The importance of substance in the post-BEPS era

1. Introduction
2. Agenda
3. Speakers

This training will be of significant importance for independent directors that need to have a clear understanding of substance requirements in international taxation. While substance has always been important for Luxembourg companies that frequently operate in a cross-border context, the OECD Base Erosion and Profit Shifting (“BEPS”) Project only elevated their importance in an international tax environment that is characterized by total transparency.

The main features of the program 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

• Organisation of substance: Analysing how substance might be organised in practice (looking at different substance models)

The training will be very practical and provide participants with a clear view on the complicated topic of substance.

The training will be targeted to directors and people that would like to gain a clear understanding of the importance of substance in international tax.