IBA Annual Conference Copenhagen 2026

4 Oct - 9 Oct 2026

Session information

Doomsday planning: what to do when your home jurisdiction becomes unstable

Wednesday 7 October (1115 - 1230)

Committee(s)

Private Client Tax Committee (Lead)

Description

Private clients are often confronted with scenarios where political and economic instability in their home jurisdiction leads to a deterioration in legal, tax, and regulatory certainty. “Doomsday planning” in this context refers to the pre-emptive structuring undertaken to preserve flexibility and optionality when such conditions arise, with a focus on maintaining control over where assets are held and how they can be moved if circumstances change.

In certain regions, clients and their advisors seek to put in place contingency plans well in advance of any actual deterioration, often informed by past domestic experience or developments in neighbouring jurisdictions. These plans typically involve the ability to relocate or reallocate assets across jurisdictions through appropriate holding structures, including corporate and trust arrangements designed to facilitate mobility and resilience under stress.

In more advanced cases, planning extends beyond asset structuring to include the coordinated relocation of the client and their family, aligning changes in tax residence and personal mobility with the underlying movement of wealth structures. The discussion will also consider the associated tax implications of such strategies, as well as the role of international arbitration frameworks in protecting underlying investments in cross-border scenarios.
 

Session / Workshop Chair(s)

Álvaro Checa Rodríguez Kinship, Madrid, Spain; Latin American Regional Forum Liaison Officer, Private Client Tax Committee
Maria De Carcer Cariola Diez Perez-Cotapos, Santiago, Chile

Speakers

Paloma Carrasco B. Cremades y Asociados, Fuente el Saz de Jarama, Spain
Andres Gonzalez Martínez Quintero Mendoza González Laguado & De La Rosa, Bogota, Colombia
Jan Hansen Hansen TaxLegal, København K, Denmark