The restrictions and lockdown measures adopted by most countries in connection with the coronavirus pandemic have affected and disrupted the travel plans of several millions of individuals, whose forced permanence in a country other than their State of residence might trigger – or has already triggered – critical implications from a tax perspective.
In fact, under most of the world’s tax systems, an individual’s physical prolonged presence in the territory of a State is the main requirement for tax residence and can have implications on the tax residence of juridical entities too – such as companies and trusts – (configuring either a geographical link as to the entity’s place of effective management or the elements of a permanent establishment). Discussions at domestic and international level have lead the OECD to release on April 3, 2020 an “OECD Secretariat Analysis of Tax Treaties and the Impact of Covid-19 Crisis”, i.e. a guidance on the most relevant tax issues raised by this unprecedented situation, based on an evaluation of the existing international tax treaties and domestic rules.
The session will be animated by Paolo Siniscalco and Gabriele Tancioni, respectively Founder & Managing Partner and Head of Tax Department at Siniscalco & Partners; Andrew Quinn, Head of Tax at Maples and Calder LLP; Robert L. Tobey Tax Partner at Grassi & Co. and Sergio Arzeni, INSME President who will explore national cases and investigate possible solutions to emerging open issues.
The webinar is free of charge and interested participants are invited to register at this page.