conference_presentation_2013

DECEMBER 5-7, 2013
ITC MARATHA HOTEL, MUMBAI

CONFERENCE PROGRAMME – 2013
Thursday, December 5, 2013 – ITC MARATHA

Day 1
08.00 – 20.00	Registration
09.30 – 09.45	Opening Remarks – Conference Director
Chairman	Sohrab Dastur, Senior Advocate, India
Session
PLENARY SESSION : INTERNATIONAL TAX AND TREATY CONFLICTS
09.45 – 10.30	Porus Kaka, President – International Fiscal Association Worldwide Special Address *Click Here to view the Presentation*
10.30 – 11.00	“Klaus Vogel” Speaker: Michael Lang, Head of the Institute for Austrian and International Tax Law, WU, Vienna International Tax and Treaty Conflicts – An Overview *Click Here to view the Presentation*
11.00 – 11.30	Stef van Weeghel, Partner, PricewaterhouseCoopers and Professor of International Tax Law, University of Amsterdam, The Netherlands Allocation of Taxing Rights under Model Tax Treaties *Click Here to view the Presentation*
11.30 – 12.00	Arvid Skaar, Partner, Wiersholm, Norway *Permanent Establishment Article under OECD and UN Models* *Click Here to view the Presentation*
12.00 – 12.30	Liselott Kana, Head of International Revenue Administration, Chile *Taxation of Services: OECD v/s UN Model* *Click Here to view the Presentation*
12.30 – 12.45	Discussion and Questions
12.45 – 13.00	Session Chairman’s Remarks
13.00 – 14.00	Lunch (Lunch hosted by Jersey Finance)
Session
INTERNATIONAL TAX AND TREATY CONFLICTS (contd.)
Chairman	Ketan Dalal, Joint Head of Tax, PricewaterhouseCoopers, India
14.00 – 14.30	Peter H. Blessing, Partner, KPMG LLP, United States Double Non-taxation – A Critical Evaluation *Click Here to view the Presentation*
14.30 – 15.00	Patricia Brown, Director, University of Miami School of Law, United States Use and Abuse of Tax Treaties *Click Here to view the Presentation*
15.00 – 15.30	Sunil Gupta, Joint Secretary, Government of India Stand-in Speaker: Ashish Kumar, Director (TPL), Government of India Conflicts under Article 13 of the Model Tax Treaty *Click Here to view the Presentation*
15.30 – 16.00	Marcus Desax, Partner, Walder Wyss, Switzerland Beneficial Ownership under Tax Treaties – Current Developments *Click Here to view the Presentation*
16.00 – 16.30	Marc Hein, Chairman, Financial Services Commission, Mauritius *Mauritius – Recent Fiscal Regulatory Developments* *Click Here to view the Presentation*
16.30 – 17.00	Break
Session
Late Afternoon
Chairman	Jairaj Purandare, Chairman, JMP Advisors, India (former Senior Partner, PricewaterhouseCoopers, India)
17.00 – 18.00	Joint Panel Discussion I: Some selected examples of Tax and Treaty Conflicts – Should Treaty Shopping be permitted? Is Double Non-taxation acceptable? How relevant should Domestic Law be for Treaty Interpretation? led by Jairaj Purandare; Panelists: Michael Lang, Austria – Porus Kaka, India – Pramod Kumar, India – Arvid Skaar, Norway – Rajesh Ramloll, Mauritius – Patricia Brown, USA – Marc Hein, Mauritius
18.00 – 18.30	Guernsey : Jurisdiction of Choice for Cross-border Investment Fiona Le Poidevin, Guernsey Finance & Rajat Ganguly, RKG Consulting *Click Here to view the Presentation*
18.30 – 19.00	Advance Diploma in International Taxation (ADIT) – An Overview Joint Presentation by UK Chartered Institute of Taxation and Lexis Nexis (Tolleys) *Click Here to view the Presentation*
19.00 – 22.30	Networking Dinner
CONFERENCE PROGRAMME – 2013 Friday, December 6, 2013 – ITC MARATHA
Day 2
09.30 – 09.45	Presentation on IFA Congress 2014 – Mumbai, India
Session
Emerging International Tax Trends in India
Chairman	Dinesh Kanabar, Deputy CEO, KPMG, India
09.45 – 10.00	Session Chairman’s Remarks
10.00 – 10.30	*Trends in Indian Tax Policy* by Parthasarathi Shome, Minister of State: Finance and Advisor to Finance Minister, Government of India
10.30 – 11.00	A Legal Perspective by Mohan Parasaran, Solicitor General, India
11.00 – 12.00	*A Practitionerâ€™s Perspective* by Ajay Vohra, Mukesh Butani & Arvind Datar (Senior Advocates in India) *Click Here to view the Presentation* *Click Here to view the Presentation*
12.00 – 13.00	*Global Impact of Indian Tax Trends* – Panel Discussion led by Dinesh Kanabar. Panelists: Mohan Parasaran – Arvind Datar – Ajay Vohra – Mukesh Butani, chaired by Parthasarathi Shome (all from India).
