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CONFERENCE PROGRAMME
International Taxation Conference - 2017
THEME :IMPLEMENTATION OF BEPS
ROLE OF MULTILATERAL INSTRUMENT (MLI) AND TRADITIONAL APPROACHES

DAY ONE: DECEMBER 7, 2017 (THURSDAY)
08.00 – 20.00 Registration
08.45 – 09.15 Opening Remarks: Conference Director (Roy Rohatgi)
09.15 – 09.45 Welcome: International Bureau of Fiscal Documentation, Director of Knowledge Centre, (Belema Obuoforibo)
09.45 – 10.00 Break
Plenary Session:
Multilateral Instrument (MLI) under BEPS
Chairman Sohrab Dastur, Senior Advocate, India
10.00 – 10.30 Porus Kaka, President - International Fiscal Association Worldwide
Special Address
10.30 – 11.15 "Klaus Vogel" Speaker: Pascal Saint-Amans,Director, Centre for Tax Policy and Administration, OECD, Paris MLI under BEPS in Action: Challenges and Opportunities (with questions)
11.15 – 12.15 Maikel Evers,Counsellor - BEPS Coordinator, OECD, Paris &Gita Kothari, Senior Legal Advisor, OECD, ParisAn Overview: Some Early Legal and Operational Experiences with MLI under Inclusive Framework & Positions taken by Countries so far since June 7, 2017
12.15 – 12.45 Mukesh Butani,Managing Partner, BMR Legal, India India as a Signatory on Multilateral Instrument: Some Observations
12.45 – 13.00 Sohrab Dastur, Session Chairman - Concluding Remarks
13.00 – 14.00 Lunch
Plenary Session: Afternoon
Chairman Jan Maarten Slagter,Chief Executive Officer, International Bureau of Fiscal Documentation, The Netherlands
14.00 – 14.30 Jefferson Vandervolk,Head of Transfer Pricing and Tax Treaties, OECD Paris, Use of Profit Split Methods for Transfer Pricing under BEPS Action 8-10 as an alternative to Arms - Length Principle approach
14.30 – 15.00 Monica Bhatia,Head of Global Forum Secretariat, OECD, Paris International Financial Centres and Exchange of Information (including Beneficial Ownership) on request or on automatic exchange
15.00 – 15.30 David Spencer,International Tax Lawyer and former Senior Advisor of Tax Justice Network, USA BEPS and Allocation of Taxing Rights: Current Global Shift from Residence towards Source Taxation!
15.30 – 16.00 Jeffrey Owens, Professor & Director of Global Tax Policy Center, WU Austria (former Director, OECD Paris, and FIT Conference Keynote Speaker 2015) Role of Tax Certainty in Promoting Sustainable and Inclusive Growth and preventing Unacceptable Tax Avoidance
16.00 – 16.30 Victor von Kommer, Tax Services Director, International Bureau of Fiscal Documentation, The Netherlands Tax Policy and Administration: Some Recent Developments under BEPS
16.30 – 16.45 Jan Maarten Slagter, Session Chairman - Concluding Remarks
16.45 – 17.00 Break
Plenary Session:
Late Afternoon (Option A)
Chairman Kees van Raad, Professor at Leiden University, The Netherlands
17.00 – 19.00 What are the key challenges in the drafting and implementation of a single Multilateral Instrument for over 100 countries to comply with BEPS Recommendations? (Examples: What is the status of BEPS Reports in international law and domestic law? How can Courts in different countries be bound to an agreement that gives them economic substance without domestic legal substance? What are the key issues arising from MLI to date). Panel Discussion led by Daniel Erasmus,South Africa & USA. Panelists:Mukesh Butani,India - Shefali Goradia, India - Gita Kothari,OECD, Paris - Rajesh Ramloll, Mauritius -Pascal Saint-Amans, OECD,Paris.
Plenary Session:
Late Afternoon (Option B)
Chairman Vijay Mathur, Senior Tax Advisor, PricewaterhouseCoopers Pvt. Ltd., India
17.00 – 19.00 What is the likely Impact of MLI under BEPS on Developing Countries today and in future? Has BEPS Changed the Allocation of Taxing Rights under OECD Model Treaties in their favour? Does it also give effect to Economic Substance over Form principle? Panel Discussion led by Jairaj Purandare, - India. Panelists: K R Girish, India - Sushil Khushiram, Mauritius -Belema Obuoforibo,IBFD, The Netherlands - Sol Picciotto, UK - Akhilesh Ranjan, India - Rajesh Simhan, India - Parthasarathi Shome, India - DavidSpencer, USA.
19.00 – 22.00 Networking Dinner

DAY TWO: DECEMBER 8, 2017 (FRIDAY)

