| Day 1 |
| 08.00 – 20.00 |
Registration |
| 10.00 – 10.15 |
Welcome to the Conference |
| Session |
| PROPOSED DIRECT TAX CODE IN INDIA - An Update (A panel
presentation)
|
| Chairman |
Dinesh Kanabar, KPMG, India |
| 10.15 – 13.00 |
Presentations and discussion on the proposed Code. Panel speakers include R. N. Dash, Director General of International Taxation, India, and Sunil Gupta and Ashutosh Dikshit, Commissioners of Taxes, India (members of the Direct Tax Code Task Force in India). Other panelists: Shefali Goradia (Tax Partner, BMR Advisors, India), Akil Hirani (Managing Partner, Majmudar & Co., India), Nihar Jambusaria (Head of Tax, BDO, India), Dev Joory (Director, International Financial Services, Mauritius) |
| 13.00 – 14.00 |
Lunch |
| Session |
| INTERNATIONAL TAX STRUCTURING FOR INVESTING ABROAD |
| Chairman |
Nishith Desai, Founder, Nishith Desai Associates, India |
| 14.00 – 14.30 |
Shanker Iyer, Chairman, The Iyer Practice, Singapore
Investing in and through Singapore |
| 14.30 – 15.00 |
Stephen W. Bowman, Partner, Bennett Jones LLP, Canada
Investing in Canada |
| 15.00 – 15.30 |
Veerinderjeet Singh, Managing Director, Tax and Malaysia Sdn. Bhd.
Investing in Malaysia |
| 15.30 – 16.00 |
Girish Vanvari, Partner, KPMG, India
Investing in and out of India - Recent Developments |
| 16.00 – 16.30 |
NataschaScholten, Director, TMF Group, United Kingdom
Tax Advantages of a Foreign Listing |
| Session |
| INDIRECT TAXATION DEVELOPMENTS |
| Chairman |
Satya Poddar, Partner, Ernst & Young, India |
| 14.00 – 14.15 |
Satya Poddar, Session Chairman
Overview of the proposed GST in India |
| 14.15 – 14.30 |
Rajeev Dimri, Head- Indirect Taxation, BMR Advisors, India
Treatment of Cross-border Transactions |
| 14.30 – 14.45 |
Chris Needham, Global VAT/GST Leader, General Electric (UK)
Planning for GST Implementation |
| 14.45 – 15.00 |
Piet Vandendriessche, Deloitte Global Indirect Tax Leader,
Belgium
India's proposed GST system-Some of the Issues and Challenges |
| 15.00 – 16.00 |
Panel Discussion on "Issues and Controversies in Design of GST in India" led by Satya Poddar with conference speakers Bela Sheth-Mao (Shell India) and central and state government officials in India |
| 16.00 – 16.30 |
Discussion & Questions |
| 16.30 – 17.00 |
Tea Break |
| Session |
| SPECIAL PRESENTATION |
| Chairman |
Kiran Umrootkar, Finance Director, Jacobs Engg., India |
| 17.00 – 18.00 |
Jersey Finance:
Richard Teather, International tax expert on Offshore Financial
Centres
Jersey: Designing a GST
Sean Costello, Chief Representative Officer, GCC & India, Jersey
Finance
Jersey: international tax structuring for overseas investing
Patrick Crowley, Country Executive Head, ABN AMRO Bank
N.V. Jersey
Jersey: A gateway to enhanced wealth management |
| 18.00 – 18.30 |
Richard Pease, Solicitor and Counsel, Lenz & Staehelin, Geneva, Switzerland
The World of the Society of Trust and Estate Practitioners (STEP) |
| 18.30 – 19.00 |
Mauritius:
Rama Sithanen, Chairman, International Fiscal Services,
Mauritius and Deputy Prime Minister and Minister of Finance