13.00 – 14.00	Lunch
Session
INTERNATIONAL TAX STRUCTURING FOR INVESTING ABROAD (Option A)
Chairman	Nishith Desai, Founder, Nishith Desai Associates, India
14.00 – 14.30	Jeffrey Owens, Professor & Director of the Global Tax Policy Center, WU, Austria (former Director, OECD, Paris) *Base Erosion and Profit Shifting (BEPS) – An Overview* *Click Here to view the Presentation*
14.30 – 15.00	Jon Bischel, Professor and Author on International Taxation, United States *Tax Conflicts for Multinationals under BEPS* *Click Here to view the Presentation*
15.00 – 16.00	*Base Erosion and Profit Shifting (BEPS) : An International Tax Issue* – Panel Discussion led by Bobby Parikh, India. Panelists: Jeffrey Owens, UK – Jon Bischel, USA – Vaughan Heberden, Mauritius – Stef van Weeghel, Netherlands – Liselott Kana, Chile – Promila Bhardwaj, India
16.00 – 16.15	Discussion and Questions
16.15 – 16.30	Session Chairmanâ€™s Remarks
Session
Tax and Treaty Conflicts (Option B)
Chairman	Satya Poddar, Partner, Ernst & Young, India
14.00 – 15.00	*Impact of Domestic Tax Changes in India on its Tax Treaty Policy* – Panel Discussion led by Satya Poddar. Panelists: Pranav Sayta, India – Rama Sithanen, Mauritius – Carol Dunahoo, USA – Ashish Kumar, India – Gurbachan Singh, Singapore – Pinakin Desai, India *Click Here to view the Presentation*
15.00 – 16.00	*Enhanced Relationship in Developing Countries: Is it feasible?* – Panel Discussion led by Ajay Vohra. Panelists: Shanker Iyer, Singapore – Bela Mao, India – Marc Levey, USA – Kamlesh Varshney, India – Bijal Ajinkya, India – Ranjana Gupta, New Zealand *Click Here to view the Presentation*
16.00 – 16.30	*Framework for new GST Tax in India – An Update* – Panel Discussion on led by Satya Poddar. Panelists: Prashant Deshpande, Deloitte, India – Sachin Menon, KPMG, India – Rohan Shah, Economic Laws Practice, India. *Click Here to view the Presentation*
16.30 – 17.00	Break
Session:
Late Afternoon
Chairman	Kiran Umrootkar, Trustee, Foundation for International Taxation, India
17.00 – 18.00	*Emerging Tax Controversies for Multinationals in India* – Panel discussion led by Shefali Goradia. Panelists: William Husthwaite, Shell, Singapore – Rupak Saha, GE, India – Pinky Mehta, Aditya Birla Group, India – Catherine Damelincourt, Alstom, France – Peter Barnes, GE, USA – Daksha Baxi, India *Click Here to view the Presentation*
18.00 – 19.00	*Conflicts under India/USA Tax Treaty* – Presentations by Carol Tello (US) and Shefali Goradia (India) followed by panel discussion led by Jairaj Purandare. Panelists: Dan Berman, USA – Carol Dunahoo, USA – Gokul Chaudhri, India – PVSS Prasad, India – Carol Tello, USA – Shefali Goradia, India *Click Here to view the Presentation*
19.00 – 22.00	Networking Dinner
CONFERENCE PROGRAMME – 2013 Saturday, December 7, 2013 – ITC Maratha
Day 3
Chairman & Guest of Honour	Justice S. H. Kapadia, former Chief Justice of India Coordinated and led by Mukesh Butani, Managing Partner, BMR Legal, India
09.00 – 10.30	Joint Panel Discussion II – Should international taxation be based on â€œMoralityâ€ or â€œLegalityâ€? Panelists: Jeffrey Owens, UK – Michael Lang, Austria – Pramod Kumar, India – Arvind Datar, India – Rajesh Ramloll, Mauritius – Akhilesh Ranjan, India – Mohan Parasaran, India. Concluding remarks by Justice S. H. Kapadia. *Click Here to view the Presentation*
10.30 – 11.00	Break
Session
Tax and Treaty Conflicts (Option A)
Chariman	Pranav Sayta, National Leader & Partner, Ernst & Young, India
