presents the 7th annual GLOBAL Transfer Pricing Forum 2007

SEPTEMBER 25TH & 26TH THE ,

in association with global Transfer Pricing Forum 2007

The Hotel Adlon

Following a rich history since October 1907, with the reunification of , the world was finally able to witness the rebirth of the grand Hotel Adlon. On August 23, 1997 the president of the Federal Republic of Germany opened the new Hotel Adlon, a Kempinski hotel, rebuilt on the same location as the original hotel, directly opposite the , reviving the high standards Adlon Kempinski of luxury and service that had made the original hotel so famous.

When you enter the Hotel Adlon Kempinski Berlin, you feel an atmosphere inspired by an illustrious past and a dynamic modernity. All facilities, from the "Quarré", the Gourmet Restaurant "Lorenz Adlon" and the Lobby Lounge & Bar to the guest rooms and suites, meet the most exacting demands for comfort and serv- ice. Hospitality in the best Hotel Adlon tradition has been reborn. Small Wintergarden The Hotel Adlon Kempinski is situated in the heart of Berlin, next to the famous Brandenburg Gate.

Distance from Hotel Adlon Kempinski Airport: Berlin Tegel - 9 km, 20 min Berlin Tempelhof - 5 km, 10 min Berlin Schönefeld - 21 km, 45 min Trainstation: Central Station "Berlin Hauptbahnhof" - 2 km, 10 min Wintergarden

Hotel address: Hotel Adlon Kempinski Berlin 77 10117 Berlin, Germany

Tel: +49 (0)30 2261-0 E-Mail: [email protected]

Hotel Booking Details:

To take advantage of the very special conference rates, please contact the Hotel Adlon directly on:

Tel: +49 30 2261 1111 Fax: +49 30 2261 1116 Email: [email protected]

Please quote the 'Global Transfer Pricing Forum' to book under the conference room block rates.

The room block for the conference is for Deluxe Rooms priced at:

€265,00 per night for single use

€305,00 per night for double use

Room rate includes 19% VAT and service charges. Breakfast is offered at €34,00 per per- son under the room block. Complimentary tea, coffee and pastries will also be served at the conference registration.

SEPTEMBER 25TH & 26TH THE HOTEL ADLON, BERLIN global Transfer Pricing Forum 2007

Internationa GLOBAL Transfer P September 25th & 26th,

DAY ONE: TUESDAY, SEPTEMBER 25TH

8:30AM Registration 9:00AM Opening remarks Ralph Cunningham, International Tax Review, UK John Peterson, Partner, Baker & McKenzie, US Host: Marc M. Levey, Partner, Baker & McKenzie, US 9:05AM Keynote address Speaker to be announced

9:20AM THE FUTURE OF GLOBAL TRANSFER PRICING Trends in Compliance, Disclosure and Financial Reporting (FIN 48) • Emerging issues and developments • Risk Management and Audit Trends • APA evolution - risk management tool or surrender • Trends in Financial Statement Disclosures and Reporting (FIN 48) • Customs and Transfer Pricing Integration • Arms, Length Standard or Formulary apportionment? Moderator: John Peterson, Partner, Baker & McKenzie, US Michael Gaffney, Global Head of Tax, Merrill Lynch, US James Fuller, Partner Fenwick & West, US Sarah Fahy, Vice President, Sony Global Tax, Europe

