Event Details

The DutchCham Tax committee organises again a round table discussion to address some of the recent developments.


At this upcoming peer-to-peer round table session we will discuss the EU Mandatory Disclosure Regime (MDR).


The EU has issued a directive that requires intermediaries (including EU-based tax consultants, banks and lawyers) and, in some situations, taxpayers to report certain cross-border arrangements (reportable arrangements) to the relevant tax authority in the EU. This disclosure regime applies to all taxes except value-added tax, customs duties, excise duties and compulsory social security contributions. Cross-border arrangements will be reportable if they contain certain features (hallmarks). The hallmarks cover a broad range of structures and transactions — for example, a reliance on safe harbours will require reporting regardless of the absence of tax planning. Some of the hallmarks will only trigger reporting requirements when they also fulfil the main benefit test (one of the main benefits expected from an arrangement is a tax advantage).


The primary reporting obligation lies with the intermediary. Where the intermediary is outside the EU or exempt from disclosing because of legal professional privilege, the obligation to disclose falls on another intermediary or, if none, the relevant taxpayers. Both for intermediaries and taxpayers implementation of the MDR can result in an increase in the EU compliance burden and in case of non-compliance this can result in significant penalties.


Enough food for discussion on August 20th!

Speakers

  • Miranda Baas (Senior Manager | Dutch / Europe Tax Desk | Global Tax Desk Network, Asia Pacific at Ernst & Young China / Hong Kong)

    Miranda Baas

    Senior Manager | Dutch / Europe Tax Desk | Global Tax Desk Network, Asia Pacific at Ernst & Young China / Hong Kong

    Miranda has 10 years experience in Dutch and international corporate tax advisory services and transaction tax work. She is a Senior Manager in the Dutch / European Tax Desk of EY in Hong Kong (part of the International Tax Services practice), assisting clients in Greater China, Asia Pacific and Japan. Before joining the Dutch / European Tax Desk in 2017 (first seconded to Beijing for 2 years), Miranda was a manager in the EY Transaction Tax practice in Amsterdam assisting corporations in a wide range of industries on the Dutch and international tax aspects of their transactions.

    Miranda graduated in Tax Economics at the University of Groningen in 2009. She is a member of the Netherlands association of tax advisors (Nederlandse Orde van Belastingadviseurs).

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Tickets

Member Ticket

(Including light breakfast)

Member Price Free
Non-Member Ticket

(including light breakfast)

Standard Price HKD 50

Venue

The Dutch Chamber of Commerce in Hong Kong

Suite 3002, 30/F, Central Plaza, 18 Harbour Road, Wan Chai
Hong Kong, Hong Kong

If you have any questions please contact Helen Yong

Contact Organizer

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