Every year ITSG holds two conferences: a European conference and the worldwide annual conference.
Above is the group photograph from the 2019 world-wide conference held in Dubai, U.A.E.
In 2022 the worldwide conference organized in Valencia, Spain.
The conference is open only to ITSG members and a limited number of invited guests.
Here is a summary of the program for the latest conference in Valencia October 19, 2022.
|Tuesday, October 18, 2022|
||“Pay As You Go” dinner with ITSG colleagues, we will book tables at Panorama, Marina Real Juan Carlos. If you plan to come, please note on your registration form.|
|Wednesday, October 19, 2022|
|9:30 - 11:00 || Session A
||Planning for a U.S. Beneficiary. (A series of mini-case studies on the issues of a family with a member being a U.S. person).
||Latam Group. (For our members in Spain, Portugal and Latin America an opportunity to share ideas and discuss common issues).
|11:00 - 11:30
|11:30 - 13:00|| Session C
||All Things Crypto. (A discussion of emerging tax issues of cryptocurrency, non-fungible tokens, blockchain, etc).
| Session D
||Artists and Entertainers. Discussion of the Shakira case in Spain and tax treatment of NFT payments in sports and entertainment.
|13:00 - 14:00
||LUNCH: La Exposicion III||
||Managing Partners Lunch. Managing partners are invited to a working lunch to discuss the topic:
What makes a good partner?
Others are welcome to listen to the discussion.
|14:00 - 15:00|| Session F
||U.S. Check-the-Box Rules The basic principles are easy, but many traps lie in wait. A discussion of the lesser-known issues and problems that arise).
| Session G
||Expert Witness Work. This is becoming an increasingly important area. How do you get on the bandwagon to benefit. Some experiences and practical tips).
|16:00 - 17:30
||Steering Committee Meeting. For ITSG Steering Committee Members
||COCKTAIL RECEPTION Exposicion Galeria & Pergola
||DINNER Exposicion Galeria & Pergola
|Thursday, October 20, 2022|
||Main Conference Commences|
Introductions and Opening Remarks
|09:10 - 09:40
||Host Country Spain. An overview of the tax system with emphasis on the personal and corporate tax aspects of interest to international clients.
|09:40 - 11:00
||We Are Watching You. Reporting of uncertain tax positions, aggressive tax plans (DAC 6), need for substance in holding companies, big data, register of ultimate beneficial ownership (UBO) and more.
|11:00 - 11:20
|11:20 - 12:00
||How the Ultra-Rich Structure. A look at some examples of structuring techniques by the ultra-rich and the concerns they have. Expect to be surprised by what you hear.
|12:00 - 12:30
||When it Becomes Criminal. Where is the line between aggressive tax planning and criminal activity? |
How is a criminal investigation, prosecution, and defense different from a civil proceeding?
|12:30 - 13:00
||The Alta Energy Case. The Supreme Court of Canada ruled on a tax avoidance case involving a Luxembourg structure. Some interesting points to take away on treaty structures.
|13:00 - 14:00
||LUNCH: La Exposicion III|
|14:10 - 15:00
||European VAT. Often viewed as a poor cousin to income tax, VAT is nevertheless a very important tax. Key aspects of European VAT and important points not to overlook.
|15:00 - 15:40
||Selling a US LLC. What are the US issues on selling a US LLC interest? Possible planning including the so called Up-C structure.
|15:40 - 16:00
|16:00 - 16:40
||Asia Tax Update. A look at important tax developments in Asia.
|16:40 - 17:10
||OPEN SESSION A chance for a delegate to comment on the day’s presentations.
||Buses depart from hotel.
||GALA DINNER .|
Gala Dinner at Los Toros Les Arts, reception and dinner.(Av. del Professor López Piñero,1)
GROUP PHOTO will be taken before dinner at the dinner location.
|Friday, October 21, 2022|
|09:00 - 10:20
||European Tax Update. The always popular fast paced tour of major tax developments in European countries.
|10:20 - 11:00
||Low Tax Jurisdictions – Part I. A look at certain low tax countries in Europe as a move-to destination.
Countries covered inside Europe: Portugal, UK, Switzerland, and Italy.
|11:00 - 11:30
||REFRESHMENT BREAK |
(extra time for check out)
|11:30 - 12:10
||Low Tax Jurisdictions – Part II A look at selected low tax countries outside of Europe. Countries covered: Israel, Barbados, Hong Kong, and Singapore.
|12:10 - 12:30
||About ITSG. A quick presentation about your organization, its history, how it operates and plans for the future.
|12:30 - 13:40
|13:40 - 14:30
||U.S. Tax Update |
A look at important tax developments in the U.S. including what might happen and what so far has not.
|14:30 - 15:50
||The Great Debate |
Arguing the Apple Case.
Counsel has been retained by Apple and the European Commission in the appeal to the Court of Justice of the European Union.
Hear the arguments, then cast your vote.
|15:50 - 16:00
||WALKING TOUR |
A complimentary walking tour of central Valencia (weather permitting).
||INFORMAL DINNER |
(Meet at location)
Carrer de l’Arquitecte Mora, 2, 46010 Valencia