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Planning for Future Tax Legislations

                                            saved. The tax department receives the      Reporting, both to the appropriate
                                            resources it needs, the appreciation it     regulatory and taxing authorities must
                                            deserves and becomes an integral part       be accurate, favorable and timely. Goals
                                            of the decision process.                    focused on improving the company’s
                                                                                        cash flow should be set for the team.
                                            With a new political climate in the         The entire department should
                                            wings, and the uncertainty of a             demonstrate an exemplary work ethic to
                                            struggling economy, what problems           the rest of the organization and work to
                                            do you predict for Tax Officers?            build a culture of team work between
                                                                                        departments. If tax professionals can
                                            Upcoming tax legislation has to be          accomplish these goals, the organization
                                            considered, as transactions in the          as a whole will become far stronger.
                                            present and future need to be
Interview with: Michael Hainkel,            structured around those laws. With so       Is there any further advice you
Senior Vice President, Tax, Lions           many governments considering how to         would like to add?
Gate Entertainment Corporation              raise revenue, tax rates are expected to
                                            fluctuate, current incentives are at risk   If communication readily flows in the
                                            and initiatives to accelerate the           organization, the tax department will be
Tax Officers must be conscious of           repatriation of foreign earnings are        considered an advisor and information
future legislation that may be enacted,     being seriously discussed. In essence,      will be shared. Better decisions will be
so that they can help influence laws and    Tax Officers cannot know what               made and transactions will be properly
warn management to include them in          sweeping legislation will be enacted but    reported.
their decision-making, says Michael         they must plan around and for it.
Hainkel, Senior Vice President, Tax,
Lions Gate Entertainment Corporation.       What are the benefits of tax
Certainty may not be available, but         professionals actively becoming a
transactions must be planned, he            part   of   m a n a g em e n t ’ s and


                                                                                         Tax Officers
adds.                                       operation’s     decision -making
                                            process?
A speaker at the marcus evans Tax
Officers Summit XIV 2012, in Las            Tax professionals can help operational
Vegas, Nevada, November 8 -10,
Mr Hainkel discusses the needs and
goals of Tax Officers and how achieving
                                            leaders achieve their goals more
                                            efficiently by helping them properly
                                            structure their transactions. This will
                                                                                          must plan
these can work towards the
organization’s savings.
                                            ensure that only the appropriate tax is
                                            paid and cash flow is improved. Without
                                            this involvement, managers make
                                                                                            around
                                                                                           and plan
Why should the entire organization          decisions that may appear to save the
be informed about tax savings?              company money but may actually cost it
                                            more.


                                                                                          for future
When the entire organization knows
about tax savings, everyone                 What goals should they strive for
understands the tax department’s            within their function, and how can
function better; they start thinking        these be achieved?
about how the department can help
their division and begin to ask questions
as transactions are planned. The more
                                            The tax department must have access
                                            to decision-makers and funding to
                                                                                         legislations
members of the organization engage the      acquire employees and the research
tax department, the more money can be       tools it needs to meet its objectives.
About the Tax Officers Summit XIV 2012
  The Finance Network – marcus
                                               This unique forum will take place at the Red Rock Casino, Resort & Spa, Las Vegas,
  evans      Summits       group delivers
                                               Nevada, November 8-10, 2012. Offering much more than any conference, exhibition
  peer-to-peer          information     on
                                               or trade show, this exclusive meeting will bring together esteemed industry thought
  strategic     matters,     professional
                                               leaders and solution providers to a highly focused and interactive networking event.
  trends       and       breakthrough
                                               The Summit includes presentations on corporate tax management, global property
  innovations.
                                               tax management, marketing the tax department, transfer pricing, and identifying
                                               mitigating transfer pricing risks.


                                               www.taxofficerssummit.com




                                                Contact
  Please note that the Summit is a
                                                Maria Gregoriou, Journalist, marcus evans, Summits Division
  closed     business    event    and   the
  number      of   participants    strictly     Tel:     + 357 22 849 400
  limited.                                      Email:   press@marcusevanscy.com


                                                For more information please send an email to info@marcusevanscy.com

                                                All rights reserved. The above content may be republished or reproduced. Kindly
                                                inform us by sending an email to press@marcusevanscy.com




About marcus evans Summits

marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss
strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to
individually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings.


