Dear Lucie,

                                                                              

Who really owns the right to income, are they declaring it and are intermediary entities within a group structure entitled to be separately treated as if they own the income rather than the ultimate beneficial owner? These are three obvious questions that tax authorities around the world want to ask and form the basis of my presentation this Thursday at an IBSA conference to be held at Merchants Hall in London and also the basis of this month’s article, which can be found in the knowledge Bank section below.

      

We will be taking a well earned break over the summer months, so the next meeting will be a European branch meeting of the Benelux chapter in The Hague on 28th September titled 'Double Tax Treaty Denial & The BEPS Multilateral Convention'.  In fact, much of what I mention in the attached article will be further discussed at the meeting, since understanding what is required to obtain treaty benefits is essential in an increasingly uncertain world of international taxation.

We recently held three very successful discussion group meetings, kindly organised by Giovanni Rossi in the Middle East, Demis Ioannou in Cyprus and Kishore Sakhrani in Hong Kong.  The presentation material and relevant articles can be found on our website, just scroll down to the relevant event.  We are delighted the meetings generated much interest in the IBSA and we welcome our new members to our 'club-like' Association.

Please scroll down for information on our upcoming events and recent articles, kindly provided by our members.

         

The IBSA exists for the benefit of its members. If you would like to join the Association or one of our committees, please contact Lucie.                                 

                                    

Best regards,                                  

                        

                

Roy Saunders

          

Merchant Taylor's Hall, London

We are delighted to invite you to an IBSA conference in conjunction with Private Client Series on 6th July.  This event will bring together the leading minds in the industry to discuss the unintended consequences of the constant global drive towards total transparency. It will enable attendees to answer the key questions posed by their clients on an increasingly regular basis:

• What should you be doing now, and when the information starts flowing?

• Where does this leave the Privacy vs Transparency debate?
• Direct impact on clients and you, the advisors

 

The conference fee is £899 plus VAT but has been reduced to £450 plus VAT for IBSA members.  Please contact Lucie if you would like to receive the promotional code for this offer.

Join Roy Saunders of IFS Consultants, Cees-Frans Greeven of Buren and Scott Davis of WithumScott+Brown for a discussion group meeting examining the required standards of double taxation agreements to meet the aspirations of the OECD within their BEPS project and to consider the effects of the Multilateral Instrument on these treaties.

This meeting will be held at the offices of Buren, Johan de Wittlaan 15, 2517 JR, The Hague.  Please click on the link below for more information and to register attendance.