New article by Jakob Bundgaard – Private Sector Engagement in Tax Policy Issues – Contours of a Fast-Growing Discipline
In a newly published article in Tax Notes International, our managing director Jakob Bundgaard introduces a concept of private sector involvement in tax policy as a distinct professional services discipline in which private sector tax professionals can play an important role in the development of tax policy. At CORIT Advisory we are increasingly being engaged in international tax policy assignments.
Multinational enterprises of a certain caliber are being increasingly exposed to the challenges of international taxation, while policymakers (up to heads of state) and the public at large are paying ever greater attention to tax issues. This calls for a strategic approach to taxation, including
considering whether the private sector should engage in tax policy issues.
Bundgaard argues that we are witnessing a global trend of significantly increasing private sector engagement in tax policy issues — maybe in response to the increased public attention and interest in the topic. MNEs are strategically engaging in the field, aiming to prepare for the flow of new tax policy initiatives and to make themselves heard. They are eager to provide practical input to the design of new initiatives or to argue for improved framework conditions through constructive dialogue.
In this article the private sector tax engagement phenomenon is described and explained to uncover the contours of what is arguably an actual professional services discipline: private sector engagement in tax policy issues.
Please find the article below.
Our Managing Director and Founder Jakob Bundgaard turns 50
Introducing Our New Logo
CORIT Advisory has embarked on a new trajectory with increased ambitions.
We are now openly stating that we want to become a European tax powerhouse. To that end we have initiated several measures to increase the professionalization of the firm and to support for the future strategy.
We are currently finalizing our new office space and are preparing our footprint outside of Denmark. To support the new strategy, we also felt it was time to upgrade our logo, which has served us well for 11 years and in fact dates back to the very foundation of CORIT as a tax think tank in 2007.
The new logo is intended to show sophistication and simplicify combined, while being recognizable. We maintain the same corporate color scheme.
New article by David Schjelde
David Schjelde explains the purpose of the proposed implementation of CbCR requirements in Danish Financial Statements Act in his new article.
Read the article here
Publication from Andrea Højgaard Jørgensen
CORIT member Andrea Højgaard Jørgensen shares her thoughts on “hidden” withholding taxes in mixed contracts in a recent publication.
Read the full publication here
New Board of Directors at CORIT
CORIT has a new board of directors comprised of very capable and experienced profiles. The primary role of the board is to challenge and support the daily management in achieving the strategy of the firm. We are extremely proud that such distinguished professionals and nice people are willing to engage themselves in the future development of CORIT as a tax powerhouse.
Recently we got to take a joint photography after a board meeting on a sunny day in August. Please meet our board of directors:
- Bjørn Sibbern – President of European Markets, Nasdaq
- Erik Holst Jørgensen – Professional Board Member and Consultant
- Lars Nørgaard – CEO T&W Medical
.
Invitation to CORIT’s Celebrational International Tax Conference
“Past and future international tax developments”
Copenhagen 10 March 2022
CORIT Advisory cordially invites the tax community to an international tax conference.
As CORIT has existed for 10 years in 2022, we wish to share the celebration with friends, colleagues and clients by hosting a big celebration conference. What better way to mark this event than through a celebration of our great passion: international tax law.
The overall theme of the conference is two-fold. Firstly, we wish to address the major and unprecedented developments that have taken place within international taxation during the past decade. Secondly, the conference will address the important developments of the future.
We proudly present renowned international experts as speakers and panelists from in-house tax functions, consultancy and academia.
Registration
Everybody is welcome but limited seats are available. Accordingly, please express your interest in participating by sending an e-mail to conference@corit.dk
A participation fee of DKK 2,500 is required to prevent no show.
Venue
Charlottehaven
Hjørringgade 12C, 2100 København Ø
The CORIT Point Of View Newsletter 2021
CORIT to strengthen the transfer pricing offering with a senior hire with broad industry background
We are very pleased to announce that David Schjelde, will join CORIT as Senior director, Transfer pricing as of 1. October 2021.
David will contribute with a broad experience combined with the technical skills needed to excel in transfer pricing.
In his past David has extensive experience in management and business strategy. From the role as CFO he has helped set up and implement corporate structures, transfer pricing strategies and procedures and IPR strategies and procedures.
The diverse background has given David the ability to analyse different organisations and understand their transfer pricing challenges from a practical perspective to the benefit of clients. He knows many of the issues that relate to implementation of transfer pricing procedures in accounting and elsewhere in a multinational organisation.
Please do not hesitate to reach out to David or any other CORIT member if you want to learn more.