For more information, please visit: www.marcusevans.com



Upcoming Events

CFO Summit (North America) - www.cfosummits.com


European Tax Summit - www.taxsummit.com


Tax Summit (ANZ) - www.taxanzsummit.com




To view the web version of this interview, please click here: www.taxofficerssummit.com/MichaelHainkel

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Planning for Future Tax Legislations: Interview with: Michael Hainkel

  • 1. Planning for Future Tax Legislations saved. The tax department receives the Reporting, both to the appropriate resources it needs, the appreciation it regulatory and taxing authorities must deserves and becomes an integral part be accurate, favorable and timely. Goals of the decision process. focused on improving the company’s cash flow should be set for the team. With a new political climate in the The entire department should wings, and the uncertainty of a demonstrate an exemplary work ethic to struggling economy, what problems the rest of the organization and work to do you predict for Tax Officers? build a culture of team work between departments. If tax professionals can Upcoming tax legislation has to be accomplish these goals, the organization considered, as transactions in the as a whole will become far stronger. present and future need to be Interview with: Michael Hainkel, structured around those laws. With so Is there any further advice you Senior Vice President, Tax, Lions many governments considering how to would like to add? Gate Entertainment Corporation raise revenue, tax rates are expected to fluctuate, current incentives are at risk If communication readily flows in the and initiatives to accelerate the organization, the tax department will be Tax Officers must be conscious of repatriation of foreign earnings are considered an advisor and information future legislation that may be enacted, being seriously discussed. In essence, will be shared. Better decisions will be so that they can help influence laws and Tax Officers cannot know what made and transactions will be properly warn management to include them in sweeping legislation will be enacted but reported. their decision-making, says Michael they must plan around and for it. Hainkel, Senior Vice President, Tax, Lions Gate Entertainment Corporation. What are the benefits of tax Certainty may not be available, but professionals actively becoming a transactions must be planned, he part of m a n a g em e n t ’ s and Tax Officers adds. operation’s decision -making process? A speaker at the marcus evans Tax Officers Summit XIV 2012, in Las Tax professionals can help operational Vegas, Nevada, November 8 -10, Mr Hainkel discusses the needs and goals of Tax Officers and how achieving leaders achieve their goals more efficiently by helping them properly structure their transactions. This will must plan these can work towards the organization’s savings. ensure that only the appropriate tax is paid and cash flow is improved. Without this involvement, managers make around and plan Why should the entire organization decisions that may appear to save the be informed about tax savings? company money but may actually cost it more. for future When the entire organization knows about tax savings, everyone What goals should they strive for understands the tax department’s within their function, and how can function better; they start thinking these be achieved? about how the department can help their division and begin to ask questions as transactions are planned. The more The tax department must have access to decision-makers and funding to legislations members of the organization engage the acquire employees and the research tax department, the more money can be tools it needs to meet its objectives.
  • 2. About the Tax Officers Summit XIV 2012 The Finance Network – marcus This unique forum will take place at the Red Rock Casino, Resort & Spa, Las Vegas, evans Summits group delivers Nevada, November 8-10, 2012. Offering much more than any conference, exhibition peer-to-peer information on or trade show, this exclusive meeting will bring together esteemed industry thought strategic matters, professional leaders and solution providers to a highly focused and interactive networking event. trends and breakthrough The Summit includes presentations on corporate tax management, global property innovations. tax management, marketing the tax department, transfer pricing, and identifying mitigating transfer pricing risks. www.taxofficerssummit.com Contact Please note that the Summit is a Maria Gregoriou, Journalist, marcus evans, Summits Division closed business event and the number of participants strictly Tel: + 357 22 849 400 limited. Email: press@marcusevanscy.com For more information please send an email to info@marcusevanscy.com All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.com About marcus evans Summits marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings. For more information, please visit: www.marcusevans.com Upcoming Events CFO Summit (North America) - www.cfosummits.com European Tax Summit - www.taxsummit.com Tax Summit (ANZ) - www.taxanzsummit.com To view the web version of this interview, please click here: www.taxofficerssummit.com/MichaelHainkel