Finland was the first country to adopt TRACE, the OECD Treaty Relief and Compliance Enhancement Package and there are only a few months to go until the first TRACE reports must be submitted to the competent authorities.
TRACE was created to streamline the procedures for claiming reduced tax rates by leveraging on the central role of intermediaries, that, when becoming Authorised Intermediaries, agree to the automatic exchange of information, thus taking advantage of the opportunity to simplify cross-border investments for its clients.
In this complimentary webinar discussion you’ll be able to learn about the real advantages of TRACE, for Finland introducing some adaptations, for potential further countries adopting this regime, and last but not least for clients and their custodians registering as AI. Are there challenges for the industry and how do experts assess the success of this initiative regarding the potential for second and third movers?
Date: Thursday, 27 May 2021. 11 am CET / 12 pm Vienna time.