The Deloitte Channel Islands’ Private Client team is holding its first International Trust Tax events in Guernsey and Jersey in February.
Trusts, including international pension trusts, are increasingly coming into the spotlight, with tax authorities around the world placing extra tax risk and a higher governance burden on trustees.
Trustees can be brought within the scope of tax as a result of the residence of beneficiaries or the ownership of certain assets. There is often a misconception that trusts which are pensions provide protection from these exposures. That is, frequently, not the case. Even with the most careful planning, trustees may be subject to tax reporting and payment obligations in multiple jurisdictions.
The conference will focus on the three jurisdictions that consistently raise issues for trustees: France, the UK and the USA.
A panel of subject matter experts will pay particular attention to recent changes in tax legislation as they impact trusts, highlighting specific areas of tax, governance and reporting risks for trustees.
As well as local trust specialists Matt Maltby and Alison Hill, other Deloitte speakers include US tax experts Christopher Horton and Svetlana Ivaniuk, French tax expert Orianne Acheriteguy and pension experts Chris Bulleyment and Varinder Allen.
The conference will also bring insight as to possible future focal points for tax authorities in these jurisdictions.
Jo Huxtable who is the partner responsible for Deloitte’s tax practice in the Channel Islands said: “This event presents the opportunity to showcase the outstanding expertise we have in trusts taxation within our local practice but also our unique ability to team with overseas colleagues who are subject matter experts to address international trusts taxation matters.”
Wednesday 26 February 2020
The Old Government House Hotel, Regency Room
09:00 – 12:30
Thursday 27 February 2020
Pomme d’Or Hotel
13:30 – 17:00