Addressing the Base Erosion and Profit Shifting Report
February 27, 2013 15:00 GMT
February 27, 2013 16:15 GMT
There is a growing perception around the world that current international tax regimes have not kept pace with developments in the global economy.
In many countries, governments are focusing attention on the potential for loss of tax revenues through international activity that may reduce their corporate tax bases. With support from the G20 and individual finance ministers, the OECD is undertaking a major project on base erosion and profit shifting (BEPS). The OECD has a long history of providing a forum for governments to work together to address cross-border issues of common interest.
On 12 February the OECD released its initial report Addressing Base Erosion and Profit Shifting.This report focuses on identifying the factors and issues related to base erosion and confirms the OECD’s intent to develop a comprehensive action plan for release in July 2013.
Please join a global panel of EY professionals as they discuss the significant transfer pricing and cross border taxation matters addressed in the OECD BEPS report. This interactive dialogue will highlight key areas such as:
- The background to the OECD project
- The key elements of the OECD report
- The direction for the OECD work going forward
- Related activity in countries and regions
Ernst & Young LLP
Barbara is Ernst & Young LLP's leader of Strategic International Tax Policy Services. Based in Washington, DC and a member of the National Tax Department, she advises clients on international tax policy and international tax planning.
Barbara previously served as the International Tax Counsel for the Office of Tax Policy, Department of the Treasury, from 2001 to 2005. In that position, she served as the federal government's principal legal advisor on all aspects of international tax policy, including development of legislation, promulgation of regulations and administrative guidance, negotiation of tax treaties, and representation of the United States in the Organization for Economic Co-operation and Development. Barbara earlier was the Business Tax Counsel for the Congressional Joint Committee on Taxation, with primary responsibility for all international aspects of tax legislation and analysis of tax treaties considered by the Senate.
Barbara received an AB (mathematics and economics), magna cum laude and Phi Beta Kappa, from Dartmouth College. She received a JD, cum laude, from Harvard Law School and an MBA (finance and accounting), with high honors, from the University of Chicago Graduate School of Business. Barbara has been a member of the adjunct faculty in the LLM program at Georgetown University Law Center, teaching the course on tax treaties.
Ernst & Young LLP
Matt is a Partner leading Ernst & Young LLP’s International Tax Services Group (‘ITS’) for the UK and Ireland, providing tax advice to a wide range of UK and foreign-based (mainly US-headquartered) multinational companies. With more than 20 years’ experience, Mat's clients include both inbound and outbound companies across all industries and predominantly in the FTSE 100/Fortune 500. He has a special interest in the oil services sector. He is a leading authority on the UK controlled foreign company laws, having negotiated groundbreaking clearances and rulings with the UK fiscal authority.
Matt earned his Economics and Econometrics degree from the University of Essex.
Ronald van den Brekel
Ernst & Young LLP
Ronald is the Partner leading the transfer pricing (TP) practice for EY Belastingadviseurs LLP. He has worked with many multinationals in TP planning, implementation, risk management, dispute resolution, business restructuring and business model transformation, including setting up centralised supply chains and trading companies. His experience covers a wide range of industries, including oil & gas, utilities, chemicals, pharmaceuticals, high-tech and consumer products. He has advised countries on setting up TP legislation and frameworks, having been a member of various high-profile OECD groups. Ronald had over 20 years of experience as a tax inspector and auditor at the Dutch Tax Administration (DTA) where he was responsible for TP.
Ronald holds graduate degrees from the Erasmus University of Rotterdam (Accounting); the Free University of Amsterdam (IT Auditing), and the University of Tilburg (Tax Economics).
Ernst & Young LLP
Alex leads the International Tax Services (ITS) for the global EY Organization. He is responsible for the world-wide co-ordination of international tax services to clients. In addition to his leadership role, Alex is a senior adviser on international business transactions to diverse clients.
Alex has over 25 years’ experience in ITS, including 12 years in the Netherlands and 12 years in the United States, where he was the Dutch Tax Desk Leader for Ernst & Young LLP and later, its’ overall Desk Leader. In this role, he led many global strategy sessions for Fortune 500 companies. Since leaving New York, Alex has been based in London serving as the first EY organization’s EMEIA, and now Global International Tax Services Leader.
Alex developed and led EY’s worldwide network on International Think Tanks, which research trends and developments in international tax, seeking to anticipate the needs of EY clients.
Alex gained a Masters in Public Finance and Taxation at the University of Groningen in the Netherlands and a Bachelor in Business Administration from the Business School in Groningen.