Session details

The New Era of Taxation: how to remain on top in a world in constant evolution

30 Nov - 1 Dec 2017

Hilton Buenos Aires Hotel

Session information

Exchange of information beyond tax: The G7 approach to combating tax and financial crimes
Hilton Buenos Aires Hotel

Committee(s)

Legal Practice Division (Lead)
Taxation Section (Lead)
Taxes Committee (Lead)

Description

The fight against tax crimes, money laundering, financing of terrorism, and bribery and corruption requires a concerted international effort through enhanced inter-agency cooperation, and exchange of information is the key goal of the G7 and the Organisation for Economic Cooperation and Development (OECD). To achieve it, they have indicated their commitment to ensuring access to beneficial ownership for tax authorities, financial intelligence units and law enforcement agencies, and to combating Common Reporting Standards (CRS) circumvention, extending an invitation to the G20 for endorsement of these initiatives. Could this be the foundation for the use of CRS, Country-by-Country and other effective beneficiary registries on matters other than tax? The OECD drive to fight tax crimes, bribery and corruption through enhanced transparency was echoed by the G7’s 2016 London Anti-Corruption Summit and ratified in the G7 Bari Declaration on Fighting Tax Crimes and Other Illicit Financial Flows. Will the G20, under Argentina’s leadership, embrace this initiative? How can corporations and high-net-worth families prepare to cope with such scrutiny? Session Co-Chairs Jonas Bergstein, Bergstein Abogados, Montevideo; Conference Officer, IBA Healthcare and Life Sciences Law Committee Francesco Gucciardo, Aird & Berlis, Toronto Speakers Galia Antebi, Ruchelman, New York City Lucas de Lima Carvalho, TozziniFreire Advogados, São Paulo Carlos Eduardo Molino Diez, Fabrega Molino, Panama City Raul Navarro, Chevez Ruiz Zamarripa y Cia, Mexico City Cesare Silvani, Maisto e Associati, Milan