At the Chamber of Public Accountants and Tax Advisors (KWT) Conference in Feldkirch, Professor Martin Wenz and Dr. Patrick Knörzer gave on 17 May 2012 a speech on the topic of “Current developments in taxation of asset structures (foundations, trusts) in Germany, Austria and Liechtenstein”.
At the Chamber of Public Accountants and Tax Advisors (KWT) Conference in Feldkirch, Professor Martin Wenz and Dr. Patrick Knörzer gave on 17 May 2012 a speech on the topic of “Current developments in taxation of asset structures (foundations, trusts) in Germany, Austria and Liechtenstein”.
In their speech, Professor Martin Wenz, who holds the Chair for Tax Management and the Laws of Liechtenstein and International Taxation, and Dr. Patrick Knörzer, assistant professor at the chair, first introduced the challenges that Liechtenstein as a tax location is confronted with, the Liechtenstein tax reform and Liechtenstein’s international tax cooperation. They went on to explain the taxation of foundations and trusts, and their founders/trustees and beneficiaries, in Germany, Austria and Liechtenstein. Professor Martin Wenz and Dr. Patrick Knörzer also focused on the current decisions of the Austrian and German courts, as well as their legal implications in relation to foundations and trusts in Liechtenstein.
Topics discussed as part of this year’s KWT Conference include the following:
– The fiscal function of taxes
Professor Gerhard Lehner
– Current developments in corporate tax law
Public accountant and tax advisor Professor Karl
Bruckner, Mag. Christoph Schlager
– Pitfalls in corporate succession
University professor Dr. Sabine Urnik
– Recognizing and combatting money laundering
Dr. Severin Glaser
– Corporate restructuring in combination with the selection
of the legal form
Tax advisor Dr. Petra Hübner-Schwarzinger
– Accounting of corporate restructuring
Tax advisor and university professor MMag. Klaus Hirschler
– Current developments regarding the double taxation treaty
and mutual assistance
Ministerial Counsellor Dr. Heinz Jirousek
– Current developments regarding value added tax
Certified Business Manager (FH) Markus Fuchs,
tax advisor Dr. Helmut Schuchter
The Chamber of Public Accountants and Tax Advisors is the umbrella organization of tax advisors and public accountants in Austria. Its members include specialists in the areas of tax advice, auditing, accounting and balance sheets.