INTERNATIONAL TAXATION CONFERENCE
ANNUAL CONFERENCE – PROGRAMME AND PRESENTATIONS
ANNUAL CONFERENCE – PROGRAMME AND PRESENTATIONS
December 02- 04, 2021
TECHNICAL PROGRAMME: FIT-IBFD CONFERENCE
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DAY 1 : 02 DECEMBER 2021 |
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| OFFICIAL OPENING | |
| 16.40 | Opening Address – Belema Obuoforibo & Mukesh Butani (5 minutes) |
| 16.45 | Official Welcome – Porus Kaka (20 Minutes) |
| 17.05 | Keynote Speech: The international Tax Landscape over the past 25 years – An Indian Perspective – Hon. Justice A.K. Sikri (20 minutes) |
| Session 1: | |
| Recent Developments in International Taxations | |
| 17.25 | Presentation: by Pascal Saint-Amans (20 minutes)
Panel Discussion: Porus Kaka (Chair of the Session) Pascal Saint-Amans, Shikha Gupta, Rasmi Ranjan Das, |
| Session 2: | |
| Tax Treaties – Treaty Entitlement and PE Issues | |
| 18.40 | Panel Discussion: Prof. Philip Baker (Chair of the Session) Dinesh Kanabar, Pramod Kumar, Dr. Amar Mehta, and Dhruv Sanghavi (75 minutes) Principal purpose test – implications for transaction structuring by MNCs Permanent Establishment: recent developments from an Indian perspective |
| Concluding Remarks | |
| 19.55 | Mukesh Butani (5 minutes) |
| 20.00 | Day Close |
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DAY 2 : 3 DECEMBER 2021 |
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| Opening Address | |
| 17.00 | Belema Obuoforiba (5 Minutes) |
| 17.05 | Keynote Speech: The International Tax Landscape Over the Past 25 years – a Global Perspective – Prof. Dr. Stef van Weeghel (20 minutes) |
| Session 1: Tax treaties – Issues Concerning Cross-border Payments (Dividends, Software, and FTS) | |
| 17.25 | Panel Discussion: Nishith Desai (Chair of the Session) Patricia Brown, Na Li, Himanshu Parekh, and Aravind Srivatsan (75 minutes) |
| Beneficial ownership – issues and nuances. Software income characterization – developments in India and elsewhere, including AustraliaRevived significance of Article 10 in the Indian context Indian Dividend Distribution Tax (DDT): does the withholding tax rate in Article 10 apply? Fees for Technical Services – Latest Controversies |
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| Session 2: | |
| GAAR – Global Experience in Indian Context | |
| Panel Discussion | Mukesh Butani (Chair of the session) |
| 18.40 | Sarah Blakelock, Prof. Craig Elliffe, Prof. Judith Freedman, TP Ostwal, Prof. Dr. Pasquale Pistone, and Rajesh Ramloll (75 minutes) GAAR versus the US anti-avoidance doctrines Role of judicial GAAR precedents for the interpretation of statutory GAAR Can GAAR apply in the case of tax benefits offered by the domestic tax law? Can the GAAR in the domestic tax law apply in a tax treaty situation? Who bears the burden of proof? |
| Concluding Remarks | |
| 19.55 | Mukesh Butani (5 minutes) |
| 20.00 | Day Close |
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DAY 3 : 4 DECEMBER, 2021 |
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| Opening Address | |
| 17.00 | Mukesh Butani (5 minutes) |
| Session 1: Pillar One – Selected Issues | |
| 17.05 | Panel Discussion: Belema Obuoforibo (Chair of the Session) Grace Perez Navarro, Rajat Bansal, Mathew Gbonjubola, and Ridha Hamzaoui (70 minutes) The road to implementation – challenges and prospects A proposed Multilateral Convention for Amount A – possible implementation challenges Holding out on Pillar 1 – Countries outside the tent – Consequences for the global tax landscape Article 12B of the UN Model Tax Convention – its place in the emerging global order |
| Session 2: | |
| 18.15 | Panel Discussion: Ola Ostaszewska (Chair of the Session) Prof. Dr. Vikram Chand, Akhilesh Ranjan, Gary Sprague, and Parul Jain (70 minutes)Developments so far (in a nutshell) and outcome possibilities Global minimum corporate tax rate (15%) – is it a realistic goal? Would pillar two developments stabilize international tax systems Issues and nuances related to pillar two [e.g.: income inclusion rule Any other related aspects/issues |
| Session 3: | |
| 19.25 | Panel Discussion: Kunj Vaidya (Chair of the Session) Bhaskar Goswami *, Manoj Pardasani, Raffaele Petruzzi, Miller Williams, and Emily Muyaa (85 minutes) Advance Pricing Agreements (APAs): experience in India and elsewhere. Can a foreign associated enterprise (AE) be selected as a tested party? Excess credit period – can it be separated from the main (sale/ service) transaction? Turnover filter: experience in India and other jurisdictions. Profit split method: global experience. |
| Concluding Remarks | |
| 20.50 | Belema Obuoforibo & Mukesh Butani (5 minutes) |
| 20.55 | End of Conference |
