Invitation - AWDC Café: Automatic Exchange of Financial information

We kindly invite you on a seminar given by Panis and with the support of AWDC about two important actual fiscal obligations: the Common Reporting Standard and the Cayman Tax.

The seminar will be held on Tuesday 8 March at noon in the AWDC building, Hoveniersstraat 22, 2018 Antwerp.

Registration is mandatory and on a ‘first come, first served’ basis. Places are limited. If you have registered but are unable to participate and fail to notify us in advance, AWDC will charge you a cancellation fee of €100. The seminar is free and will be held in English. You can register via the website of the AWDC at: https://www.awdc.be/en/awdc-café-panis

Program:
12:00: Welcome & Registration
12:30: Start seminar
13:30: Q&A + Walking Lunch
14:00: End

From 2017 onwards, approximately 80 countries will exchange information about bank accounts automatically. The newly introduced Common Reporting Standard (CRS) is far reaching and can affect any person, whether a private individual or a legal entity residing in any of the participating countries. The CRS imposes a notification requirement of the identity of the account holder and all the accounts held by him if he has a tax residence in more than one country. The first reporting in 2017 will cover the year 2016.

From tax year 2016 onwards, Belgian taxpayers can be charged on certain income from certain legal constructions – deemed to be transparent – in the hands of Belgian individuals and Belgian entities subject to legal entities tax. This is called the Cayman Tax. The legal constructions include – amongst others – foreign trusts, foundations, low-taxed or non-taxed entities, etc. to which the Belgian taxpayer is, in one way or another, linked as a founder, effective beneficiary, potential beneficiary, etc.

If, after the presentation, you have any questions regarding the content of the seminar, please contact Panis Group via michel.vangysel@panisgroup.com.
For more info about the event, please contact AWDC via marcom@awdc.eu.