Chair: Daniela Lavin (Uruguay)
Speakers:
Cristina Bulbuc (UK/Poland)
Brett Cotler (USA)
Estephanie Munar (Colombia)
Anita Nair (India)
Tristan Tan (Australia)
The fourth industrial revolution (4IR) refers to the transformative era where the boundaries between physical, digital, and biological worlds are blurring.
Unlike previous revolutions, 4IR is defined by its velocity of change and systems impacts, with systems of production, management, and governance being fundamentally disrupted. With the convergence of, for example, artificial intelligence and robotics, we are already seeing 'cobots" working alongside humans to perform complex tasks autonomously.
With the pace of change only expected to accelerate, this will inevitably serve to put even greater pressure on already strained nexus, attribution, and value creation constructs in international tax law. The YIN seminar will consider the challenges that the 4IR will likely give rise to in an international tax context and consider how tax administrations and taxpayers may respond. It will consider such questions as:
- What, if any, profit is required to be allocated to data centers and the physical infrastructure on which the 4IR is being built;
- How AI and robots may impact DEMPE and profit allocation more generally;
- What impacts 4IR technologies may have on questions of tax residence;
- The interaction between taxpayer rights and the use of AI by tax administrations;
- How digital change and developments in AI are impacting the conversation on global mobility