Norbert Neu, Chairman of the International Tax Committee

Slide 2 © DHPG 2006 Your Tax Committee Norbert Neu, chairman (Germany) Rajesh Sharma, member (UK) Ton Krol, member (The Netherlands) Luis Rafael Normey, member (Uruguay) Jonathan Bicher, member (Canada) Dennis Tomaras, member (Australia)

Slide 3 © DHPG 2006 Responsibilities and Objectives Training Marketing Technical services Regional responsibilities Sub-Committees and task forces

Slide 4 © DHPG 2006 Existing task forces – status quo Transfer Pricing (Rajesh Sharma) Remuneration Planning (Inez Anderson) Holding companies (Chris Curmi) Real Estate (Norbert Neu)

Slide 5 © DHPG 2006 Existing task forces - results TRANSFER PRICING: Analysis about transfer pricing rules in various jurisdictions, available in members’ area of Nexia website REMUNERATION PLANNING: Questionnaire about skills in various countries; results still to be published HOLDING REGIMES: Detailed analysis about legislations in EU- and Non-EU-jurisdictions, available in members’ area of Nexia website REAL ESTATE: Brochure as a marketing tool; electronic versions available in the public area of Nexia website

Slide 6 © DHPG 2006 Tax Link Quarterly publication Newsletter comprising contributions from several countries PDF-file Especially for members, but for (potential) clients as well Contributions of members highly appreciated!!

Slide 7 © DHPG 2006 Strategy of Nexia International as outlined by Gareth Pearce in Lisbon - the tax perspective (1) - StrategyThe Tax perspective Continue growth in international membership -United States (New York) -Eastern Europe Strengthen existing representation -Lack of specialization in tax matters -TC tries to help by identifying expert teams and by fostering exchange of information Work towards common standards -Apart from quality standards not as crucial as for audit work at the moment -Will become more important (e.g. multinational DD)

Slide 8 © DHPG 2006 Strategy of Nexia International as outlined by Gareth Pearce in Lisbon - the tax perspective (2) - StrategyThe Tax perspective Identify services with international appeal -Tax compliance for multinationals audited by Big-4-firms -One-stop-only services for expats of multinationals in cooperation with relocation and insurance companies -Client care meetings -Health check on international structures Encourage use of Nexia name -Belonging to an international network crucial in picking up interesting clients -Use of Nexia name for international tax work very helpful, but probably not as relevant as for audit work Improve internal and external communication - understanding of terms and of foreign tax concepts -relevance of Tax Meetings and Tax Conferences -Improvement of responsiveness of members

Slide 9 © DHPG 2006 Last Tax Conference: Geneva, Switzerland - topics - Understanding Tax Treaties Real Estate Investment Trusts (REITs) Decisions of the European Court of Justice Hot topics Country presentations Young partners’ presentations

Slide 10 © DHPG 2006 Last Tax Conference: Geneva, Switzerland - format - Two full days instead of three days Feed back: In favor of old format (3 days)7 delegates27 % In favor of new format (2 days)15 delegates58 % Indifferent4 delegates15 % Total26 delegates100 %

Slide 11 © DHPG 2006 Next Tax Conference: Sydney, Australia – Concept as in Geneva, but 3 days Focus on topics, which are relevant in this region

Slide 12 © DHPG 2006 SEE YOU IN S Y D N E Y!