ITPA Monte-Carlo Meeting, 15-17 March 2009 - Programme @ 31 December 2008

Monte-Carlo 2009

15 – 17 March : Hôtel Hermitage

Programme @ 31st December 2008

Sunday, 15th March
15.00 Registration
18.30 Welcome Reception, hosted by Clariden Leu

Monday, 16th March
Chairman: Milton Grundy

09.00	Anti-avoidance Provisions in Tax Treaties	Mario Petriccione
	Can treaty benefits be denied in cases of tax avoidance? The “beneficial ownership” test Limitation of benefits clauses
	Mechanical v. motive-based tests The US approach LOB clauses in India’s treaty network The way forward
09.40	Money Laundering and Tax Advice	Robert Ham
	Understanding the offence Routine precautions "Suspicion" and its consequences Retaining records
10.20	Coffee
10.50	Symposium: Two OECD Initiatives	Speakers: Jeffrey Owens & Richard Hay Moderator: Richard Pease
	1. The HNWI Project
	Scope of the project - Improving co-operative compliance The consultation process - The way forward
	2. Transparency, Exchange of Information and the Global Economy
	Tax competition - The level playing field Exchange of information with the international financial centres Recent initiatives - TIEAs or DTAs
12.10	Pre-lunch drinks, followed by set lunch
14.30	Discussion Session I
15.10	Tea
15.35	Discussion Session II
16.15	Review of Discussion Sessions
16.45	Close of Day One
18.30	Reception, hosted by *Barclays Wealth*

Tuesday, 17th March
Chairman: Milton Grundy

09.00	Recent Decisions of the ECJ	Krzysztof Kubala
	Exit taxes Freedom of establishment Abuse of law Other issues
09.40	A Fresh Look at India	Roy Rohatgi
	An overview of recent developments in the Indian tax system and regulations Tax planning for doing business with India
	Inbound and outbound investments to and from India Expatriates working in India
	Indian residents investing abroad under the Liberalised Remittance Scheme
10.20	Coffee
10.50	Licensing Through the Netherlands An update	Jan Tiesema
	The Netherlands: a tax Nirvana after all? Graf: although an old case, it is still good for a useful lesson APA/ATR: do we really need one? Dutch tax: the patent income regime
11.30	Does Uncle Sam Strike Again? What we should expect from a Democratic President and majority in the House of Representatives and Senate: -	Stephen Gray
	Higher Federal income taxes - Estate tax reform - Likely Federal VAT or equivalent sales tax Renewed, vigorous attack on offshore - Increased exchanges of information - Increased IRS audits A period of anti-wealth, anti-business sentiment
12.10	Pre-lunch drinks, followed by set lunch
14.30	Discussion Session I
15.10	Tea
15.35	Discussion Session II
16.15	Review of Discussion Sessions
16.45	Close of Meeting