Nowadays, we are trusted advisors to our clients, living in interesting times where privacy is breached via a multitude of repeated leaks which do not seem to end. These leaks are often organised via individuals and organisations who may or may not intentionally release information to the broad public, information which may affect our clients.

These clients merely seek the use of perfectly legitimate structures within the rule of law. Such breach of privacy should be clearly distinguished from the European Union (EU) obligation to report so-called potentially aggressive tax structures, which entered full force in early 2021.

The panel will discuss the symbiosis between both types of ‘shared information’. The framing of released information versus the legally foreseen yet forced sharing of information on tax advice, which is defined as potentially tax aggressive, will be drawn into a comparison thereby critically focusing on how clients may be advised to react.