10:45AM Coffee break

11:15AM GERMAN TRANSFER PRICING DEVELOPMENTS SIGNIFICANTLY IMPACTING THE EU AND THE OECD • Is non-routine really not routine? Methods and margins for in-betweens • “Perfect” information U.S. Market Reality • Transfer of functions and business restructuring • Empirical or hypothetical arm’s length analysis • Commensurate with income standard • APAs on the rise Moderator: Stephan Schnorberger, Partner, Baker & McKenzie, Germany Werner Stuffer, VP Taxes International, Siemens, Germany Bas de Mik, Deputy Tax Director, ABN AMRO, Other panelists to be confirmed 12:30PM Lunch 2:00PM MIGRATIONS AND TRANSFER OF FUNCTIONS AND RISKS • Update on OECD project • Application of the arm’s-length principle in different global regions • Implication for financial institutions • Audit and planning issues • Practical examples of transferable functions and risks with significant substances Moderator: Christian Brodersen, Partner, Baker & McKenzie, Germany Mattias Werra, Tax Director, BASF, Germany Oliver Wehnert, Partner, Ernst & Young, Germany Other panelists to be confirmed 3:15PM Coffee Break 3:45PM LEGAL AND TAX ISSUES SURROUNDING INTANGIBLE TRANSFERS • Legal and Tax Definitions of Intangibles • Protecting the “Crown Jewels” • Transfer of intangibles/business opportunity • Marketing intangibles - controversy over ownership and valuation Moderator: Marc M. Levey, Partner, Baker & McKenzie, US Robert S. Kirschenbaum, Partner, Baker & McKenzie, US Stephane Gelin, Partner, Bureau Francis Lefebvre Alexander Odle, Partner, Baker & McKenzie, US Other panelists to be confirmed 5:30PM Cocktail reception

SEPTEMBER 25TH & 26TH THE HOTEL ADLON, BERLIN al Tax Review ricing Forum 2007 The Hotel Adlon, Berlin

DAY TWO: WEDNESDAY, SEPTEMBER 26TH

9:15AM Introduction Host: Christian Brodersen, Baker & McKenzie, Germany 9:30AM TRANSFER PRICING & GLOBAL WARMING • Kyoto Protocol Basics and Emission Reduction Projects • Supply chain income and profit allocation • VAT/Accounting and other tax related issues • How broad are the implications of these projects? Moderator: Monique van Herksen, Partner, Baker & McKenzie, Netherlands Josh Carmody, Senior Project Management, Asian Development Bank Kristin Yoshida Global Transfer Pricing Manager Shell International, Netherlands Martijn Wilders, Baker & McKenzie, Australia 11:00AM Coffee break 11:15AM GRAPPLING WITH DIFFICULT ECONOMIC ISSUES IN TRANSFER PRICING • Valuation approaches for intangibles, including cost-sharing buy-ins • Marketing intangibles – does mere spend create intangibles? • Specified and unspecified methods: strengths and weaknesses • Valuation methods preferred by tax authorities • Current OECD thinking • Balancing data searches/criterion for consistency in different geographic regions Moderator: Richard Fletcher, Senior Director, Baker & McKenzie, UK Brian Cromwell, Principal Economist, Baker & McKenzie Consulting LLC Dan Peters, Duff & Phelps, US Isabel Verlinden, PriceWaterhouseCoopers, Belgium David Guenther, Economist, Microsoft Corp., US 12:30PM Lunch 2:00PM CHANGES IN OECD GUIDELINES – CHAPTER 1 Moderator: Pierre-Yves Bourtourault, Partner, Baker & McKenzie, France Dirk van Stappen, Tax Partner, KPMG, Belgium Hartmut Foerster, Adviser, Transfer Pricing, OECD, France Lynda Walker, VP International Tax Counsel, United States Council for International Business Development 3:15PM Coffee Break 3:45PM TRANSFER PRICING ISSUES IN EMERGING COUNTRIES-CHINA, INDIA, LATIN AMERICA AND EASTERN EUROPE • Trends in Transfer Pricing Approaches, Methods, and Consideration of Intangibles • Customs and transfer pricing coordination • Recent experiences in tax controversies and with dispute resolution vehicles • Impact of China Tax Reform • Documentation requirements – how much is enough? Moderator: Luis Briones, Partner, Baker & McKenzie, Spain Mukesh Butani, Co-founder, BMR Associates, India Moises Curiel-Garcia, Baker & McKenzie, Mexico and Latin America Sharon Tan, Corporate Tax-Asia Pacific, Dell Asia, Singapore Glenn DeSouza, Baker & McKenzie, China Ted Keen, Vice President, Ballentine Barbera Group, UK

5:30PM Closing remarks

Further speakers still to be confirmed For more information and programme updates please visit: www.internationaltaxreview.com/tp2007

SEPTEMBER 25TH & 26TH THE HOTEL ADLON, BERLIN I would like to register for International Tax Review’s global transfer pricing Forum 2007 September 25th & 26th, The Hotel Adlon, Berlin

