The 2019 OECD International Tax Conference
June 3-4, 2019
Four Seasons Hotel, Washington
The 2019 OECD International Tax Conference
June 3-4, 2019
Four Seasons Hotel, Washington
*Contact Erin Breitenbucher to be placed on the waiting list*
Four Seasons Hotel, Washington
Now in its 14th year, this annual conference provides a unique opportunity for the U.S. business community to interact with key representatives from the OECD Centre for Tax Policy and Administration (“CTPA”) as well as key members of the OECD’s Committee on Fiscal Affairs: including Pascal Saint-Amans, Director, CTPA, and Grace Perez-Navarro, Deputy Director, CTPA. Speakers will also include Martin Kreienbaum, Chair of the OECD’s Committee on Fiscal Affairs and Director General for International Taxation at the German Federal Ministry of Finance, and Lafayette “Chip” Harter, Deputy Assistant Secretary – International Tax Affairs. This year’s conference will focus mainly on the OECD’s work on a global solution to the tax challenges posed by the digitalization of the economy. This work is on a fast track, with the G20 having asked OECD to deliver a global solution in 2020, with an update in June 2019. With G20 Finance Ministers meeting in Japan a few days after the conference, this event provides participants a unique opportunity to hear and discuss the latest developments on this important issue.
For more information, including how to be placed on the waiting list, please contact Erin Breitenbucher (202-682-7465 or firstname.lastname@example.org).
For information on how to become a sponsor, please contact Abby Shapiro (617-515-8492 or email@example.com).
USCIB’s tax expert Carol Doran Klein presented at the ninth annual Pacific Rim Tax Conference on Digital Economy Tax Issues, held May 9-10 in California. Doran Klein’s panel covered the ongoing work on taxation of the digitalizing economy at the Organization for Economic Cooperation (OECD) and the United Nations. The panel provided an overview of the background including Action 1 of the OECD’s Base-Erosion and Profit Shifting (BEPS) project, digital services taxes and other unilateral interim measures, and the different options under consideration at the OECD.
Other topics covered at the conference included: International Aspects of Tax Policy and Enacted Legislation: Did it Work?; Corporate Restructuring in Light of Tax Legislation and BEPS; and Transfer Pricing, Documentation and International Tax. High-level government tax officials from Australia, Canada, India and Vietnam attended the conference as well.
USCIB will be hosting its own tax conference, alongside the OECD and Business at OECD June 3-4 in Washington DC. Now in its 14th year, this annual conference provides a unique opportunity for the U.S. business community to interact with key representatives from the OECD Centre for Tax Policy and Administration (“CTPA”) as well as key members of the OECD’s Committee on Fiscal Affairs.
For more information visit USCIB’s tax conference registration page.
Pacific Rim Tax Conference
May 9-10, 2019
The Pullman Hotel in Redwood Shores, CA.
USCIB Vice President for Tax Policy Carol Doran Klein will be a speaker.
The theme will be Post-Tax Cut, Digital and MLI World
Session topics will include: International Aspects of Tax Policy and Enacted Legislation: Did it Work?; Corporate Restructuring in Light of Tax Legislation and BEPS; Digital Economy Tax Issues (TFDE); Inter-Government Cooperation: MLI, Bilateral, Treaties, Competent Authority and MAP Peer Review; Implementing Transparency: CbC Reporting, Implementation and Government Reactions and EU Mandatory Reporting (DAC6); and Transfer Pricing, Documentation and International Tax: Post TCJA and BEPS.
Also, High Level Government Tax Officials from Australia, Canada, India, Vietnam, and Professionals’ Insights into Doing Business in China; OECD representative, as well Doug O’Donnell, LB&I Commissioner. The conference is co-supported by TEI, USCIB, IFA, SVTDG, SF Foreign Tax Club and Stanford University Law School.
For further information, please visit the conference website: www.pacifictaxpolicyinstitute.com.
