The Anti-Tax Avoidance Directive – 29 January 2019

Following the publication of the Base Erosion and Profit Shifting (BEPS) final reports in October 2015, a decision was taken at EU level to introduce the Anti-Tax Avoidance Directive (ATAD EU 2016/1164) as part of a package of measures aimed at ensuring a common and coordinated approach across EU Member States to the introduction of BEPS anti-avoidance measures. The first ATAD, presented in January 2016 and agreed by all EU Member States in July 2016 provided for five separate anti-avoidance measures to be implemented on an agreed schedule between 2018 and 2023. Consequently, Legal Notice 411 of 2018 published on 11th December 2018 implemented ATAD in Maltese law. The Maltese implementation of ATAD includes four articles: interest limitation rule, exit taxation, general anti-abuse rule (‘GAAR’) and controlled foreign company rules. These articles (with the exception of exit taxation which will come into force on 1st January 2020) will come into force from 1st January 2019. In addition, these articles, with the exception of GAAR, are broadly novelties for Maltese law. The purpose of the seminar is to analyse these articles and discuss their potential effects.

Instructed by: Michail Tegos. in:

Seminar Description

Seminar Description

Following the publication of the Base Erosion and Profit Shifting (BEPS) final reports in October 2015, a decision was taken at EU level to introduce the Anti-Tax Avoidance Directive (ATAD EU 2016/1164) as part of a package of measures aimed at ensuring a common and coordinated approach across EU Member States to the introduction of BEPS anti-avoidance measures. The first ATAD, presented in January 2016 and agreed by all EU Member States in July 2016 provided for five separate anti-avoidance measures to be implemented on an agreed schedule between 2018 and 2023. Consequently, Legal Notice 411 of 2018 published on 11th December 2018 implemented ATAD in Maltese law. The Maltese implementation of ATAD includes four articles: interest limitation rule, exit taxation, general anti-abuse rule (‘GAAR’) and controlled foreign company rules. These articles (with the exception of exit taxation which will come into force on 1st January 2020) will come into force from 1st January 2019. In addition, these articles, with the exception of GAAR, are broadly novelties for Maltese law. The purpose of the seminar is to analyse these articles and discuss their potential effects.

Speakers

Michail Tegos and Roderick Borg from KPMG

CPE

Qualifies for 4 CPE CORE hours under the core competency area.

Seminar Fee

The seminar fee is €80.00. The fee covers seminar participation, coffee break and access to event resources.

A receipt will be issued to all participants.

Parking facilities

Participants are advised to make use of the venue’s car park. Parking space in the car park is available on a first come, first served basis. Parking is also available close to the venue.

Event Resources

Participants will receive the event resources by email.

Additional Information

For more information, kindly use the following communication mediums:

T: 21 58 53 74   M: 77 01 17 19   E: info@skillsmalta.com      Webpage: www.skillsmalta.com

Programme

Tuesday, 29 January 2019

12.45   Registration
13:00  The ATAD Directive
15:30   Coffee Break
15:45   The ATAD Directive
17:10   Question Time
17:15   Close of Seminar

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