Latest developments in the area of EU and OECD anti-tax avoidance measures and their impact on Czech businesses

Latest developments in the area of EU and OECD anti-tax avoidance measures and their impact on Czech businesses and tax management

The OECD’s BEPS project and corresponding EU anti-tax avoidance measures are changing the tax environment.

We will discuss latest development in this area with a focus on EU legislation that the Czech Republic is obliged to implement. On general examples, we will demonstrate the possible impact of the proposed measures on the deductibility of loan interest, the use of holding companies, payments of royalties and dividends and the concept of permanent establishments.

We will discuss the multilateral instrument for BEPS tax treaty measures, which should change double tax treaties concluded by the Czech Republic. We will look at its effect on the taxation of certain transactions.

Who are the intended participants?

• Executives and members of management of multinational companies, real estate companies and investment funds deciding on investments and financing, payments of dividends, businesses structuring, tax management and tax planning.
• Tax and accounting experts interested in EU and OECD anti-tax avoidance measures.

Program

• What EU anti-tax avoidance measures does the new EU Anti-BEPS directive propose and when and in what form will these be introduced in the Czech Republic?
• What is the multilateral instrument for BEPS tax treaty measures that will change the double tax treaties concluded by the Czech Republic?
• What impact will the new measures have on businesses and investments in the Czech Republic?
• How will the new measures affect the use of non-Czech holding companies, the deductibility of loan interest payments and royalties and the application of withholding taxes?
• What is the view of the Czech tax administration?

Benefits

After the completion of the course, you will:

• Understand the impacts of the EU and OECD anti-tax avoidance measures on the current tax set-up of your business, financing and cash-flow activities in the Czech Republic.
• Be able to assess any tax leakages arising as a result of the change in the tax environment.
• Be aware of the position of the Czech tax authorities.