I appear to have signed myself up for quite a lot. Here's how the next two months are looking for me at the moment:
Saturday, October 22 – At the University of Louisville Symposium on on Federal Budget and Debt Reduction, I will present my paper on the tax reform implications of the risk of a U.S. budget catastrophe.
Friday, October 28 – At the NYU-UCLA Tax Policy Conference on Healthcare Reform, to be held this year at UCLA, I'll be moderating a panel on Healthcare Reform and the Long-Term Fiscal Outlook. The panel will include papers, on which I may briefly comment, by Howard Gleckman, Daniel Kessler, and Mark Pauly.
Thursday, November 3 – At the annual meeting of the American Association of Attorney-Certified Public Accountants (AAA-CPA), to be held in NYC (east midtown), I'll offer a talk entitled "Fundamental Tax Reform: Can, Should, and Will the U.S. Federal Income Tax Be Replaced by a National Consumption Tax?"
Friday, November 11 – In Chicago at the University of Chicago Tax Conference, I will comment on a paper by Phil West concerning foreign tax credits.
Thursday, November 17 through Saturday, Nov. 19 – On to New Orleans for the National Tax Association's 104th (!) Annual Conference on Taxation. Here I will present my paper on corporate residence electivity, moderate a panel on corporate tax reform, and comment on a couple of international tax papers.
December 1-2 – On to Sao Paulo, Brazil, where I will be the keynote speaker (discussing international tax issues) at a conference held by the Center for Fiscal Studies at Sao Paulo Law School.
December 9 – Heading east for a change rather than west or south, I will fly to Amsterdam and present a short paper on the relative merits of financial transaction taxes (FTTs) and financial activities taxes (FATs) at a conference on taxing the financial sector that will be held at the Amsterdam Centre for Tax Law.
While I expect to get the rest of the year off, no doubt for good behavior, on January 6, 2012, I will be presenting work on international taxation at the University of Florida College of Law in Gainesville.
Cypriot PICIS can provide an effective and cost efficient alternative to the Polish Closed Investment Fund (FIZ).
ReplyDeleteAs a result of recent Polish Corporate Income Tax amendments which came into force 1 January 2011, Corporate Income Tax (CIT) exemptions applicable to Polish closed-end Investment Funds have been extended to foreign funds, namely EU fund vehicles.
These recent amendments to Polish law have created new opportunities for tax planning making the use of a Cypriot Private International Collective Investment Scheme (PICIS) very tax efficient. With careful planning, it will be possible to form a structure that will allow the following:
1) Full CIT exemption on the operating activities of joint-stock partnership (JSP) companies registered in Poland;
2) Withholding tax exemption with respect to interest, dividends and royalties paid by Polish JSPs;
3) Polish tax exemption of capital gains, including profits from the sale of bonds, stocks, shares and real estate;
4) Exemption form all forms of tax in Cyprus at PICIS level.
Savva & Associates is the first, and currently only Cypriot service provider to have successfully obtained a PICIS license on behalf of Polish clients. Savva & Associates are among the few firms to have obtained a positive tax ruling in Cyprus regarding exemption from tax of a PICIS holding JSP investments. Savva & Associates offers the most competitive PICIS related fees in Cyprus.
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