Global

Program 

08:00 – 14:00

Client and KPMG Network Meetings

  Pre-arranged meetings with your KPMG hosts and senior KPMG tax professionals from around the world.

12:00 - 14:00

Pre-Summit Lunch

14:15 – 15:30

Plenary 1

 

Tax in a new world order


In our opening plenary session, we will explore the trends and events that have created a New Tax Normal, posing the key question: what is the implication of this New Normal for tax directors?


Mary Nightingale (ITN journalist and Summit moderator) will welcome delegates to the Summit and introduce our first speaker, Jaap Rog (Head of Tax for KPMG's EMA Region).


Jaap Rog's opening address will highlight our Summit's key themes: calls for greater transparency, the impact of financial crises, increased globalization, the digitization of business, increased media, public and political interest in tax related issues, especially in relation to international corporations. All adding up to a New Normal for tax professionals.


Jaap Rog will be interviewed briefly by Mary Nightingale, who will then introduce the Summit's first keynote speaker: Gideon Rachman, Chief Foreign Affairs Commentator for The Financial Times (and former Business Section Editor for The Economist). This keynote speech will expand on the agenda laid out so far, providing a unique insight into the geo-political framework in which international tax now lives.


Following a film exploring the anatomy of the "New Tax Normal", Mr. Rachman will then join a panel, moderated by Christian Jänisch (KPMG's Global Head of M&A Tax, Head of Tax, KPMG in Germany). Other panelists will include: Michael Sell (Director General of the Tax Directorate, Federal Ministry of Finance, Germany) and Massimo Ferrari (Chairman of the ETNO-GSMA Tax Policy Committee). This panel will tighten our focus, and consider the impact that the New Normal is having on multinational tax strategies generally, and on transfer pricing policies in particular.


Mary Nightingale will return to the stage for a closing interview with Greg Wiebe (KPMG's Global Head of Tax). Together, they will look back at the themes raised so far, and ahead to more detailed explorations of these themes - on Day 2 of our Summit.

15:30-16:15

Break

16:15 - 17:30

Break-out sessions – A choice of three sessions

 
  1. Financial Transaction Tax: The net widens


    Financial Transaction Tax has reasserted itself on the financial sector agenda. Although initially only 11 EU member states have decided to introduce FTT, its impact on financial transactions will be global. The broad definition of a "financial institution" means that this tax will not only impact banks, brokers, asset managers and insurance companies, but also those transactions of corporate enterprises with centralized treasury and financing division.


    There is much debate about the territorial scope and the types of transaction that will be caught by the new rules. It is evident that FTT is not another tax compliance exercise, it is a tax on transactions in financial instruments and will affect business models, transaction pricing, trading decisions and the returns to end users such as the treasury functions of large industrial groups. So what are the potential cost implications and what effect will this have on existing systems, processes & IT? What should organizations do now to mitigate the impact on their business model?


    This session will take a closer look at the implementation timetable and the latest reactions from across the EU among both joiners and non-joiners. We will examine the impacts on different market participants, the strategic options available and some of the practical challenges around implementation that this complex multi-state tax could bring.


    Speakers: Hans-Jürgen A. Feyerabend (EMA Financial Services Tax Regional Leader, KPMG in Germany), Sarah Lane (Tax Partner, KPMG in the UK), Barry Larking (Director, KPMG’s EU Tax Centre) and Victor Mendoza (Head of Global Banking Tax, KPMG in Spain). 

 
  1. The EU Commission's efforts to combat aggressive tax planning and tax evasion


    The international crisis has opened up tax morality and tax planning to public debate. The EU Commission reacted promptly with an 'action plan,' while also pursuing its existing initiatives. This session will focus on the EU developments and analyze the status and likely outcomes, including transparency, country-by-country reporting, the Commission's package to fight tax evasion and aggressive tax planning, and, the 'weapons' in the EU arsenal according to Commissioner Šemeta.


    Speakers: Robert van der Jagt (Chairman, KPMG's EU Tax Centre) and Vinod Kalloe (Head of International Tax Policy, KPMG Meijburg & Co., in the Netherlands).

 
  1. Does the Arm's-Length Principle have a future?


    The Arm's-Length Principle (ALP) has successfully fended off rivals to remain the international standard for nearly 100 years. This session will examine the current significant challenges to its continued hegemony, ranging from the EU initiatives around CCCTB to the OECD work on base erosion and profit shifting.


    Speakers: Matthias Kaut (KPMG’s Global Head of Value Chain Management), John Neighbour (Deputy Global Leader for Global Transfer Pricing, Partner, KPMG in the UK), Richard Parry (Head of Global Relations in the OECD's Centre for Tax Policy and Administration) and Montserrat Trapé (EMA Lead Partner, Global Transfer Pricing Services, KPMG in Spain). 

 19:30

Gala Reception

 

Our Gala Reception will be held at the Hamburger Bahnhof Art Gallery.

2013 KPMG EMA Tax Summit
30 September 2 October
Berlin, Germany

 

 Berlin - Points of interest

Preparing for the New Normal

John Neighbour
Hear about the new Global policy agenda from John Neighbour, Deputy Leader of KPMG's Global Transfer Pricing Leader.

Tax Views - KPMG’s 2013 EMA Tax Summit

At KPMG's 2013 EMA Tax Summit we ask the hard questions, share our points of view and welcome you to the conversations.

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