The EU Directive on Mandatory Automatic Exchange of Information “DAC 6” introduces an additional level of transparency in order to detect potentially aggressive tax arrangements and which already captures a broad spectrum of arrangements implemented on/after 25 June 2018. Professionals classified as intermediaries and/or taxpayers themselves could have an own responsibility to monitor and report several contemplated or implemented transactions.
As access to the global marketplace grows with cross-border transactions, it is vital to expand and enrich your knowledge of the drastically new tax landscape shaped by the OECD/BEPS action plan and the corresponding EU actions. Cross-border transactions will be now seen in the light of new anti-abuse measures and additional transparency requirements.
This seminar has been specifically designed to meet the needs of professionals from various backgrounds who wish to develop their competence in the field of international tax, and benefit from the credibility that this expert knowledge will afford them.
The seminar will also provide insights from the implementation in other selected key European jurisdictions as well as examples, specifically designed to provide practical illustrations on commonly raised scenarios.
This seminar will be considered extremely valuable for practitioners in Cyprus to understand the key aspects of the rules, their impact on Cypriot tax law, timing aspects and how they need to prepare for the new rules.
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.