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We are a
multi-disciplined association of over 1000 bankers, trust officers, finance directors,
accountants, lawyers and others with a practical interest in the tax aspects of
cross-frontier transactions.
We examine our subject mostly from the
point of view of the taxpayer; membership is limited to practitioners who act for or in
the interests of taxpayers. We were founded in 1975 and are the only association devoted
solely to the study of this subject.
The
object of our Association is to disseminate and exchange information about international
tax planning. This we do in three ways - through our meetings, through our publications
and via the internet.
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We have three meetings a year - with
talks in the morning and discussion in the afternoon and opportunities to mix and mingle
over coffees, teas, drinks and lunches.
Our next meeting is in Cannes (10-12 June 2012) followed by meetings in Lisbon (14-16 October, 2012) and Istanbul (17-19 March 2013).
The general pattern of our meetings is
that in the morning the speakers deliver their talks and in the afternoon members have
the opportunity to address questions to the speakers and explore their topics in more
detail. At the conclusion of each meeting, members receive by e-mail a summary of all the
talks given at the meeting.
An important feature of membership of
the Association is the opportunity it offers to form contacts with practitioners in other
jurisdictions. The programmes at our meetings are not overcrowded - deliberately so.
There are opportunities during each of the two days and at the receptions in the evenings
to mingle with other members.
It is virtually impossible to come away
from a meeting of the Association not having learned something new and useful, and not
having made at least one contact which proves valuable.
Talks given at past meetings are
available on the website as summaries and transcripts. At the conclusion of each meeting,
every member who has an e-mail address receives a summary of the talks given at that
meeting. The Summaries are also printed in the
issue of itpa News following the meeting, and
the Transcripts appear in the next issue of
the itpa Journal. The Summaries and Transcripts are an invaluable resource, especially for those
members who were unable to attend the original meeting. While the Summaries and Transcripts are necessarily obsolescent, a search of these
materials can often reveal a clue to the solution of a difficult problem.
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Please click this link for information about the Journal
and other publications and how to order them.
Between the meetings, members receive
the itpa News and the itpa Journal. These are published three times a year. The
itpa News contains (among other things) a
summary of the proceedings of the last meeting and the programme and booking forms for
the next two. The itpa Journal has an edited
text of the proceedings. There are also occasional publications. For 2006, these were
Retirement in Europe: The Tax Aspect and Retirement in the Caribbean: The Tax
Aspect. In 2007 the Private Foundations Handbook and Ten Retirement
Destinations were published, and in 2008 (with The Bank of Cyprus) Cyprus Tax
Treaties. In 2010, the Association published Six Fiscal Fables by Milton
Grundy.
Each member also receives each year a
hard copy of the Directory of Members. Like
its internet counterpart, it contains the address and the telephone and fax number of
each member, the name of his firm and his position in the firm. It is perhaps the most
significant advantage of belonging to the Association, that a member faced with a problem
involving another jurisdiction, has the telephone and fax number of a fellow member
practising in that jurisdiction - often someone he has met and spoken to in the course of
one of the Association's meetings.
Members can advertise the services they
provide in the Green
Book, a directory of
services with a circulation of over 5,000 selected recipients. Entries in the
Green
Book are
free, and each member may have up to five of them. Members may also take full-page or
half-page advertisments in this publication.
Members are also entitled to a
Certificate of Membership and to receive an annual diary, with stick-on labels to mark
the dates of the meetings during the year and their early booking dates.
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An ITPA member is able to:
- view on our
website, or download if he wishes, any part of the Portfolio of Laws, which contains the trust laws and
company laws and other relevant laws and tax treaties of the major offshore
jurisdictions (and see under Tax Treaties below);
- be listed on
our website in our Directory of Members,
which includes the member's address, fax and telephone numbers and all the
descriptive text of the hard copy, and which may be visited by other members, who are
in possession of the passwords;
- advertise in
our Directory of Services, which is open to
the public and, if he also has a website, to install a hyperlink between the
two;
- access and
contribute to the Yearbook, where members
are encouraged to share their practical knowledge and experience in tax planning issues
and legislation;
- appear as a
sponsor of that part of the Portfolio of
Laws which is devoted to his jurisdiction;
- read (or
download) verbatim Transcripts of recent papers delivered at
ITPA meetings;
- read headnotes and download
judgements contained in the International Trust
Cases;
- install a reciprocal hyperlink
between his website and the Links@itpa page
of the Association's website;
- have an e-mail address in the form of
his name@itpa.org (an address, it may be
said, more easily remembered by clients, and intending clients, than many other e-mail
addresses, but not requiring him to abandon any existing address or to search two
mailboxes). No charge is made for this facility and the rental of the address is paid
by the ITPA;
- peruse the programmes for the next
two meetings of the Association, and, if he decides
to attend, to make a reservation (space permitting).
