fes­sor Pa­tri­cia Lam­p­reave, from the Euro­pean Com­mis­sion’s DG Com­pe­ti­tion. Also ad­dress­ing the con­fer­ence will be Ti­mothy Power from HM Trea­sury, and Jonathan Sch­warz, from King’s Col­lege Lon­don.

For more in­for­ma­tion about Mazars’ In­ter­na­tional Tax Con­fer­ence and to reg­is­ter, visit the event page at www.mazars.com.mt/Home/News/ Events/Mazars-In­ter­na­tional-TaxCon­fer­ence-2016.

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