Every year ITSG holds two conferences: a European conference and the worldwide annual conference.
Above is the group photograph from the 2023 world-wide conference held in Athens, Greece.
The conference is open only to ITSG members and a limited number of invited guests.
Below is a summary of the program for the conference in Toronto September 18, 2024.
Tuesday, September 17, 2024 |
5:00 - 6:30 P.M. |
Reception and Scotch Tasting. (Complimentary / Optional). Cadesky Tax Downtown Office. Exchange Tower, 130 King Street West, 23rd Floor. |
7:00 = 10:00 P.M. |
“Pay As You Go”. Informal Dinner (Extra Cost / Optional). Chinese Banquet Style Dinner. Pearl Harbourfront Queen’s Quay Terminal 2, 207 Queen’s Quay West, 2nd Floor. |
Wednesday, September 18, 2024
SPECIAL INTEREST GROUP DAY |
9:00 - 10:30 A.M. |
Session A |
E-Commerce – The Virtual Business. Is it possible to set up a fully automated ecommerce business where basically everything runs itself? Assuming so, it could be located anywhere or nowhere. If so, how would it be taxed.
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Session B |
Exodus – Leaving the UK. The non-domicile tax system has existed for a century. Now it is being repealed from April 6, 2025. Around 75,000 people file as UK resident non-domicile. Many will leave. Where will they go? Some of the more common choices and why.
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10:30 - 11:00 A.M. |
BREAK |
11:00 - 12:30 A.M. |
Session C |
Athletes – Owning a Team. What are the main tax issues in owning a sports team that is part of a league that plays in various countries? An examination of the main revenue sources, buying the team and selling the team.
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Session D |
Tax Free – The Participation Exemption. EU countries typically has a so-called participation exemption. Dividends and capital gains realized in a corporation from substantial holdings are not taxable. What about non-EU countries? A hunt around the world for other participation exemptions.
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12:30 - 2:00 P.M. |
LUNCH |
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Managing Partners Lunch. For managing partners of member firms. Others are welcome to listen during this working lunch. Each year we select a topic for discussion. This year’s topic is: Marketing the Firm vs. Marketing Yourself. |
2:00 - 3:00 P.M. |
Moving to Canada. Accepting 500,000 new immigrants a year means arrival planning is a hot topic in Canada. A case study of a family moving to Canada showing what to do and not do.
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3:00 - 4:00 P.M. |
Latam Special Interest Group. A forum for our Latam members to discuss new developments and topics of interest. Others are welcome to attend.
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4:30 - 6:00 P.M. |
Steering Committee Meeting. For ITSG Steering Committee Members
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6:30 - 7:30 P.M. |
COCKTAIL WELCOME RECEPTION
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7:30 - 10:00 P.M. |
DINNER
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Thursday, September 19, 2024 |
8:00 A.M. |
BREAKFAST
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9:00 A.M. |
Main Conference Commences. Welcome and Introductions
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09:15 - 10:15 A.M. |
Host Country Canada. A look at the main rules of interest to our international members. Tax planning for persons coming to Canada and departing. Why is Canada an attractive place for new immigrants (or is it?). Typical acquisition strategies, some suggestions and traps. Tax incentives and use of Canada as a gateway into the U.S. Special rules for actors.
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10:15 - 11:00 A.M. |
Forced Heirship vs Testamentary Freedom. Many countries have restrictions on how a person may deal with their estate. Certain family members may have rights under local law to receive a minimum inheritance. A look at some of the issues which can arise.
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11:00 - 11:20 A.M. |
BREAK
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11:20 - 12:10 P.M. |
The Digital Nomad. Many people are interested in being a digital nomad; not resident anywhere, not taxable anywhere. Is it really so easy?
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12:10 - 1:30 P.M. |
LUNCH |
1:30 - 2:30 P.M. |
Unusual Treaty Provisions. International tax treaties are usually based on the OECD model treaty although some follow the UN model treaty. Yet there are many exceptions and unusual provisions where a treaty differs from the norm. A look at some of Canada’s unusual treaty provisions. You may find these elsewhere as well.
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2:30 - 3:00 P.M. |
UK Non-Domicile System. With the abolition of this system, what comes next? Are there transitional rules? Will there be any tax incentive now to move to the UK?
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3:00 - 3:30 P.M. |
OECD Developments. What is the OECD now looking at and what may come next.
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3:30 - 4:00 P.M. |
BREAK
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4:00 - 4:30 P.M. |
Tax Practice in a War Zone. A special Presentation about an unusual complication to tax practice, have a war going on around you.
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6:15 - 7:30 P.M. |
GALA DINNER RECEPTION (Black Tie recommended) The group photo will be taken at 7:15 P.M. at the gala dinner venue.
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6:15 - 7:30 P.M. |
GALA DINNER and 25th ANNIVERSAY CELEBRATION Expect an evening of fun and surprises. Bring your dancing shoes.
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Friday, September 20, 2024 |
8:00 A.M. |
BREAKFAST
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09:00 - 10:00 A.M. |
European Tax Update. The always popular and fast paced update on European tax developments. (This will focus mostly on countries not discussed last year and on significant changes.)
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10:00 - 10:30 A.M. |
Had Enough – Giving up U.S. Citizenship. What is involved in giving up U.S. citizenship.
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10:30 - 11:00 A.M. |
BREAK
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11:00 - 11:40 A.M. |
Asia Tax Update. An update on developments in selected Asian countries.
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11:40 - 12:20 P.M. |
Common Acquisition Strategies. A look at some common corporate acquisition strategies.
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12:20 - 1:30 P.M. |
LUNCH
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1:30 - 2:00 P.M. |
Long Reach of Domicile. Some countries will tax a former resident for years after departure. Should you be concerned? Yes, you should be.
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2:00 - 2:40 P.M. |
U.S. Tax Update. A fast-paced look at recent U.S. tax developments.
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2:40 - 3:00 P.M. |
BREAK
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3:00 - 4:00 P.M. |
The Great Debate. Our traditional way to end the conference; a heated argument over an issue. This year, the case for and against a corporate minimum tax.
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4:00 P.M. |
CONFERENCE ADJOURNS
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5:00 P.M. |
WALKING TOUR. Meet in hotel lobby. (This is weather permitting.)
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7:15 P.M. |
INFORMAL DINNER. Join us at Bellwood Brewery for free-flowing beer, dinner and some surprises. 126 Ossington Avenue. (Extra Cost / Optional).
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Saturday, September 21, 2024 |
9:00 A.M. - 5.00 P.M. |
Niagara Falls Guided Tour View the Falls, Niagara River, lunch, and Niagara-on-the Lake. (This tour is organized through an outside tour company, not ITSG. Includes transportation by Private Limousine). Depart from hotel lobby at 8:45 A.M. sharp. Returns to Backyard BBQ (see below). (Extra Cost / Optional)
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5:30 P.M. - 11:00 P.M. |
BACKYARD BBQ FINALE. A backyard party and BBQ at Cadesky household to end the 25th Anniversary celebrations. Expect a fun and casual evening. Transportation not supplied. 51 Limcombe Drive, Thornhill (Complimentary / Optional).
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