Essential Tax training for experts from the financial sector

This one-day training programme covers a comprehensive range of tax topics applicable to the financial sector including banking, insurance, Asset & Wealth Management (AWM) and payment institutions.

It aims to provide participants with an in-depth understanding of various taxes and specificities applying to financial sectors, including corporate tax, VAT, transfer pricing and tax governance, along with practical insights for effective tax management and compliance.

This training programme will equip professionals in the financial sector with a robust understanding of various taxes, ensuring they can effectively manage tax obligations and compliance in their respective roles.

Session 1 - Tax updates in the financial sector

• New draft law and specific personal tax measures
• New Investment Tax Credit (ITC) regime
• VAT update on company cars, directors' fees, recent case law

Session 2 - Corporate taxation in financial institutions

• Understanding corporate tax obligations for banks, insurance companies, AWM, payment services firms.
• Substance requirements
• Overview of anti-abuse regimes
• Tax compliance

Session 3 - VAT in financial institutions

• VAT profiles of various entities in the financial sector
• Applicable exemption and VAT recovery
• VAT compliance

Session 4 - Transfer pricing in financial institutions

• Transfer pricing principles and regulations
• Compliance requirements and documentation

Session 5 - Tax governance

• Understanding tax governance frameworks
• Implementing effective tax governance strategies
• Risk management and compliance
• Best practices in tax governance for financial institutions
• Wrap-up and Q&A
• Summary of key takeaways
• Open floor for questions and discussions
• Feedback collection from participants

An attendance certificate will be sent to participants.