Course outline
Substance requirements have always been an important issue for Luxembourg companies, which are often involved in cross-border business and investment activities. The importance of substance has only increased following the OECD's Base Erosion and Profit Shifting ("BEPS") project, and substance is frequently scrutinised by foreign tax authorities.
But what exactly is substance in international taxation? What is the importance of Luxembourg (professional) resident directors and good corporate governance? How can an appropriate level of substance be determined and how can substance be managed in practice? What substance requirements exist from a Luxembourg legal perspective? And what are the tactics of foreign tax authorities in challenging the substance of Luxembourg companies? All these questions will be answered in this presentation.
Course highlights
The main features of the course are:
- Substance requirements: Analysing the reasons of substance requirements from a Luxembourg perspective, a foreign tax perspective, a tax treaty perspective, a transfer pricing perspective and a reputational risk perspective
- Limits of anti-abuse legislation (substance requirements) in an EU context
- Organisation of substance: Analysing how substance might be organised in practice (looking at different substance models)
- Tactics of foreign tax authorities when challenging substance
- Considerations regarding the initiative of the EU Commission regarding shell entities (also referred to as “ATAD 3”)
Benefits of the course
The training will be practical and provide participants with a clear view on the intricate topic of substance.
Target audience
The training is aimed at Non-Executive Directors and people who wish to gain a clear understanding of substance requirements and how substance may be organised in practice (with a focus on Alternative Investments).
Date & Time
Venue
CPD hours
4.0 hours
Book your spot
Member fee: 290,00€ (VAT excl.) *
Non-member fee: 480,00€
(VAT excl.)
* ILA Certified Directors: 10% discount
Please email us at [email protected] to obtain this discount
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Speakers
Agenda and schedule
Venue
Chambre de Commerce Luxembourg
7 Rue Alcide de Gasperi
1615 Luxembourg - Luxembourg
Contact the organiser
Institut Luxembourgeois des Administrateurs
[email protected]
| +352 20 50 44