Timings:

08.30-09.00

09.00-09.05

09.05 - 09.55

09.55 - 10.40

10.40 - 11.00

11.00 - 11.45

11.45 - 12.45

11.45 - 12.45

11.45 - 12.45

13.45 - 14.30

14.30 - 15.45

15.45

Session:

Registration and welcome coffee Welcome and introduction

Current and future VAT trends in EuropeIt has been another eventful year in the VAT world. This panel session will review the year gone by and also look ahead to future VAT developments at the OECD, EU and national levels.

VAT Action plan The VAT Action plan implementation has just started with the “quick fixes” and will bring more changes in the near future. In this session, we will review how the quick fixes are impacting businesses and will update on coming changes provided in the VAT Action Plan of the European Union.

Coffee Break

VAT audits and disputes in EuropeWe continue to see increased audit activity when it comes to VAT in Europe. Different tax authorities take different approaches, but they are becoming more aligned than ever with increased information sharing and multi-country audits on the rise. How do you best manage the audit process across a number of countries and how do you best resolve any disputes that arise?

Breakout 1 Financial Services Over the past year, various judgments have highlighted the ongoing issues arising out from the application of financial services exemptions and VAT deduction rules for financial services businesses. This breakout session will consider these developments, including the scope of VAT exemptions, the VAT recovery rules applicable on intra-entity supplies and the place of supply regarding offshore structures.

Breakout 2 E-commerceE-commerce is a forever-evolving playground for all sized marketplaces. Fast-paced and full of opportunities, e-commerce is significantly impacted by evolving VAT legislation. During this breakout, we will discuss updates throughout the past 12 months, have an overview of local laws involving e-commerce and marketplaces and study the impact of wider regulations such as landmark cases as well as the broader development in ESS laws globally.

Breakout 3 Customs The ongoing trade wars between the world’s largest economies contribute to the disruption of the operations of multinationals across a wide range of industries. This is the same for Brexit. This presents an opportunity for businesses to assess, modernize and future-proof their supply chains. In the meantime, 2019 has also seen a big change in the Import VAT collection area. This breakout will be a unique opportunity to discuss how customs and import VAT are impacted, connected and linked to multinational strategies.

EU Case Law updateThe European Court of Justice (CJEU) continues to have a significant influence across Europe on the development of VAT law. This session will review some of the key CJEU cases from the last year.

VAT around the worldOur annual review of key VAT developments outside Europe is covered in this session. We will provide a bird’s eye view of what is going on in the Americas and Asia-Pacific and discuss which indirect tax developments have occurred or will occur.

Closing remarks and drinks

Agenda