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Nearly 100 attend European Chapter's meeting: Disneyland Paris, France: May 21, 2003. (Chapter News).

May 21, 2003

Close to 100 members and guests of the European Chapter of TEI gathered at the Hotel New York in Disneyland Paris on May 21-22 for the third Chapter meeting of the 2002-2003 season, hosted by member Tony Maggiore of the Richemont Luxury Group.

Chapter President Hilary Robinson welcomed the participants and introduced the chapter's guests from across the Atlantic, TEI International President Drew Glennie and Executive Director Timothy McCormally.

Ms. Robinson reported that the membership of the European Chapter had now reached 160, which means the chapter is well on its way to making its goal of 200 members by June 2004.

Like many other chapters, the European Chapter aims to be a forum for education, networking, and advocacy. The Chapter holds three educational sessions each year, in October, February, and May. Earlier in the membership year, the chapter met in Brussels, featuring a day of technical presentations by Linklaters on European Union Tax Policy, and in Madrid, featuring technical presentations by Jones Day on Permanent Establishment Issues, Virtual Organizations, Cost Sharing, Group Taxation, and European Holding Companies. The technical program at the Paris meeting was devoted to doing business in Switzerland and featured presentations by several professionals from Lenz & Staehelin. In addition, two lawyers from Mayer Brown Row & Maw made presentations on French tax audits and advance pricing agreements.

In addition, the European Chapter has a number of committees and discussion groups that hold conference calls on a regular basis. The current roster of active committees and discussion groups includes Indirect Taxation, Commissionaire Structures, Transfer Pricing, and French Tax Audits.

The European Chapter has expanded its advocacy role over the last year. Chapter President-Elect Guy Kersch and new member Sylvie Peuch are two of the ten private sector members of the 26-member European Union Joint Transfer Pricing Forum. The forum's mission is to arrive at a more uniform application of transfer pricing rules within the European Union, and Mr. Kersch actively solicited input from European Chapter members. Representatives of the chapter have also met with members of the European Union Parliament, and the chapter continues to provide input to the European Union on key tax issues. Another advocacy group chaired by Peter Taylor is working on a submission to the OECD in response to recent court decisions in Italy involving the definition of a permanent establishment.

President-Elect Guy Kersch concluded the report of Chapter matters by announcing the tentative schedule of meetings for the 2003-2004 membership year. The October meeting will be held in Rome, with a day of technical sessions on transfer pricing. The February meeting will be held in Switzerland (the exact location is yet to be determined), and the technical sessions will focus on permanent establishment Issues. For the final meeting of the 2003-2004 year, the chapter plans to go to Berlin, with mergers and acquisitions as the technical topic.
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Publication:Tax Executive
Date:May 1, 2003
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