August 15 - 16, 2017  ·  Singapore Marriott Tang Plaza Hotel
Digital Economy Symposium: Reimagining Taxation in the Age of Disruption
Premier Digital Economy Taxation Symposium in Asia
August 15 - 16, 2017  ·  Singapore Marriott Tang Plaza Hotel

New Economy Taxation (NET LTD) and the Global Tax Policy Center of the WU (Vienna University of Economics and Business) are proud to present the second Digital Economy Symposium on 15-16 August 2017 in Singapore. This event follows the hugely successful inaugural Digital Economy Symposium on New Age Tax, Accounting and Valuation Issues in November 2016 in Singapore.

The advent of Blockchain technology, Fintech, Cloud computing, Artificial Intelligence, Big Data Analytics, the Sharing economy, Industry 4.0 and the Internet of Things have disrupted and transformed traditional modes of operations, processes and global value chains in a wide range of industries from financial services to public transportation, and are pushing the existing boundaries of taxation. Tax administrations and tax professionals need to reimagine taxation in this age of disruption and build on the efforts made by the G20/OECD in the Base Erosion and Profit Shifting (BEPS) project in updating the international tax principles in this new digitalized world order.

The Symposium will explore how both businesses and tax administrations are reacting to and managing the disruptive effect of new and emerging business models and technology in Asia, the taxation of the digital economy in the post-BEPS world, including indirect taxes on digital services, as well as the use of new technology to transform tax administration. Participants will have the opportunity to interact with leading regional and international direct and indirect tax, transfer pricing and customs experts, policy makers and administrators, and business leaders in a unique forum.

The Symposium will discuss the following topics:

  • Digitalization and Disruptive Business Models in Asia
  • Disruption to Traditional International Tax Norms
  • Tax Administration and Business Response to Digitalization
  • US Tax Reforms in the Trump Era: Implications for Asia
  • Transfer Pricing and Indirect Tax Challenges

A special feature of the 2017 Symposium will be a high-level closed door summit and policy dialogue that will focus on the unique digital economy business models and conditions in Asia-Pacific from the perspectives of academia, industry and tax advisory.

This year has added significance as it includes a global multi-stakeholder meeting series on the challenges and opportunities presented by Blockchain technology for taxation and tax administration. The first meeting in this series was held in Vienna, Austria on 15 – 16 March 2017 and continues in Singapore at this Symposium, with the third meeting scheduled in New York on 22 May 2018. Apart from transfer pricing, indirect tax and customs valuation perspectives, this meeting series focuses on areas such as beneficial ownership, land registries and payroll taxes, where distributed open ledger technology could potentially transform taxation and tax administration.

For more information, please contact info@netax.org or maeve.nic.samhradain@wu.ac.at.

AGENDA
Tuesday, August 15
8:30 AM - 9:00 AM
Registration
9:00 AM
Event Start
9:00 AM - 9:15 AM
Opening and Introduction
Prof Dr Jeffrey Owens, Director, WU Global Tax Policy Center, Vienna TY Sim, NET Ltd
9:15 AM - 10:30 AM
Keynote opening speech: Digital Economy Taxation: Tax Challenges and Opportunities in the Digital Era
Prof. Dr. Jeffrey Owens
10:30 AM - 10:45 AM
Break
10:45 AM - 12:00 PM
Disruption Explained: Digitalization and Disruptive Business Models in Asia
12:00 PM - 1:15 PM
Lunch
1:15 PM - 3:15 PM
Disruption to Traditional International Tax Norms
3:15 PM - 3:30 PM
Break
3:30 PM - 5:30 PM
Braving the New World
The Tax Administration Response The Business Response
5:30 PM - 5:45 PM
Closing Remarks
Wednesday, August 16
9:00 AM - 10:45 PM
US Tax Reforms in the Trump Era: Implications for Asia and Impact on Digital Economy
10:45 AM - 11:00 AM
Break
11:00 AM - 12:30 PM
Transfer Pricing in the Digital Age
11:00 AM - 1:00 PM
Tax Leaders' Closed Door Summit and Policy Dialogue
Simultaneous session and by invitation only
12:30 PM - 2:00 PM
Lunch
2:00 PM - 3:30 PM
Growing Indirect Tax Challenges in Asia-Pacific
3:30 PM - 3:45 PM
Break
3:45 PM - 5:15 PM
Learning Lab: Applying Technology to Tax
5:15 PM - 5:30 PM
Closing
5:30 PM
Event End
SPEAKERS
President/Founder
Chamber of Digital Commerce
Perianne founded the Chamber of Digital Commerce, building it into the world’s largest trade association representing the blockchain industry. She was named among CoinDesk’s “10 Most Influential People in Blockchain 2016” and “Top Woman in Bitcoin 2015”.
Vice Chairman
ICC Taxation Commission
Director of Strategic Development and Emerging Markets
Vertex, Inc.
David Deputy has decades of experience in finance, accounting, tax and analystics software solutions, with a career spanning international tax planning and financial consolidation solutions, corporate finance and bank regulation.
President and CEO
Vertex, Inc.
David DeStefano is responsible for the overall strategic direction of Vertex, Inc., its financial performance, corporate culture and brand development.
Corporate Tax Director
ASMPT, Singapore
Annalise is responsible for group strategic planning and direct and transactional tax compliance globally, with over 15 years in international tax, mergers, acquisitions and integration planning in Big 4 accounting firms and industry.
President Tax Department
Huawei
Senior Principal, Tax Knowledge Management
IBFD, Amsterdam
Jan conducts various academic, teaching and government consultancy activities, including as liaison officer for relations with the OECD, UN and ICC. He also teaches at various universities and presents at numerous international conferences.
Director of International Taxation
Directorate-General of Taxes, Indonesia
LOCATION
Singapore Marriott Tang Plaza Hotel - 320 Orchard Road Singapore 238865 Singapore

Accommodation

Special group rates are available for participants staying at the Singapore Marriott Tang Plaza Hotel.


Marriott hotel(s) special group rate:

Deluxe room Inclusive breakfast for 1 - SGD 310 subject to taxes per night 
Deluxe room Inclusive breakfast for 2 - SGD 330 subject to taxes per night

The group rate is available for stays during the period 11 August 2017 - 19 August 2017.
Last day to book: 21 July 2017

The rates are subject to 10% service charge and 7% GST. Penalty charge will be applicable for any cancellation or shortening of stay. For further enquiries, please contact in-house Reservations at +65 67355800 or email to mhrs.sindt.reservations@marriotthotels.com.



The Organizers



New Economy Taxation (NET) Ltd is a non-partisan organization with members from academia and industry who are passionate about the New Economy and its impact on taxation. NET is committed to the pursuit of excellence in high quality research, information and education on international taxation to explore the implications of technological advancements and the constantly evolving business models of the New Economy, particularly in the Asia-Pacific region.



WU GTPC is one of the leading think tanks on the interface between tax policy, tax administration and tax law in today's global economy. It has brought together tax policy makers, tax administrators, tax practitioners and researchers from around the globe. The Center provides a forum for discussions on tax policy formulation and implementation, drawing upon the experiences of developed and developing countries and economies in transition.