EY International Tax Webcast
International tax talk quarterly series with the EY Global Tax Desk Network
Anti-hybrid initiatives and their implications for multinational groups
Jurisdictions around the world are beginning to implement anti-hybrid rules in response to the OECD BEPS Action 2 recommendations.
These rules will create a significant change for multinational groups’ inbound and outbound transactions, by restricting deductions or imputing income under certain circumstances. The rules are aimed at addressing “hybrid mismatches” – situations in which an amount is deductible in one jurisdiction but not taxed in any other, or where an entity is treated as corporate, or opaque, by one jurisdiction but is viewed as fiscally transparent, or a flow-through, by another.
During this webcast we will explain the anti-hybrid rules and explore approaches being taken around the globe. The discussion will also cover how the rules will affect multinational groups, and what multinationals can do to prepare and respond. These changes are fundamental and will require companies, governments and advisors to be both aware of and responsive to the new rules.
During this live, interactive webcast, you will have the opportunity to ask questions through the website, and the panelists will answer as many of your questions as time permits.
This program will likely be of interest to vice presidents/directors of tax/international tax, directors of finance, CFOs, international tax managers and tax accountants looking for the latest practical information and planning ideas to support their global business initiatives. We hope you will be able to join us.
- Simone Admiraal, Ernst & Young LLP, Netherlands Tax Desk, International Tax Services
- David Burns, Ernst & Young LLP, Australia Tax Desk, International Tax Services
- James Taylor, Ernst & Young LLP, UK Tax Desk, International Tax Services
- Terry J. McDowell, Ernst & Young LLP, International Tax Services, National Tax