Norbert Neu, Chairman of the International Tax Committee

Slide 2 © DHPG 2006

Your Tax Committee

• Norbert Neu, chairman (Germany)• Rajesh Sharma, member (UK) • Ton Krol, member (The Netherlands)• Luis Rafael Normey, member (Uruguay)• Jonathan Bicher, member (Canada)• Dennis Tomaras, member (Australia)

Slide 3 © DHPG 2006

Responsibilities and Objectives

• Training• Marketing• Technical services• Regional responsibilities• Sub-Committees and task forces

Slide 4 © DHPG 2006

Existing task forces – status quo

• Transfer Pricing (Rajesh Sharma)• Remuneration Planning (Inez Anderson)• Holding companies (Chris Curmi)• Real Estate (Norbert Neu)

Slide 5 © DHPG 2006

Existing task forces - results

• TRANSFER PRICING: Analysis about transfer pricing rules in various jurisdictions, available in members’ area of Nexia website

• REMUNERATION PLANNING: Questionnaire about skills in various countries; results still to be published

• HOLDING REGIMES: Detailed analysis about legislations in EU- and Non-EU-jurisdictions, available in members’ area of Nexia website

• REAL ESTATE: Brochure as a marketing tool; electronic versions available in the public area of Nexia website

Slide 6 © DHPG 2006

Tax Link

• Quarterly publication• Newsletter comprising contributions from

several countries• PDF-file• Especially for members, but for (potential)

clients as well• Contributions of members highly

appreciated!!

Slide 7 © DHPG 2006

Strategy of Nexia International as outlined by Gareth Pearce in Lisbon- the tax perspective (1) -

Strategy The Tax perspective

Continue growth in international membership

- United States (New York)- Eastern Europe

Strengthen existing representation

- Lack of specialization in tax matters- TC tries to help by identifying expert teams and by fostering exchange of information

Work towards common standards

- Apart from quality standards not as crucial as for audit work at the moment- Will become more important (e.g. multinational DD)

Slide 8 © DHPG 2006

Strategy of Nexia International as outlined by Gareth Pearce in Lisbon- the tax perspective (2) -

Strategy The Tax perspective

Identify services with international appeal

- Tax compliance for multinationals audited by Big-4-firms- One-stop-only services for expats of multinationals in cooperation with relocation and insurance companies- Client care meetings- Health check on international structures

Encourage use of Nexia name

- Belonging to an international network crucial in picking up interesting clients

- Use of Nexia name for international tax work very helpful, but probably not as relevant as for audit work

Improve internal and external communication

- understanding of terms and of foreign tax concepts- relevance of Tax Meetings and Tax Conferences- Improvement of responsiveness of members

Slide 9 © DHPG 2006

Last Tax Conference: Geneva, Switzerland

- topics -

• Understanding Tax Treaties• Real Estate Investment Trusts (REITs)• Decisions of the European Court of Justice• Hot topics• Country presentations• Young partners’ presentations

Slide 10 © DHPG 2006

Last Tax Conference: Geneva, Switzerland

- format -• Two full days instead of three days• Feed back:

In favor of old format (3 days) 7 delegates 27 %

In favor of new format (2 days) 15 delegates 58 %

Indifferent 4 delegates 15 %

Total 26 delegates 100 %

Slide 11 © DHPG 2006

Next Tax Conference:Sydney, Australia

• 31.5. – 2.6.2007• Concept as in Geneva, but 3 days• Focus on topics, which are relevant in this

region

Slide 12 © DHPG 2006

SEE YOU IN

S Y D N E Y!