Impact of BEPS on Australia’s tax treaty policy

The OECD released the 2015 BEPS Final Reports on 5 October 2015 and is now moving into the implementation phase. The new Australian Treasurer very quickly responded positively to the BEPS reports in a Press Release on 6 October 2015. This seminar will feature the two senior officials in Australian Treasury responsible for Australia’s tax treaty work.

Topics to be covered include:

• Insights into the process producing the final BEPS treaty recommendations;
• The impact of the recommendations on Australia’s treaty policy;
• Australia’s tax treaty negotiation program, following the conclusion of most of the BEPS work, and the impact of BEPS in formulating the program;
• Progress and feedback on the negotiation of the multilateral convention to implement BEPS treaty work.

Lyn Redman and Greg Wood are Senior Advisers in Treasury’s Corporate and International Tax Division. They advise on Australia’s tax treaty policy and negotiate our treaties. Greg and Lyn are currently Australia’s delegates to the OECD’s Working Party No 1 on Tax Conventions and Related Questions, and have also represented Australia at the United Nations Committee of Experts on International Cooperation in tax matters.

This seminar is presented by the Tax and Transfer Policy Institute and the Australia Branch of IFA.