The OECD Korea Policy Centre has conducted the 93rd tax seminar from April 25th to 30th in Seoul, Korea. This event has provided an opportunity to consider and discuss the role of structured financing arrangements in international tax planning.
Building on the work of the OECD and G20 under the BEPS project, this seminar has focused on the types of tax planning arrangements that are targeted by Action 2 (Hybrid Mismatch Arrangements), Action 3 (Controlled Foreign Company rules) and Action 4 (Limiting Interest Deductibility).
This workshop has also looked at a number of common cross-border tax planning strategies that can be used to reduce the tax burden on both inbound and outbound investment and how the recommendations in the BEPS package can be used to detect and respond to such schemes.
Participants has been invited to make an active contribution to the workshop and to share their own experiences in respect of detecting and responding to cross-border tax planning that gives rise to BEPS outcomes.
The topics covered in this workshop include;
· An overview of the outcomes from the Base Erosion and Profit Shifting (BEPS) project
· The impact of transparency measures under Actions 5, 12 and 13
· The use of hybrid mismatch arrangements in international tax planning (Action 2)
· OECD / G20 Recommendations for the design of Effective Controlled Foreign Company rules (Action 3)
· Addressing BEPS involving interest and payments that are economically equivalent to interest (Action 4)
Tax Programme, OECD Korea Policy Centre