Tax Policy Advisor
Timothy M. McDonald
Vice President, Finance & Accounting, Global Taxes
The Procter & Gamble Company
Deputy Global Tax Policy Leader
Vice President, Global Taxation
Johnson & Johnson
Inbound Investment Subcommittee
Legislative and Administrative Developments Subcommittee
Tax Treaties Subcommittee
Transfer Pricing Subcommittee
Working Group on Consumption Taxes
Working Group on the Digital Economy
Working Group on Environment and Energy Taxes
Working Group on Financial Services Issues
Working Group on Permanent Establishment Issues
The Organization for Economic Cooperation and Development (OECD) has recently published a report on “The Contribution of International Business Investment to the Sustainable Development Goals (SDGs).” The report surveys the main type of financing behind business investment in developing countries, recent trends, an evaluation of the contribution of these flows to the SDGs, and prospects going forward.
The report highlights that multinational enterprises (MNEs) have become one of the most important actors for channeling investment to the developing countries. A relatively new actor providing financing for development is the State-Owned Enterprise (SOE). Furthermore, mergers and acquisitions (M&A) is one of the primary vehicles that MNEs use to invest in foreign markets and a major component of foreign direct investment. M&A inflows in developing countries starting declining already in 2012.
An increasingly important source of international investment into developing countries is China; in 2017 China doubled its M&A in developing countries to $25 billion, making it their top resource of international M&A (ahead of Japan and the US). Meanwhile, private flows align naturally with the SDGs in the area of infrastructure: SDG 6, which focuses on clean water and sanitation), SDG 7 on affordable and clean energy, SDG 9 on industry, innovation and infrastructure, and SDG 10 which aims to reduce inequalities.
“The report calls to action for improving the global rules for trade and investment, pursuing domestic policy reform agenda to improve business climates, and addressing new areas of regulatory co-operation,” observed USCIB Senior Director for Investment, Trade and Financial Services Eva Hampl.
The OECD will be organizing a round table on investment and sustainable development on October 23, 2019, as part of the next OECD Investment Week.
USCIB joined Americans for Free Trade, a multi-industry coalition consisting of over 150 members, to send a letter to President Donald Trump on April 22 regarding upcoming U.S.-China trade talks.
The Coalition letter urged the U.S. government to fully and immediately remove all recently imposed tariffs, including U.S. tariffs and China’s retaliatory tariffs as part of a final deal, while also encouraging the U.S. to come up with a deal that levels the playing field for U.S. companies by achieving meaningful changes to address China’s unfair trade practices that put American technology, innovation and intellectual property at risk.
Regarding unfair trade practices, the letter stated: “For too long, China has engaged in unfair trading practices, including forced technology transfer, cyber theft, intellectual property violations and more. We hope any final deal will resolve the structural issues that are at the core of the trade dispute in order to fully protect American technology, innovation, and intellectual property.”
The letter also urged the government to avoid any enforcement mechanism that would trigger further tariffs and obtain clarity on how the tariff exemption process will be carried out in the event of a deal.
Finally, the group also urged an economic assessment by the Administration examining the costs of tariffs for American businesses and consumers.
Americans for Free Trade represents companies that employ tens of millions of American workers and provide goods and services to virtually every corner of the United States.
Washington, D.C., April 23, 2019 – With national governments jostling over the appropriate means to tax the activities of fast-growing global tech companies, the G20 has called on the Paris-based Organization for Economic Cooperation and Development (OECD) to deliver a solution by 2020 to the tax challenges posed by the digital economy.
Against this backdrop, American and other global companies will meet with key officials from the OECD and national governments at a high-level conference, June 3-4 in Washington, D.C.
The 2019 OECD International Tax Conference, which will take place at the Four Seasons Hotel, will provide a unique opportunity for business experts to interact directly with key leadership from the OECD’s Center for Tax Policy and Administration (CTFA), along with senior tax officials from the United States and other OECD countries.