and Economic Development: 2005 - 2010
Mauritius: An efficient gateway and hub for investment in Africa
Harvesh Seegolam, Senior Investment Advisor, Board of Investment, Mauritius
Mauritius: A Financial Centre of Excellence |
| 19.00 – 22.30 |
Networking Dinner (Supported by Jersey Finance) |
CONFERENCE PROGRAMME – 2011
Friday, December 2, 2011 - ITC MARATHA |
| Day 2 |
| Session |
| INTERNATIONAL TAX ANTI-AVOIDANCE RULES |
| Chairman |
Sohrab Dastur, Senior Advocate, India |
| 10.00 – 10.15 |
Welcome to Plenary Sessions |
| 10.15 – 10.55 |
"Klaus Vogel" Speaker: Reuven Avi-Yonah, Irwin I. Cohn
Professor of Law, University of Michigan Law School, United
States
Current Global Scenario in Anti-avoidance Rules |
| 10.55 – 11.30 |
Harry L "Hank" Gutman, Director, KPMG Tax Governance
Institute, United States
Anti-avoidance and Taxpayers' Rights |
| 11.30 – 12.05 |
Philippe Martin, Tax Judge, France
Anti-avoidance - A Judicial View |
| 12.05 – 12.40 |
Discussion & Questions |
| 12.40 – 13.00 |
Session Chairman's Remarks and Questions |
| 13.00 – 14.00 |
Lunch |
| Session |
| INTERNATIONAL TAX ANTI-AVOIDANCE IN PRACTICE AND TAX TREATIES |
| Chairman |
Ketan Dalal, Joint Head of Tax, PricewaterhouseCoopers, India |
| 14.00 – 14.30 |
Brian Cleave, UK Barrister and former Chief Solicitor (Inland Revenue), United Kingdom
Judicial Anti-avoidance Practice |
| 14.30 – 15.00 |
Stef van Weeghel, PricewaterhouseCoopers and Professor of International Tax Law, University of Amsterdam, The Netherlands
General Anti-avoidance Rules |
| 15.00 – 15.30 |
Luc De Broe, Professor and Partner, Laga (a Deloitte affiliated
fiscal law firm), Belgium
Specific Anti-avoidance Rules |
| 15.30 – 16.00 |
Sanjay Kumar Mishra, Joint Secretary, Finance Ministry, India
Anti-avoidance Rules and Tax Treaties in India |
| 16.00 – 16.30 |
Discussion and Questions |
| 16.30 – 17.00 |
Tea Break |
| 17.00 – 18.00 |
Joint Panel Session - I : Are treaty overrides under anti-avoidance rules in domestic tax law justified? Discussion session with selected speakers and delegates chaired by
Roger
Wheeler, (former Tax Head - General Motors).
Other panelists:
Michael Lennard, Carol Dunahoo, Sanj ay Kumar Mishra & Reuven Avi-Yonah |
| Session |
| SPECIAL PRESENTATION |
| Chairman |
Kiran Umrootkar Finance Director, Jacobs Engg., India |
| 18.00 – 18.30 |
Guernsey Finance, Jonathan Hooley
Thriving as a compliant Jurisdiction |
| 18.30 – 19.00 |
Mauritius: Richard Arlove, Managing Director, Abax Corporate Services, Mauritius
Mauritius: Gateway to Africa's Renaissance |
| 19.00 – 22.30 |
Networking Dinner (Supported byGuernsey Finance) |
CONFERENCE PROGRAMME – 2011
Saturday, December 3, 2011 - ITC Maratha |
| Day 3 |
| 09.00 – 10.30 |
Joint Panel Session - II: Anti-avoidance Rules - Role of the Judiciary. A panel discussion led by Mukesh Butani (Managing Partner, BMR Legal, India) and coordinated by Roger Wheeler (former Tax Head - General Motors) with Harry "Hank" Gutman, Director, KPMG Tax Governance Institute as Chairman. Other panelists: Philippe Martin, Brian Cleave & R. N. Dash |
| 10.30 – 11.00 |
Coffee Break |
