International Tax Conference 2024

Today the world is faced with economic and political uncertainties. These uncertainties put the discussion around asset protection to the forefront. In particular, the discussion around the use of Trusts, Foundations and Similar Arrangements becomes crucial as such Arrangements have been used since decades as vital asset protection tools. Moreover, the current international tax landscape keeps evolving which could majorly impact the use of asset protection arrangements. Against this background, the International Tax Law and Policy Research Network has launched a book project aimed to address Taxation of Trusts, Foundation and Similar Arrangements in a Global Setting. The main purpose of the book project is to undertake a comprehensive examination of the various international tax-related challenges these mechanisms present, particularly, in a cross border context. The proceeds of the book will be discussed at our tax conference, taking place on May 23 and 24, 2024 in Vaduz, Liechtenstein. This conference shall follow the success of the previously held conferences in Belgrade (2022) and Milan (2023). The conference agenda is divided into eight sessions. The first session starts with addressing Global Tax Developments affecting Trusts, Foundations and Similar Arrangements as well as the Approach adopted by selected Tax Administrations towards auditing such Arrangements. The second session shifts the focus and discusses why the Legal Characterization of such Arrangements is relevant for Tax Purpose. The third session will provide jurisdictional updates on the Tax Treatment of such Arrangements, analyzing the main Cross Border Tax Issues. The fourth session will provide insights on various tax issues that arise when Trusts, Foundations and other Similar Arrangements are used for Philanthropic Purposes. The fifth session will examine Tax Treaty Issues related to such Arrangements. The sixth session deals with EU Tax Law and Exchange of Information Implications. The seventh session takes on Specific Challenges of such Arrangements for Transaction, Inheritance and Wealth Tax Purposes. The last session addresses the Impact of Pillar II (Global Minimum Tax) and Transfer Pricing Rules on Trusts, Foundations and Similar Arrangements. The speakers in this event include renowned experts with different backgrounds from academia (Professors from several Universities), private practice, national tax administrations / government officials as well as experts from International Policy Making Organisations such as the OECD, EU Commission and the United Nation.