The conference is the 14th annual gathering on global tax policy developments convened by the United States Council for International Business (USCIB), in cooperation with the 36-nation OECD and its official private-sector advisory body Business at OECD (also known as BIAC). Details on the event are available at www.uscibtax.org.
“With the taxation of the digitalizing economy on a fast-track at the OECD, this year’s conference comes at just the right time,” said USCIB President and CEO Peter M. Robinson. “All companies are potentially affected by the changes that are being considered. We will also be looking closely at tax and development policy, the latest developments in tax treaties, transfer pricing and the tax implications of Brexit. It’s really a must-attend event for global tax professionals.”
Key speakers at this year’s conference include:
• Pascal Saint-Amans – Director of the Center for Tax Policy & Administration, OECD
• Grace Perez-Navarro – Deputy Director of the CTPA, OECD
• Martin Kreisenbaum – Director General, International Taxation, German Ministry of Finance
• Lafayette (Chip) Harter – Deputy Assistant Secretary for International Tax Affairs, U.S. Treasury
• Dr. Ngozi Okonjo-Iweala – Economist and International Development Expert (Nigeria)
• Doug O’Donnell – Commissioner, Large Business and International Division, IRS
• Mike Williams – Director of Business and International Tax, HM Treasury (UK)
• Will Morris – Chair, BIAC Committee on Taxation and Fiscal Affairs
• Bill Sample – Chair, USCIB Tax Committee
The tax event continues USCIB’s fruitful collaboration with the OECD and BIAC on digital economy topics, following upon a USCIB-hosted March conference in Washington, D.C. on the OECD’s “Going Digital” project.
USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and regulatory coherence. Its members include U.S.-based global companies and professional services firms from every sector of our economy, with operations in every region of the world, generating $5 trillion in annual revenues and employing over 11 million people worldwide. As the U.S. affiliate of the International Chamber of Commerce, the International Organization of Employers, and Business at OECD (BIAC), USCIB provides business views to policy makers and regulatory authorities worldwide and works to facilitate international trade and investment. More information is available at www.uscib.org.
Jonathan Huneke, VP communications, USCIB
+1 212.703.5043 or firstname.lastname@example.org
A limited number of rooms have been blocked at the reduced rate of $425/night at the conference venue, The Four Seasons Hotel, Washington, D.C. Unbooked rooms (if any) will be released for general sale on May 12, 2019, and the group rate will not be available after this date.
Please call the hotel directly and mention the United States Council for International Business (USCIB) room block: 1-202-944-9157. To reserve your room online, please visit www.fourseasons.com/washington, click on the “Corporate/Promo Code” option, and enter the following code: CI0619OEC (the letter C – the letter I – the number 0 – the number 6 – the number 1 – the number 9 – the letter O – the letter E – the letter C).
Rooms reserved without a processed registration will be released for confirmed participants.
Location Details: The conference will be held at the Four Seasons Hotel located at 2800 Pennsylvania Avenue NW. The meeting portion of the conference will take place in the Corcoran Ballroom located on the Banquet level. The Luncheon on Monday, June 3rd will take place in the Dumbarton Conservatory next door to the Corcoran Ballroom. The Reception, also on Monday, June 3rd, will take place in the Seasons Restaurant on the Lower Lobby Level.
Wireless Internet: Wireless internet is available for conference attendees in the meeting room. Please ask a member of the conference staff for the wireless password. Complimentary internet is also available to conference participants in your hotel room.
Parking: Discounted Valet Parking is available at the conference venue, The Four Seasons Hotel, for conference attendees. The discounted rate is $29 per day. Please pick up a parking validation sticker at the registration table for each day of the conference.
Metro: The nearest metro station is the Foggy Bottom-GWU station. Both Blue and Orange lines stop at the Foggy Bottom Metro. The Hotel is approximately a four block walk from the metro. (Map below)