Webinar Package includes:

Archive Presentation  l  Booklet  l  PowerPoint Presentation

Webinar Package Fee (incl GST)

• $149 - NZLS members and Associate members
• $179 - Non-members

Note: Access to the online files is via your "My CPD" page. If you would like to purchase multiple packages, please contact us here.

Webinar Archive Presentation

Presentation time: 90 minutes

The Automatic Exchange of Information standard was developed by the OECD at the request of the G20 countries as part of a global initiative to address “offshore tax evasion”. The standard enables the information about financial accounts to be exchanged between the jurisdictions. Currently over 100 jurisdictions have committed to this, including New Zealand.

From 1 July 2017 it will be implemented in New Zealand. The presenters will take a practical approach in outlining the implications of the standard and in considering how you and your clients can comply with the requirements.

In particular, the presenters will cover:

• The historical context and earlier initiatives to resolve the problem
• How FATCA changed the game
• How CRS applies to trusts, companies and law firms and their trust accounts
• The technical details of the regime
• What you have to do.

Please contact us if you use a dial up internet connection.

Booklet 

Authors: Henry Brandts-Giesen, Neil Russ
Published: 9 August 2017
Pages: 70

Introduction

The global financial crisis has had far-reaching implications for governments throughout the world. Significant costs both in terms of decreased tax revenue, and financial resources expended in the “bailing out” of financial institutions and engagement in quantitative-easing, have encouraged revenue authorities to turn ever-more attention towards maintenance of the tax base. A belief of many lawmakers that citizens are hiding assets in other jurisdictions, and therefore depriving their home countries of much-needed revenue, has led to a strong political and popular desire to ensure that everyone pays their fair share. Sharing of information between tax authorities is considered necessary to achieve this.

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PowerPoint Presentation

These are the slides included in the webinar presentation.