On February 7, 2018, KPMG Meijburg & Co will hold a round table session on “Tax and Transfer Pricing in the context of Controversy: MAP and EU Arbitration”.
The session will take place from 8.00 a.m. - 10.00 a.m. and will be held in English. The speakers are Hans van Egdom from the Ministry of Finance and Jantine Kastelein and Eduard Sporken, both from Meijburg & Co.
Round table on the Mutual Agreement Procedure (MAP) and EU arbitration
In a globalizing economy your business is at high risk of double taxation if jurisdictions cannot agree on who has the power to tax. This has not gone unnoticed; action has already been taken at both the intergovernmental (OECD) and the supranational (EU) level. What does this mean for you?
As at December 31, 2016 more than 7,000 MAPs were pending between OECD Member States; those dealing with transfer pricing took on average 33.5 months. At the global level, OECD BEPS Action 14 ‘Making Dispute Resolution Mechanisms More Effective’ is playing an important role as regards the MAP. Recent research by the OECD shows that the MAP can be essential in helping your business avoid double taxation.
EU arbitration reduces these lengthy procedures within Europe. If the dispute about double taxation is not resolved within two years, this means that after two years the taxpayer can call on the European Arbitration Commission to settle the dispute. The EU arbitration option will soon be expanded to all aspects of tax law in Europe.
How will this impact your business? During this round table the aspects of MAP/EU arbitration relevant to your business will be explained from a pragmatic perspective; in which cases should you initiate such a procedure and when would it be better not to do so? The opportunities and dilemmas of these procedures will also be discussed and clarified by the Dutch Ministry of Finance.
Attendance is free but registration is required.
If you have any questions about the content of the round table meeting, please contact
Datum: 07 February 2018
Time: 08:00 t/m 10:00