The annual Forum of the Confédération Fiscale Européenne (CFE) on:
Tax Planning: what is (un)acceptable?
in direct and indirect tax
21.03.2013 - 21.03.2013 09.00 h - 17.30 h
Boulevard Saint-Michel 80, B-1040
will take place on Thursday 21 March 2013 at the Permanent Representation of the State Saxony-Anhalt to the EU in Brussels.
Governments, supported by the OECD and the EU, have identified “aggressive” tax planning or “tax arbitrage” as a major risk to the tax bases of countries.
Seemingly opposed to this view is the businesses´ perspective that planning is an integral part of business activity and, although tax may be a cost to the business, tax planning in itself is not always aggressive.
The past decades have been witnessing a constant increase in the level of sophistication in the structuring of cross-border transactions. These arrangements, even if not set up with aggressive intention, pose significant challenges to tax authorities and policy makers who need to identify risk areas promptly and decide whether and how to counteract these.
Countries have developed a number of strategies to ensure timely, targeted and comprehensive information which traditional audits cannot provide, like complementary disclosure initiatives to fill the gap between the creation/promotion of tax planning schemes and their identification by tax authorities, arguing that this would benefit both taxpayers and governments alike, in terms of increased transparency and positive impact on tax compliance.
An important challenge for tax advisers is to ensure that such measures do not produce unintended and distortive effects on cross-border trade and investment. Although countries may choose how to design their tax systems, in a world where economies are increasingly integrated, it is essential to consider how tax systems interact, within a context of fair tax competition and an ever-increasing need for transparency on both sides.
The CFE Forum 2013 will address specific difficulties for practitioners involved in cross-border tax planning and point out practical solutions.Registation forms will be available soon on CFE website. For further information, please do not hesitate to contact our CFE Office in Brussels: https://www.cfe-eutax.org/node/3021.
The CFE (Confédération Fiscale Européenne) was founded in 1959 and today embraces 32 national organisations from 24 European States, representing more than 180,000 tax advisers