Plenary Session:
BEPS in India Impact on Indian Tax Policy and Objectives
Chairman Dinesh Kanabar, Founding Partner, Dhruva Advisors LLP, India
09.00 – 09.15 Session Chairman's Introductory Remarks
09.15 – 09.45 Akhilesh Ranjan,Principal Chief Commissioner of Income-tax (International), India Multilateral Instrument - Indian Experience: Challenges and Opportunities
09.45 – 10.15 Parthasarathi Shome,Director,ITRAF, India Recent Developments in Indian Tax Laws, Policy and Practices under BEPS and their Implementation Issues
10.15 – 10.30 Break
10.30 – 12.00 BEPS and Indian Tax Policy, Practice and Compliance Panel Discussion led by Nishith Desai - Vipul Jhaveri - Milind Kothari - Vijay Mathur - Gautam Mehra - Bobby Parikh - Pragya Saksena - Pranav Sayta - Girish Vanvari - Uday Ved - (all from India)
12.00 – 12.30 Rajat Bansal Competent Authority, Government of India
BEPS Recommendations and Compliance by India - Current Status and Future Plans
12.30 – 13.00 Discussions and Questions followed by comments from Akhilesh Ranjan and Parthasarathi Shome
13.00 – 14.00 Lunch
Session:
Global Impact of BEPS and Its Future (Option A)
Chairman Nishith Desai, Founder, Nishith Desai Associates, India
14.00 – 16.00 G S Pannu, Member, Income-tax Appellate Tribunal, India Transfer Pricing under BEPS Actions 8-10 - Recent Developments in Formulary Approach and Profit Split Methods
Panel Discussion introduced by Anis Chakravarty, India and led byJefferson Vandervolk,OECD, Paris. Panelists: Ashish Kumar ,India -Vijay Iyer ,India-Marc Levey, USA -Amar Mehta,Canada - Rohan Phatarphekar ,India - Sanjeev Sharma ,India - Sanjay Tolia ,India - Kamlesh Varshney ,India.
Session:
Tax and Treaty Compliance under BEPS (Option B)
Chairman Vipul Jhaveri,Head of Tax, Deloitte, Haskins & Sells LLP, India
14.00 – 16.00 The UN and OECD approach to BEPS issues and related Allocation of Taxing Rights and an Overview of the Recent Developments in the UN Model on Taxation of Services and Transfer Pricing Panel Discussion led by Radhakishan Rawal, India. Panelists: Rajat Bansal, India - Rahul Garg, India - Vladirim Gidirim,Russia - Milind Kothari, India - Ignatius Mvula , (UN Tax Committee) - Annet Oguttu ,South Africa - Rajesh Ramloll,Mauritius - Pascal Saint-Amans,OECD, Paris
16.00 – 16.30 Discussion and Questions
16.30 – 17.00 Tea Break
Session
Late Afternoon (Option A)
Chairman Belema Obuoforibo, Director of Knowledge Centre IBFD, The Netherlands
17.00 – 19.00 Action 6: Principal Purpose Test vs Limitation of Benefits to counter Abuse of Tax Treaties: A Comparison. Panel Discussion led by Uday Ved, India. Panelists: Kuntal Dave, India - Gautam Doshi, India - Maikel Evers, OECD, Paris - Sunil Gupta, India - Akshay Kenkre, India - Michael Kobetsky, Australia - Mahesh Kumar, Singapore- T P Ostwal, India
Session
Late Afternoon (Option B)
Chairman Satya Poddar,Senior Advisory, Tax Policy, Ernst & Young, India
17.00 – 19.00 Goods and Services Tax in India - What lies ahead Panel Discussion led by Sachin Menon,India. Panelists: Prashant Bhatnagar, India Prashant Deshpande, India - Bhavna Doshi, India - Sujit Ghosh, India - Bela Sheth Mao, India - Rohan Shah, India.
19.00 – 22.00 Networking Dinner

DAY THREE: DECEMBER 9, 2017 (SATURDAY)