| Option One |
| INTERNATIONAL TAX DEVELOPMENTS |
| Session |
| RECENT DEVELOPMENTS IN THE UNITED NATIONS MODEL TREATY |
| Chairman |
Pranav Sayta, Partner, Ernst & Young, India
(Coordinated by Michael Lennard) |
| 11.00 – 11.45 |
Michael Lennard, Chief, International Tax Cooperation and Trade Section, United Nations, New York
The Revised United Nations Model Tax Convention |
| 11.45 – 12.45 |
Panel Discussionon "Role of UN Model and its Commentaries"
Panelists: Michael Lennard, T. P. Ostwal, Toshio Miyatake & Carol Dunahoo |
| 12.45 – 13.00 |
Discussion and Questions |
| 13.00 – 14.00 |
Lunch |
| Session |
| SOME RECENT INTERNATIONAL TAX DEVELOPMENTS |
| Chariman |
M. Lakshminarayanan, Head of Tax, Deloittes, India |
| 14.00 – 14.30 |
Nordine Bensouda, General Treasurer, Ministry of Economy and Finance, Morocco
Developments in Africa |
| 14.30 – 15.00 |
Philippe Malherbe, Professor and Advocate, Belgium
Developments in Europe |
| 15.00 – 15.30 |
Miguel Valdes, Machado Associados, Lawyers, Brazil
Developments in Latin America |
| 15.30 – 16.00 |
Kyung Geun Lee, Partner, Yulchon, Korea
Developments in Asia (re Korea) |
| 16.00 – 16.15 |
Kaushik "Kim" Desai, Principal, Chown Dewhurst LLP, United Kingdom
Proposed UK Statutory Definition of Tax Residence |
| 16.30 – 17.00 |
Discussion & Questions |
| 16.30 – 17.00 |
Tea Break |
| Option Two |
| TRANSFER PRICING |
| Session |
| TRANSFER PRICING TRENDS(Coordinated by Caroline Silberztein) |
| Chairman |
Uday Ved, Partner, KPMG, India |
| 11.00 – 12.40 |
Transfer pricing: what are the pressure points?
Session led by Caroline Silberztein.
Panelists: Marc Levey, Shanto Ghosh, Sanjay Kumar Mishra and Michelle Levac |
| 12.40 – 13.00 |
Discussion and Questions |
| 13.00 – 14.00 |
Lunch |
| Session |
| TRANSFER PRICING: COUNTRY EXPERIENCES |
| Chairman |
Shyamal Mukherjee, Partner, PricewaterhouseCoopers, India |
| 14.00 – 14.30 |
Canada - Michelle Levac, Transfer Pricing Specialist, Canada Revenue Agency, Canada |
| 14.30 – 15.00 |
U.S. - Marc Levey, Partner, Baker & McKenzie, United States |
| 15.00 – 15.30 |
Europe - Monique van Herksen, Partner, Ernst & Young, The Netherlands |
| 15.30 – 16.00 |
Japan - Toshio Miyatake, Partner, Adachi, Henderson, Miyatake & Fujita, Japan |
| 16.00 – 16.30 |
India - Rashmi Saxena Sahni, Commissioner of Income Tax, India |
| 16.30 – 17.00 |
Tea Break |
| Joint Final Session |
| 17.00 – 18.00 |
Question and Answer session with the Transfer Pricing Directorate, Government of India, chaired by the Director General of Income Tax (International), India and coordinated by Rashmi Saxena Sahni, Commissioner Income Tax, India |
| 18.00 – 18.55 |
Panel Discussion - Recent International Taxation Developments in India - A panel discussion with selected conference speakers and delegates chaired by T. P. Ostwal (Partner - T P Ostwal & Associates, India). Other panelists are M.Parasaran, Uday Ved, Bijal Ajinkya, Jairaj Purandare & S. Mahalingam. The session will be moderated by Abha Bakaya of Bloomberg UTV, India for broadcast on their channel in India. |
| 18.55 – 19.00 |
Concluding Remarks |
