Global Taxes

The ‘new normal’ in taxes for private wealth

Covid-19: the ‘new normal’ in taxes and private wealth

Part 3 of a 4-part webinar series

A webinar presented by the IBA Taxes Committee

17 SEP 2020 1500 – 1630 BST

In this session we will cover, in an interactive way with speakers and attendants, how the tax landscape has evolved during the past months, and how it is expected to evolve in the short and medium-term for private wealth.

The pandemic has had an undoubtful impact on families globally. It has challenged families’ tax residence status and financial investments in free falling, as well as being a threat to the health of their family members, particularly their patriarchs.

The world has become more aware than ever that money needs to be spent in public services, such as: national health systems; online education resources; and job retention policies, and this money mostly comes from taxes. In the future, a zero-tolerance for tax evasion, and even tax avoidance, may come along, together with a very likely increased tax burden – how can we prepare clients for this?

Guadalupe Diaz-Sunico
Lener, Barcelona

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Jose Rubens Scharlack
Scharlack, São Paulo

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Eva Stadler
Wolf Theiss, Vienna

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Francisco Moreira
Bocater, São Paulo

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Sarah Roscioli
McDonald & Kanyuk, New England

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Russel Cohen
Farrer&Co, London

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Diego Olarte
Reyes Abogados, Bogota

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Lucia Rodrigo
Rodrigo Elias & Medrano Abogados, Lima

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Jake Kaplan
Alston & Bird, Atlanta

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Jorge Lopez
Sanchez Devanny, Mexico City

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Inbal Faibish
Goldfarb Seligman & Co, Zurich and Tel Aviv; Scholarship Officer, IBA Private Client Tax Committee

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