MIT Master Class delivered by OECD Head of ATP

On 14 June 2019, the MIT had the honour of hosting Mr. John Petersen, Head of Aggressive Tax Planning – OECD, who delivered the MIT Master Class on Transposing ATAD II Anti-hybrid Rules.

Mr. Petersen is responsible for Working Party 11 which produced the BEPS Reports on Interest Deductibility, CFCs, Hybrids and Mandatory Disclosure (Actions 2-4, 12) and was involved in assisting the Maltese Government in finalising the ATAD 2 during their EU presidency.

During the Master Class, Mr. Petersen took the participants through the rules and discussed their potential implications in practice. The Institute is preparing a report on the session which will be made available to our members.

The Master Class was followed by a seminar on ATAD 2 on 27 June 2019, delivered by Ms. Nadiia Onyschuck and Dr Christopher Bergedahl, during which the provisions of the Directive were examined and their potential implications in practice assessed. The provisions of ATAD II will be implemented into Maltese law by 1 January 2020.