As recently communicated, we have now decided to hold an IFA Webinar on the 21st of April from 14.00 - 15.00 hours, instead of the initially planned breakfast event. Information on registration can be found below.
Speakers
We have some great speakers lined up for this Webinar on a variety of topics and we hope that you will all be able to join this interesting session on the following:
Howard Hull (Al Futtaim) – Covid 19 Response from an In-House Tax Directors perspective
In the current environment, many businesses face significant challenges as a result of Covid 19 and measures taken as a result. In the GCC market we have already seen some coverage by the professional service firms on Covid 19 related measures taken by the authorities. Because of the importance of these developments on GCC businesses and their in-house tax function, we are delighted that Howard will share his insights on how Al Futtaim Group has been dealing with this so far. We anticipate that the sizeable group of in-house tax professionals among our members will very much appreciate this session.
Of course, we all hope that the measures which governments are taking worldwide will result in the lifting of restrictions and in getting-back-to-normal as soon as possible. Once that is about to happen, all tax professionals will quickly realize again that the international and GCC tax environment has been going through significant changes never witnesses before. Because we should all be ready and up to date on these important changes, Howard’s talk will be followed by two topical presentations.
Anuj Kapoor (KPMG) – OECD BEPS 2.0
After OECD BEPS 1.0, which resulted in 15 far-reaching tax action points, the OECD has recently been working on BEPS 2.0, consisting of two pillars. Pillar 1 concerns revisions to existing profit allocation and nexus rules to redistribute taxing rights to market jurisdictions. Pillar 2 involves the development of new global anti-base erosion rules to make sure an agreed minimum level of tax applies in relation to all business income. The outcome of the OECD’s current work will have a significant impact on the tax landscape globally, as well as in the region.
Bilal Abba (PWC) - DAC 6 mandatory tax disclosure rules
DAC 6 refers to EU Council Directive 2018/882/EU which provides for mandatory disclosure rules for intermediaries such as tax advisers, lawyers, corporate service providers, and in some cases for taxpayers themselves in respect of cross-border arrangements exhibiting certain hallmarks. Because these mandatory disclosure rules will in certain situations also apply to GCC based intermediaries and businesses, Bilal’s insights of these new rules will be very relevant.
We hope that you can all attend this very interesting Webinar on 21 April. For any questions, please reach out to us at [email protected].