Agenda Day 1, November 20, 2024:   (see Agenda Day 2)     (back to Event Summary)

(time zone used is Central European Time)

08.30 – Registration and Coffee

09.00 - Opening Remarks from the Chair

09.20 – Developments in AI from the View of the Tax Administration, and Outlook to the Future

·        Digitalisation goals in overall and use of AI as a part of those

·        Current use cases in selected countries

·        Current legal framework and use cases

·        Ethical principles

·        Potential use cases for AI in the near future

·        Outline for AI-based tax administration

o    Legislative needs

o    Boundaries and integrity issues

Sami Koskinen, Director, Stakeholder Relations, Finnish Tax Administration

10.00 –How Tax Technology Helps Tax Departments to be Ready for the Future

·        Tax to the future

·        Current challenges and struggles of (multinational) companies

·        How can Tax technology help in controlling all your global tax advisory, tax compliance and corporate documents

Ruben van Aarle / CEO - Co-Founder, Keeyns

10.40 – Tax Risk Insurance: Harness Tax Liability Insurance for Tax and Transfer Pricing Certainty

·        Growing trend: tax insurance vs. traditional approaches

·        When insurance can be a solution for tax / transfer pricing risks?

·        Tax risk insurance process and timelines

·        Benefits of insuring for a transfer pricing risk

·        How to value/quantify the risk and determine an appropriate insurance premium?

·        Practical experiences

Chair: Rezan Okten, Partner – Transfer Pricing, Dentons Europe LLP

Jurjen Bevers, Partner – Co-head of Europe Tax, Dentons Europe LLP

Sebastian Frankenberg, Counsel – Head of Valuation Services, Dentons Europe LLP

Jakob (Kuba) Grabarz, Director, Howden

Tom Pygall, Co-Head of Tax (Europe), Acquinex

11.20 - Morning Coffee and Networking

11.50 – ESG in Corporate Tax

·         Responsible Tax Management, Transparency and Different Stakeholders

·        Transparency – key or a detail in responsible tax management?

·        Having an open approach with transparency in our dialogue with governments around the world

·        What detail about your tax model should be shared?

Wilbert Huijbens, Global Tax Reporting Manager, Shell

Lex van der Zande, Global Tax Lead Treasury and Insurance & Tax Technology Lead, Shell

12.30 –Digitalisation of Taxation & Tax Automation

·         Road to automated tax processes

·         Impact on reporting

·         Operationalizing and automating tax controls

·         Enhanced collaboration based on mutual benefits with the internal and external stakeholders of in-house tax

·         Improve tax compliance processes for data collection and reporting requirements

·         Cross-governmental and business cooperation

·         Developments in OECD, EU

Joe Power, Senior Director Tax Transformation and Technology, Medtronic

13.10 – Lunch

14.10 - Practical Experiences during the Process of Bilateral APAs or MAPs

·        The use of MAPs and APAs:  insights and best practices

·        Overview and update of unilateral APAs

·        Overview and update of bilateral APAs

Renata Ardous, Head of Global Corporate Tax (TP and International Tax), Chanel

14.50 – Best Practices in Managing Global Transfer Pricing Documentation

Lennart van den Kommer, Transfer Pricing Adviser & Co-founder, TP Tuned

15.30 – Transfer Pricing Controversy & Audit Risks

·         TP risk management strategies and recommendations

·         The use of MAPs and APAs:  insights and best practices

·         Dealing with discrepancies in TP reporting (for example versus customs)

·         Dealing with audits:  having your inter-group data and information ready to effectively defend your position

Catherine Harlow, Head of Transfer Pricing, AstraZeneca

16.10 – Afternoon Coffee and Networking

16.40 – panel: Tax and Transfer Pricing Dispute Resolution Strategies

·         The Dispute Resolution Directive

·         TP dispute resolution through MAPs

·         Other dispute resolution mechanisms that may be effective

·         Reducing time spent on disputes

·         Practical experiences shared

Erik Knijnenburg, Global Head of Tax & Transfer Pricing, H&M

Catherine Harlow, Head of Transfer Pricing, AstraZeneca

Johann Muller, Senior Transfer Pricing Expert

Rezan Okten, Partner – Transfer Pricing, Dentons Europe LLP

17.20 - How to Arrive at the Right Transfer Pricing Model for your Business – a Practical View on the Process

·         When does the business need a new TP model?

·         Identify transactions involved and identify the economically relevant characteristics –  be humble with your pre-gained knowledge, you might think you know the business but what if you don’t?

·         Interview, gather information, be curious – look beyond the obvious

·         Functions performed, assets used, risks assumed, ie. the FAR analysis

·         Aim: The accurately delineated transaction is recognised.

·         Lastly, a few words on the selection of the transfer pricing method

Kristina Hietala Juth, Head of Transfer Pricing, Wartsila

18.00 – Closing Remarks, End of Day 1, Reception

 (see agenda Day 2)     (back to Event Summary)