Digitally Managing Indirect Taxes in the Age of the Digital Economy and the Sharing Economy
Most companies nowadays are moving towards digitization to market and to reach their customers, altering the shape of traditional supply chains as a result. The rise of e-commerce has opened opportunities for business of all sizes, in all jurisdictions, to reach new markets far more quickly and efficiently without the need to create another physical establishment. With the rapid expansion of digital economy, the popularity of indirect taxes has also increased, which consequently led to new regulations and capital requirements.
In a global digital environment characterized by changing business models and increasing prevalence of indirect taxes, made more complicated by evolving indirect tax laws, it has become an increasing need for companies to efficiently manage their indirect tax processes and reporting obligations. Failure to keep up with these changing paces can create risk incurring assessments and penalties for non-compliance that can have adverse impact on the company's cash-flow.
Join us in a one-hour live webcast as we explore the significant and latest issues with the prevalence of indirect taxes in the digital age. The audience will also learn strategies and tips in managing indirect tax processes and reporting and ensure compliance with existing and new indirect tax laws.
Key topics include:
- Understanding Indirect Taxes in the Digital Age
- Key Issues and Challenges for Companies
- Changes in VAT/GST Laws
- Other Legislative and Regulatory Updates
- Leveraging Technology Solutions
- Managing Indirect Tax Compliance
McCarthy Tétrault LLP
- Cross-Border Digital Economy
- Canada/Québec Agreement
- Constitution Act, 1867
- OECD and others
- Taxation by Contracts
The 2015 Québec Economic Plan
- Digital Economy
- Sharing Economy
- Financial Institutions
- Canada Revenue Agency
- Requests for Information
- New Targets?
Who Should Attend:
- Chief Financial Officers
- Tax Professionals (especially with Indirect Tax Responsibilities)
- Tax Lawyers
- Online Retailers, Distributors, Manufacturers and Vendors
- Compliance Officers
Mr. Cloutier is a partner in the Montréal Tax Group. His practice focuses on dispute resolution and litigation in Federal, Provincial and real-estate tax matters, as well as in GST/HST/QST.
Mr. Cloutier has appeared before all levels of Court in Canada in tax matters, pleading both in English and French.
Mr. Cloutier has been at the forefront of the tax and regulatory issues raised by the sharing economy and electronic commerce and has implemented innovative tax compliance solutions with tax authorities for the world’s leading sharing economy platforms.
Mr. Cloutier has been recognized by the Canadian Legal Lexpert Directory, Best Lawyers in Canada, both the International Tax Review's Tax Controversy Leaders and Indirect Tax Leaders guides, Taxnet Pro’s Tax Experts Directory, and the APFF Experts Directory. He is a frequent speaker, including for the Canadian Tax Foundation, the Tax Executive Institute and the Tax and Financial Planning Association (APFF).
Mr. Cloutier was called to the Québec Bar in 1999.
Print and review course materials
Method of Presentation:
On-demand Webcast; Group-Internet Based
NASBA Field of Study:
Taxes - Technical
NY Category of CLE Credit:
Areas of Professional Practice
1.0 CPE; 1.0 IRS-CE
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About McCarthy Tétrault LLP
McCarthy Tétrault is Canada’s premier full-service law firm, with nearly 600 lawyers across our offices in all major business centres in Canada (Quebec, Ontario, Alberta and British Columbia) and in New York City, US and London, UK. We regularly advise on many of the largest transactions, cases and engagements in Canada and around the world and provide top-tier coverage across Canada in all critical areas of expertise.
We pride ourselves on providing a superior client experience by delivering the highest quality legal services more efficiently. We do this through seamless collaboration between offices, innovative service models and a sharp focus on our clients’ business objectives.