ΠΕΡΙΓΡΑΦΗ

Professionals to which the seminar is addressed to need to be able to identify who is an intermediary and which arrangement is a cross border transaction entailing DAC6 risks and obligations so as to timely inform their clients of such risks, avoiding thus the imposition of penalties and also safeguarding the DAC6 compliance of their clients or their business.

The aforementioned professionals are required to have a comprehensive understanding of DAC6 practices and procedures and be in a position to see the full picture when dealing with transactions. Therefore, it is imperative that professionals have the required knowledge and awareness in order to ensure compliance in a highly complex, rapidly changing, cross-border environment.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

Some of the expected Learning outcomes:

Knowledge:

1. Describe what is DAC6 and what DAC6 stands for;
2. Describe the purpose of DAC6;
3. Separate when a person is considered to be an intermediary;
4. Corelate the transactions which are within the scope of DAC6;

Skills:

1. Explain the principles and main definitions of DAC6;
2. Choose who is liable for DAC6 reporting in Cyprus;
3. Categorise the transactions which are in & out of the scope of DAC6;
4. Organize the DAC6 hallmarks on arrangements;
5. Develop the Main Benefit Test.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

This program is specifically designed for professionals who would like to become familiar with the essential concepts and principles of DAC6 in order to gain a better understanding of the field and correctly interpret the transactions they may potentially face on a daily basis in their working environment.

More specifically:

• corporate service officers;
• accountants;
• tax and financial advisors;
• banking consultants;
• in-house legal team;
• agents;
• trustees;

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Trainer

Mr Marios Palesis

Kinanis LLC, Partner

Marios is a qualified Accountant and a Fellow member of Association of Certified Chartered Accountants (FCCA), as well, as a member of the Institute of Certified Public Accountants of Cyprus, member of Advanced Diploma in International Taxation (ADIT) and International Tax

Affiliate of the Chartered Institute of Taxation (CIOT).

Marios has significant experience in Transfer Pricing and international tax planning. He is servicing clients in Cyprus, Malta, Eastern Europe and in other jurisdictions around the globe.

His focus is on financial transactions and digital business