Legal track #2 | Session 2 - EAT THE RICH, FEED THE RICH AND SHARE THE CAKE WITH THE NEW GENERATION
Organized by the Tax Law and the International Private Clients and Family Law Commissions
DATE & TIME
LOCATION
🗓️Tuesday, August 26 🕐 12:00-13:00 EDT
📍Waldorf Astoria
DESCRIPTION
Is it just to expect the rich to pay more? In an era where governments face immense challenges—from mitigating climate change to propelling technological advancements—the idea of harnessing the resources of the affluent is increasingly compelling. Yet, while indirect taxes and transmission levies such as VAT, wealth, and inheritance taxes can help bridge socio-economic gaps, they may also undermine entrepreneurial investment and hamper economic growth. Therefore, a balanced approach to taxation is essential.
In this session, we’ll investigate how tax policies influence the transfer of wealth across generations and affect entrepreneurial ambition. With the rise of tax transparency and a decline in offshore financial practices, affluent families are more committed than ever to contributing locally. Simultaneously, evolving family structures and models demand tailored solutions that ensure fair taxation while enabling entrepreneurs topreserve and pass on their legacy.
For emerging legal professionals, mastering these complexities and providing cutting-edge advice is essential.
Join us as we balance equitable taxation for entrepreneurs across diverse family models with the need to incentivize innovation, share nuanced perspectives, and examine international practices shaping tomorrow’s legal landscape.