Trade matters have been dominating global news headlines in recent months. Brexit and trade wars between countries are impacting business operations and threaten to increase costs at a time when supply chains have never been more globalized. The shift in US trade policy, retaliation by trading partners such as China and the EU, is complicating world trade. Today the outcome of Brexit is still unknown and business anxiety is rising to unprecedented levels, but businesses need to ensure continuity.   In this environment, it has never been more important to make trade issues a key element of your business strategy. This session will introduce the most significant global trade regulatory developments and discuss how companies can successfully navigate the future of trade, even during a time of continued uncertainty.
 

Whereas the move to electronic declarations was revolutionary a decade ago, we have now entered into a new age of innovation in global trade.  Trade analytics drive informed decisions and help to improve cost effective sourcing. Innovative technologies, such as robotics, machine learning, AI, and blockchain technology can further improve trade compliance and drive down cost.  In this session we will consider the role of technology and innovation in managing global trade effectively. We will also highlight topical points of attention for companies migrating from SAP ECC to S4Hana, including key changes in relation to trade functionality.
 

Managing indirect taxation plays a key role in ensuring that a digital business operates effectively. This session will consider the indirect tax implications of doing business in the digital age. Topics will include, VAT and GST developments around the world related to digital goods and services, e-commerce in goods and the new Digital Services Taxes that many governments are introducing or have on their agendas.
 

In the ever-evolving age of digitisation, are you being asked to do more with less resources? Are you being asked to develop new skills? Indirect tax functions are evolving to ensure that they can continue to act as a strategic partner to the business, returning value whilst appropriately managing risk. During this session we will share insights on the key trends in indirect tax function operating models and how are other corporations are responding.
 

We will consider the practical impacts of key legislative and case law developments around the world on businesses in the financial services sector. Topics will include: VAT legislative changes; proposed changes for payment providers, the implications of the Morgan Stanley CJEU case; syndicated loans and the US Supreme Court Case South Dakota vs Wayfair.

In this session EY subject matter professionals from Australia, the GCC, Malaysia and the USA will give an update on any legislation changes and the introduction of VAT/consumption based tax in their respective countries.
The legislative updates will be followed by round table discussions focusing on single countries, allowing participants to gain deeper insights and address more detailed questions on the countries that interest them the most.

Australia – Brad Miller
Caribbean – Rose Boevé
Malaysia – Aaron Bromley
GCC – David Stevens
India – Uday Pimprikar
China – Kenneth Leung
US – Wayfair team

 

This session will consider the impact on UK and EU VAT law of the UK’s departure from the European Union (Brexit). We will outline the key VAT obligations and practical implications of Brexit for businesses based in the UK and in the EU, including the impact on imports and exports, supplies of services, simplification measures, e-commerce and compliance obligations.
 

Global Trade matters has reached an unprecedented height of attention on the corporate agenda, directly linked to the introduction of trade sanctions, Brexit, trade wars and changes in trade alliances. At the same timer, customs authorities have invested in new techniques to improve their risk assessments using data analytics, putting trade compliance firmly in the spotlight. There is also a growing relevance of trusted trader program, forcing business to improve trade compliance to maintain competitiveness. Senior management are becoming aware of the impact of trade matters on corporate performance and risk and the need for increased capability and capacity to deal with these disruptive forces and to seize the upside of innovation. Priorities include new and changing free trade agreements, compliance pressures around master data, export control, sanctions, technology investments etc.
In this workshop we will discuss these priorities and how companies can manage them effectively, considering the role that technology and outsourcing can play in meeting these objectives.

Trade wars and tax reform are subjects at the top of the agenda for most indirect tax professionals. These topics are also
impacting decisions related to your company’s global operations footprint. Are you getting the most out of potential incentives and credits stemming from new investments and changing business strategies in today’s globally connected environment? This session
will discuss factors to consider in selecting operational sites as well as how to maximize your return on investment by understanding and securing country-level, state and local grants, subsidies and other business incentives and tax credits when growing or expanding
your business operations.
 

During this workshop we will demonstrate solutions that can help you optimise the indirect tax functionality of your SAP system.

All companies continue to derive noticeable business value and insights from indirect tax data. New technologies and methodologies mean that perceived historical challenges associated with large volumes of unstructured data can be managed. We will showcase examples of how indirect tax functions can release the hidden value of indirect tax data to add cash value, manage risk and obtain the information needed to be make more strategic indirect tax decisions for the business.

This session will consider current and emerging partial exemption themes across the globe and will discuss the increasing importance and potential role of technology in proactively managing partial exemption on a global basis.

How do you create indirect tax appetite for upper management?
As a multinational firm operating in various jurisdictions with different indirect tax regulations, managing the indirect tax lifecycle (i.e. accounting, compliance, strategy & planning, controversy) is a challenging task. Securing sufficient budget and getting indirect tax on the CFO agenda proves to be even more challenging at times. During this workshop our panel will discuss how EY can support you in getting indirect tax on the CFO’s agenda.

During this workshop we will discuss some of the trends in indirect tax compliance globally and how they drive the global agenda for indirect tax professionals. We will look at approaches to managing compliance obligations, how technology can help to connect your data globally and how that technology enables you to make better global strategic decisions.