Through the Looking Glass: The Upheaval in International Taxation

Monday, March 25, 2019 - 09:00 to 10:30

Fasken Classroom, Rm 122

In this talk Mr. Hiltz will offer his reflections on the recent rush of government initiatives in Europe and elsewhere to re-shape the architecture of international taxation and fundamentally re-allocate taxing rights over multinational companies’ profits. He will share his front-row observations of the March 2019 public consultation at the Organization for Economic Cooperation and Development (OECD) on Addressing the Tax Challenges of the Digitalisation of the Economy, and comment on both the substantive merits and the politics of proposals such as the global minimum tax, the digital services tax, and allocation of profits according to marketing intangibles. These proposals leave behind many of the assumptions underlying the recent OECD initiative on Base Erosion and Profit Shifting, and may themselves unravel or get rebid in short order. The compliance challenges and potential threats to multinationals’ business models presented by the ongoing turmoil in international taxation will be considered.

Peter Hiltz, Director, International Tax Policy and Planning at Amazon

Peter Hiltz has been the Director for International Tax Policy and Planning at Amazon since 2015. He studied Economics at the University of California, Law at Boston College and received his LLM in Taxation from New York University. He is a member of the New York and Michigan bars and serves on the Tax Committee for the Business and Industry Advisory Council to the OECD. He has over 35 years of experience in international corporate tax law, both direct and indirect, having previously spent his career at Cisco Systems in California and General Motors in Detroit, Brussels and Zurich. In the tax policy area, he focuses on how theory and politics can be made practical for both taxpayers and tax administrations.

For further information, contact Professor Wei Cui cui@allard.ubc.ca.