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European tax professionals gather in London for annual assembly

More than 100 leading tax professionals from across Europe are gathering in London today for one of the biggest events in the European tax calendar.

The annual General Assembly of CFE Tax Advisers Europe brings together representatives of tax professional bodies from 24 European countries, including the Chartered Institute of Taxation (CIOT) and the Tax Faculty of the Institute of Chartered Accountants of England and Wales (ICAEW) from the UK. The General Assembly takes place tomorrow (Friday) in the City of London but assembly members will attend a welcome reception hosted by CIOT at the Tower of London this evening and a gala dinner at ICAEW’s Chartered Accountants Hall tomorrow, as well as committee meetings throughout the two days.

Commenting, CIOT President Ray McCann said:

“We are delighted to welcome the CFE to London once again. The issues facing tax advisers across Europe have a lot in common. From the role of technology in tax administration to the rise of the digital economy it is increasingly important for tax professionals in different countries to talk to each other, to exchange information and to contribute together to consultations on tax law by international institutions such as the EU and OECD.”

Commenting, ICAEW President Paul Aplin said:

“Whatever the final shape of Brexit might be, ICAEW is firmly committed to maintaining a strong relationship with our colleagues from across Europe. There is a compelling need to address accountancy and audit issues in an eventual future UK-EU27 agreement, particularly in terms of mobility of talent, mutual recognition of qualifications and mutual recognition of regulatory frameworks. These matters are critical given the role of financial information for the stability of markets and the extensive degree of market inter-dependency between the UK and EU. ”

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