TAX (RISK) MANAGEMENT
The management of the tax position of a group of companies is in the current module
approached as a risk management exercise. The two days focus on the two sides of risks. The first is the downside risk which may burn cash and reputation. the second is the positive opportunity risk which translates in smart strategies and business models. in a fast changing environmentthe two sides must be on the CFO’s agenda.
As the leader of the finance function, the CFO is ultimately accountable for the management of taxes. This was illustrated by the public debates of the last years on abusive tax practices where it was generally the CFO’s appeared in the public debates, e.g. before parliamentary commissions.
Ultimate decisions with regard to tax strategies or controversies are the responsibility of the CFO. Hence, the taxation topic cannot be fully outsourced to the tax director or an external adviser. The CFO is also the steward of global tax risk management processes.
The program will address the accountability of the CFO for tax matters in four different aspects:
• tax risk management including appropriate compliance and reporting processes and tools
• tax strategies that enhance shareholder value in a rapidly changing environment driven by the G20 and the OECD
• integration of tax management with business management (business partnering role of the tax function)
• ensuring that the right resources and competencies are available to the company
At the end of this module the participants will have a good understanding of the relevant aspects of setting up a strong tax management program in their companies.
ABOUT THE FACULTY
André has been a Partner with Deloitte for 22 years focusing on all aspects of international taxation. He lead the Deloitte Global Tax Compliance Centre which is hosted by the Belgian member firm from 2010 to 2016.
André also lectures in Corporate Taxation at the Solvay Brussels School.
Thierry is a lawyer specialized in tax lax since 1996 and is the founding partner of Lauwers & Seutin Tax Lawyers with offices in Ghent, Brussels and Liège. He is lecturer in international tax law at the Hogeschool Ghent and at the Postgraduate Tax Science at the Bruges Business School. He is also lecturer in corporate taxation at the Solvay Business School. He is author of different books and publications.