11.00 – 11.30	Rafic Barrage, Partner, Baker & McKenzie, United States *Taxation of Electronic Commerce – Issues in Cloud Computing* *Click Here to view the Presentation*
11.30 – 12.30	International Tax Conflicts in Electronic Commerce Panel Discussion led by Pranav Sayta. Panelists: Rafic Barrage, USA – Rashmin Sanghvi, India – Shreya Rao, India – Rohinton Sidhwa, India – Carol Tello, USA – Peter H. Blessing, USA
12.30 – 13.00	Discussion and Questions
Session
Transfer Pricing Developments (Option B)
Chairman	Uday Ved, Senior Partner, KPMG, India Coordinated and led by Caroline Silberztein, Baker & McKenzie, France
11.00 – 12.00	Panel Discussion on Interaction of Transfer Pricing and Base Erosion and Profit Shifting: Is the future still Armâ€™s Length? How is the Changing Landscape affecting OECD Transfer Pricing Guidelines? Panelists: Akhilesh Ranjan India – Michelle Levac, Canada – Marc Levey, USA – Peter Barnes, USA – Vijay Iyer, India – Karishma Phatarphekar, India *Click Here to view the Presentation* *Click Here to view the Presentation*
12.00 – 13.00	Panel Discussion on *Transfer Pricing in Emerging Countries: What should Foreign Investors know and do?* Panelists: Michelle Levac, Canada – Catherine Damelincourt, France – Monique van Herksen, The Netherlands – Promila Bhardwaj, India – T. P. Ostwal, India – Vinod Mangotra, India *Click Here to view the Presentation*
13.00 – 14.00	Lunch
Session
Recent International Tax Developments (Option A)
Chairman	N. C. Hegde, Senior Partner, Deloitte, India
14.00 – 14.30	Dan Berman, Partner, McGladrey LLP, United States International Tax Developments in North America *Click Here to view the Presentation*
14.30 – 16.00	*Gross source withholding v/s Net residence credit* – Panel Discussion led by Stef van Weeghel. Panelists: Sushil Lakhani, India – Marcus Desax, Switzerland – Dan Berman, USA – N. C. Hegde, India – Shanker Iyer, Singapore
Session
Transfer Pricing Developments (Option B)
Chairman	Shyamal Mukherjee, Joint Head of Tax, PricewaterhouseCoopers, India
Presided by	B. M. Singh, former Chairman of Central Board of Direct Taxes, India
14.00 – 14.30	Kamlesh Varshney, Commissioner of Income tax (APA), India *Recent Transfer Pricing Developments in India* *Click Here to view the Presentation*
14.30 – 16.00	Panel Discussion led by T. P. Ostwal, India on Future Business Models for Managing Global Companies: What is the Global Overview of Transfer Pricing Disputes in Future? Would OECD and UN Transfer Pricing Guidelines succeed in resolving them? How do the Indian and Chinese Approaches differ from OECD Guidelines Panelists: Akhilesh Ranjan, India – Michelle Levac, Canada – Peter Barnes USA – Caroline Silberztein, France – Jeffrey Owens, UK – G. C. Srivastava, India *Click Here to view the Presentation*
16.00 – 16.45	Sumit Bose, Revenue Secretary, Ministry of Finance, India
16.45 – 17.15	Break
Joint Final Session – Recent International Tax Developments in India
Chairman	B. M. Singh, former Chairman, Central Board of Direct Taxes, India
17.15 – 17.30	Session Chairmanâ€™s Remarks Panel Discussions on:
17.30 – 18.10	*Recent Developments in Transfer Pricing in India* led by Vijay Iyer – Partner, Ernst & Young, India. Panelists: Karishma Phatarphekar – G. C. Srivastava – Vinod Mangotra – Kamlesh Varshney – Rajesh Simhan (all from India) *Click Here to view the Presentation*
18.10 – 18.50	*Recent International Tax Cases and other Developments in India* led by T. P. Ostwal, Panelists: Hitesh Gajaria – Rohan Shah – N. C. Hegde – Bijal Ajinkya (all from India)
18.50 – 19.00	Concluding Remarks