Mazars, an international organisation specialising in audit, accountancy, taxation, legal and consulting service, represented locally by Mazars Malta, is holding an international tax conference entitled ‘Life after BEPS, and how the IMF, the EU, the OECD and the UN are shaping the future of international tax policy’. The conference will be held in London on October 13 in collaboration with King’s College London.
Explaining the conference theme, Mazars Malta tax partner Paul Giglio said “Base Erosion and Profit Shifting (BEPS) refers to tax planning strategies that exploit gaps and mismatches in tax rules to artificially shift profits to low- or no-tax jurisdictions where there is little or no economic activity.
“Although some of the schemes used are illegal, most are not. This undermines the fairness and integrity of tax systems because businesses that operate across borders can use BEPS to gain a competitive advantage over enterprises that operate at a domestic level.”
A number of executives from Mazars Malta will be attending the event.
MSV Life chief officer, business development
Michael Galea has been appointed MSV Life chief officer, business development. He will be responsible for directing and coordinating the design, establishment and optimisation of the business development value chain of MSV Life, including its marketing function, providing leadership and direction to ensure that the organisation achieves its strategic objectives. Mr Galea will be a member of the executive management committee of MSV Life plc.
Mr Galea has had a 30-year career in the banking sector where he held various senior management appointments, the most recent being those of Bank of Valletta chief officer, operations and chief electronic banking officer.
He has also served as chairman of the executive committee of the Malta Bankers’ Association. Mr Galea is a graduate in business management and has read for master’s degrees in European Studies and Integrated Marketing Communications at the University of Malta. He is an associate of Trinity College London.
MSV Life CEO David Curmi said: “Our company is embarking on a very challenging journey, an exciting new phase of growth and development.
“Mr Galea brings solid experience and expertise to meet these challenges through a proven record of operational leadership, strategy development, customer service, team building, financial management and relationship management.”