Session
Tax Dispute Resolution (Morning)
Chairman Mukesh Butani, Managing Partner, BMR Legal, India
09.00 – 10.15 Tax Disputes under Domestic and International Laws involving MAP and/or Multilateral Instrument under BEPS (Actions 14 & 15): An Update comparing MLI, EC Proposed Directive and the UN Approach using mediation, arbitration, alternative dispute resolution mechanism and technology to curb tax "avoision". Discussion led by Mukesh Butani in the presence of R V Easwar,Former Judge, High Court of Delhi, Ex-Officiating President, ITAT. Panelists: Rajat Bansal, India - Carol Dunahoo, USA - Pramod Kumar, India - Gita Kothari, OECD, Paris - Jeffrey Owens, UK - Pragya Saksena, India - Ajay Vohra, India.
10.15 – 10.30 Concluding Remarks by R V Easwar
10.30 – 11.00 Break
Session
Tax and Treaty Conflicts (Option A)
Chairman Pranav Sayta, National Partner, Ernst & Young, India
11.00 – 13.00 An update on Digital Economy under BEPS Action 1 Presentation on "An Overview of Blockchains and Bitcoins" by Shikha MehraIndia followed by discussion on related tax and operational issues led by Padamchand Khincha, India. Panelists: Clive Baxter, Denmark - Shikha Mehra, India - Meyyappan N, India - Joao Nogueira , IBFD, The Netherlands -Sol Picciotto, UK - Rashmin Sanghvi, India - Rohinton Sidhwa, India - Vinay Singh, India
Session
Global Impact of BEPS and Its Future (Option B)
Chairman Jeffrey Owens, Professor & Director of the Global Tax Policy Centre, WU, Austria
11.00 – 13.30 An Overview of Extraterritorial Operation and Extraterritorial Legislation (including Retrospective Legislation): How have Multinational Enterprises and Countries addressed them in (a) North America (b) Europe (c) Asia excluding India (d) India (e) Africa (f) Rest of the World? Panel Discussion led by Arvind Datar,India. Panelists: Gokul Chaudhri,India -Imke Gerdes,USA -Pramod Kumar,India -Annet Oguttu,South Africa -Rajesh Ramloll,Mauritius -Rachel Saw,Malaysia -Kees van Raad,The Netherlands
13.00 – 14.00 Lunch
Session
Session: Minimum Standards under Action 5 & 6 (Option A)
Chairman David Spencer, International Tax Lawyer, United States
14.00 – 15.15 Actions 5 & 6: Harmful Tax Competition and Abuse of Tax Treaties Discussion topics include tax provisions that prevent harmful tax competition and grant of treaty benefits in inappropriate circumstances. Panel discussion led by Rahul GargIndia Panelists: Aladesawe Adeyemi, Nigeria - Pranay Bhatia, India -H. Gangadharan, India - Akshay Kenkre, India -Mahesh Kumar, Singapore -Rajesh Ramloll,Mauritius -Sanjay Tolia,India
Session
Artificial Avoidance of Permanent Establishment Status under Action 7 (Option A)
Chairman Gautam Doshi, Group Managing Director, Reliance ADAG India
15.15 – 16.30 Action 7: Dependent Agent Permanent Establishment: Is it a Permanent Establishment?followed bygeneral discussionon discussiononDoes Permanent Establishment as a Tax Concept have a future in an increasingly source-based tax world today? Panel discussion led by Bijal Ajinkya, India. Panelists:Nihar Jambusaria, India - Richard Nunn, Jersey - Rajesh Simhan , India- Ashwani Taneja ,India.
Session
Transfer Pricing Developments (Option B)
Chairman T P Ostwal, Managing Partner, T P Ostwal Associates LLP, India
14.15 – 15.15 Exchange of Tax Information with Transfer Pricing Documentation under BEPS - Some Issues and Comments under Action 13.Session led by Sanjiv Malhotra, India. Panelists: Monica Bhatia,OECD, Paris -Nishana Gosai, South Africa - Sunil MLala, India - Rahul K Mitra , India- Rahul Navin ,India - Zara Ritchie ,Australia -Himanshu Sinha ,India
Session
General Anti-Avoidance Rules: in India (Option B)
Chairman Parthasarathi Shome,Director, ITRAF, India
15.15 – 16.30 New General Anti-Avoidance Rules (GAAR) in India as from April 2017: Some CommentsSession led by PVSS Prasad, India. Panelists: Pranay BhatiaIndia -Graeme Cooper, Australia - Bhavna Doshi, India - Hariom Jindal, India- Ernie Lai ,South Africa - Sol Picciotto ,UK
16.30 – 17.00 Break

Joint Final Session: Taxpayer's Rights and Responsibilities post BEPS

Chairman Pascal Saint Amans, Director, OECD, Paris
17.00 – 18.00 Impact of BEPS on Taxpayer's Rights and Responsibilities Session led by Rajesh Simhan India. Panelists: Vipul Jhaveri, India - Michael Kobetsky, Australia - Victor von Kommer , IBFD, The Netherlands -Sunil M Lala, India -Marc Levey, USA -Rajesh Ramloll, Mauritius - Vijay Mathur, India
Special Session
Block Chain and Open Ledger Technologyand International Taxation
Chairman Clive Baxter, Tax Director, Maersk Lines, Denmark
18.00 – 18.30 Topic: How Blockchains and Bitcoins work and what is the likely impact on international tax rules of the future? (Expert Speaker to be decided)
18.30 – 19.00 Concluding Remarks and Questions: Pascal Saint-Amans(OECD) Jan Maarten Slagter (IBFD) Roy Rohatgi (FIT)
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