1. I wish to register: Registrations Early bird registrations (by August 10th) Private practice delegates – £1,195* or €1,750 or $2,380 Private practice delegates – £1,095* or €1,620 or $2,200 In-house tax executives – £995* or €1,450 or $1,980 In-house tax executives – £895* or €1,325 or $1,800 *(+VAT 17.5% UK delegates only) £/€/$ Total remittance

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Payment must be received before the conference date to guarantee your place. q Bank transfer quoting invoice number q Please debit my credit card Pounds Sterling: Account No: 1043191 Sort Code: 30-00-02 q Mastercard q Visa q Amex q Diners Club Lloyds Bank Plc, City Office, PO Box 217, 72 Lombard Street, Cardholder’s name: London EC3P 3BT (exactly as it appears on the card) US Dollars: Account No: 11512129 Card No:______/ ______/ ______/ ______Euro Account: Euromoney Institutional Investor Expiry date: ____ / ____ Valid from (Diners): ____ / ____ Lloyds TSB Bank, Account No: 59008833 Sort code: 30-12-18 Please include billing address if different from address given q Please find cheque enclosed (eg if your credit card bill is sent to your home address) (please make payable to Euromoney Institutional Investor PLC) Alternative billing address: Please note that in completing this booking form you undertake to q Invoice me adhere to the cancellation and payment terms listed below.

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4. Five EASY WAYS TO REGISTER:

Fax: Mail: Telephone: Fill in and fax this form to: Complete and return to UK: +44 (0) 20 7779 8999 +44 (0) 20 7779 8279 Pippa Martin US: +1 212 224 3570 Legal Media Group Email: [email protected] Nestor House, Playhouse Yard, Online: London, EC4V 5EX, UK at www.internationaltaxreview.com/tp2007

administrative information:

CANCELLATION POLICY: If you cannot attend you must cancel your registration in writing VENUE: Hotel Adlon Kempinski Berlin before Tuesday 18th September 2007 to receive a full refund less a 10% administration Unter den Linden 77 charge. We cannot accept verbal cancellations. Cancellations received after Tuesday 18th September 2007 are liable for the full conference fee. You may send a substitute to 10117 Berlin, Germany attend in your place at no extra charge. Tel: +49 (0)30 2261-0

REGISTRATION FEE: The registration fee includes participation in the conference, lunches, Email: [email protected] cocktail reception and documentation material, which will be distributed at the beginning of TRAVEL & ACCOMMODATION: Delegates are responsible for the arrangement and pay- the event. All bookings are binding on receipt of the booking form. ment of their own travel and accommodation. Delegates wishing to take advantage of pref- CANNOT ATTEND? Please pass this brochure on to a colleague or you can purchase the con- erential room rates at the Adlon should refer to the information overleaf. ference documentation for £330 (includes courier despatch). If your company is registered within the EU please supply your VAT number. International Tax Review is delighted to host the seventh Global Transfer Pricing Forum on September 25th & 26th 2007 at the Hotel Adlon in Berlin.

This prestigious annual event builds on previous successful editions in Barcelona, Berlin, New York, , Paris and London.

Leading transfer-pricing personalities from all over the world will discuss issues such as how to han- dle controversies; intangibles; economic issues and migrations and transfer of functions and risks.

This year also sees panels discussing new hot topics such as German transfer pricing develop- ments significantly impacting the EU and the OECD; transfer pricing and global warming, and transfer pricing in emerging markets, specifically China, India, Latin America and Eastern Europe.

Senior specialists will moderate each panel, ensuring they are as interactive and useful for our audience as possible.

One of the key benefits of International Tax Review’s Global Transfer Pricing Forum is the strong focus on the practical issues for large corporates when faced with the compliance chal- lenge of coordinating their global transfer pricing documentation. Apart from the top-notch speaker line-up, this event distinguishes itself by the focus on the practical commercial realities and transfer pricing rules in the real-world context.

Attendees will hear tax directors from some of the largest multinationals in the world share their transfer pricing experiences and offer insights as to how to best avoid some of the pitfalls.

Networking opportunities include four half-hour coffee breaks, lunch on both days and a cocktail reception at the end of day one.

It is the pre-eminent transfer pricing event in world giving access to the top in-house tax execu- tives at multinationals, their tax advisers as well as leading public officials.