Baker McKenzie’s EMEA Tax Practice Group presented an overview on “Wealth Management” on 7 July 2020, the fourth in a series of short webinars to keep tax professionals abreast of recent developments in these less than certain times.
Wealth management experts in this session focused on the impact of COVID-19 on families and financial institutions across EMEA. They discussed present and future key concerns and priorities in the wealth management industry, explored potential opportunities in the new circumstances and considered how tax authorities will address the challenge of increasing collections after COVID-19.
Finally, they addressed potential tax increases and uncertainties surrounding the taxation of individuals in light of restrictions on international travel and stranded tax residents.
View the recorded webinar. Password: WMwebinar.2020