- download earlier ITPA Publications.
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Full
members:
- The full annual membership fee is £400 plus a single enrolment fee for new members of £130. As a full member you are entitled to appear in the online and printed versions of the Directory of Members and in the Directory of Services (The Green Book). You will have unlimited and unrestricted access to the information on the private pages of our website. Members of the Association meet three times a year for a conference and you will have the opportunity to attend all these meetings. You will receive the three ITPA Journals published annually, the Directory of Members, the Directory of Services (The Green Book), and the ITPA News. You are also offered an annual membership certificate, and a complimentary diary.
Library
members:
- If you do not plan to come to meetings or access the website, you can become a Library Member for £120 a year plus a single enrolment fee for new members of £40. This entitles you to free editions of the following publications: the three Journals we produced annually, the Directory of Services (The Green Book), and the ITPA News. Library Members are not offered an annual membership certificate or a complimentary diary however. Nor are you included in the Directory of Members, and the Directory of Services (The Green Book).
Students and
Trainees:
- Membership is open to bona-fide students and trainees without an enrolment fee and at a reduced annual fee of £110. Application should be made annually to the Registrar, enclosing evidence of student or trainee status. A limited number of bursaries are available for each meeting, to enable students and trainees to attend the meetings at a reduced fee. A student or trainee awarded a bursary contributes one-third of the attendance fee and the Association contributes the other two-thirds (travel, hotel and other expenses being the responsibility of the student or trainee). Application for a bursary should be made to the Convention Director. Student membership entitles you to the same benefits that full members receive with the exception that you are not offered the membership certificate, or the complimentary diary. As students you are also not included in the Directory of Members, or in the Directory of Services (The Green Book) neither of which you receive.
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Conditions of Membership:
- Admission to
and renewal of membership shall be on and subject to the terms of the Memorandum and
Articles of Association of The International Tax Planning Association (the
"Association") and the provisions following (which shall have effect in
accordance with the law for the time being in force in the Cayman
Islands).
- The Committee
shall have power to grant or refuse any application for admission to or renewal of
membership without being required to disclose any reason and may delegate such power to
a sub-committee established for the purpose (the "Membership Sub-committee")
or any member thereof. In the event of refusal of such application any enrolment or
annual membership or booking fee paid shall be returned in
full.
- The list of
members shall not in any circumstances be used as a mailing list or for distributing
any circular whether by mail fax e-mail or otherwise except with the prior consent of
the Committee. A member shall not make use of the logo of the Association or otherwise
give to any person the impression that the services offered by him or his firm are in
any way endorsed by the Association.
- A member
charged with any criminal offence in any part of the world (which expression shall not
include any traffic offence) or with any breach of professional etiquette shall bring
the facts to the attention of the Registrar who shall bring them to the attention of
the Membership Sub-committee. The membership of a person so charged may be suspended by
the Membership Sub-committee and such suspension shall be brought to the attention of
the Committee at its next meeting. In the event of conviction such suspension shall
become indefinite but the Committee shall nevertheless have power on the application of
the suspended member and after considering such evidence as it shall fit to revoke such
suspension in which event such suspended member shall be at liberty to renew his or her
membership without being required to pay any enrolment
fee
- The enrolment
fee and the annual fee shall be such as appear from time to time on the
website
- A member
joining or renewing on or before 30th June in any year shall enjoy the full benefit of
membership of the Association from that date until 30th June in the following year and
a member joining or renewing on or before 31st December in any year shall enjoy the
full benefit of membership of the Association from that date until 31st December in the
following year PROVIDED THAT in the event that by reason of the death imprisonment or
incapacity of the member or the insolvency or winding-up of the Association or for any
other reason whatsoever such benefit shall not be enjoyed for the whole of such period
the Association shall be at liberty but shall not be obliged to make to such member
such refund (if any) as the Committee shall think appropriate in the circumstances and
such member shall have no other or further claim on the
Association
- The Association
does not endorse any views expressed or guarantee the accuracy of any information
contained in any presentation or publication or on the website of the Association and a
member making use of such content for any purpose does so at his own
risk.
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