A tech enthusiast’s guide to The Tax Summit
This October, we’re heading to the Sydney ICC for the biggest tax event of the year: The Tax Summit.
It’s the first time we’ve held an event of this size, scope and shine since the inaugural Tax Summit in 2020 and we’re excited to welcome investors, traders, innovators, businesses and enthusiasts in the tech space to explore the evolving world of tax tech and data.
The world has become increasingly digital in the last few years. Clients, businesses and regulators are working with online platforms, getting involved in emerging tech like cryptocurrency and NFTs and utilising data in new and innovative ways. As tax professionals, its vital we keep up.
We’ve whipped up this quick guide to tech insights you’ll glean from The Tax Summit experience.
Goals for your Tax Summit experience
- Discover a new tech platform or service to check out later
- Add at least one new contact to your professional network
- Post about what you’re learning on LinkedIn – let others know your thoughts. Don't forget to include #TaxSummit22!
Must-see sessions for tech enthusiasts
This year, The Tax Summit features a panel discussion dedicated to digital and tax technology topics, facilitated by Danny Talwar, Head of Tax at crypto tax software, Koinly. Focussing on how technology and data impact the tax profession, these sessions are practical and insightful viewing for anyone interested in the digital world.
Session 17.5
Digital Assets
Speakers: Julian Humphrey, CTA, KPMG, Luke Imbriano, FTI, KPMG Law
The digital asset rollercoaster has only brought to sharper focus key tax considerations when owning and trading digital assets. Hear about income tax outcomes for cryptocurrency, Decentralised Finance (DeFi) assets, staking rewards and airdrops, and NFTs.
Plus, get an insight into the ATO’s perspective and the roadmap for the development of a digital asset tax framework in Australia.
Session 18.5
Transforming your Tax Function – the key to tax technology
Speakers: Pete Sanders, EY, Caroline Wright, EY, Andy Hung, Wolters Kluwer
As our working lives get busier, ‘work smarter not harder’ is becoming the mantra of clever tax professionals everywhere. Technology is your new best friend for prioritising projects, allowing for focus on the big picture and meeting key deliverables.
Hear about how technology helps shape the tax function of the future and how enhanced technology and data improvements can take the weight off your shoulders.
Session 19.5
Data – How to use it and how it is being used
Speaker: Marek Rucinski, Australian Taxation Office
2021 brought with it new forms and new disclosures for taxpayers and tax advisors, and Single Touch Payroll (Phase 2) commenced from 1 January 2022.
There is an ever-increasing volume of data being collated by taxpayers and advisers and being provided to the ATO, but what happens post-lodgement? How can taxpayers use this data, which often requires so much time and effort to collect, to create value and efficiency? Find out in this session.
Don’t miss these big-name speakers!
Session 2
Justice Hill Memorial Lecture – ‘Remembering Graham Hill’
Speakers: The Hon Michael Kirby AC CMG and Geoffrey Lehmann
With a pair of tax heavyweights like this on stage, this session is sure to be unmissable! Join us for Michael's memories of Graham Hill and tax law and Geoffrey Lehmann pondering “Why do we tax, and what?”.
Session 20
Closing Keynote – Seated Lunch
Speaker: Dominic Price, Atlassian
After three days of in-depth tax technical content and networking, it’s time to relax, sit back and enjoy a seated lunch and some inspiring thoughts from visionary presenter, Team Doctor and Work Futurist Dominic Price.
Talk to the crypto experts
One of the major emerging topics for tech and digital-savvy tax professionals and their clients is digital assets, including cryptocurrencies, NFTs and DeFi platforms.
Our friends at Koinly, one of Australia’s leading crypto tax tools, will be on the ground at The Tax Summit, available to chat to you about digital assets and how to help your clients complete their crypto taxes.
Koinly’s software matches transactions on the blockchain between wallets, enable automatic imports of crypto transactions, finds market prices at the time of trades, calculates crypto gains and losses and generates tax reports consistent with ATO guidelines on crypto assets.
Catch them in our gallery space at the ICC to find out more about supporting your clients through the world of cryptocurrency - as well as Koinly’s Head of Tax, Danny Talwar’s session on digital asset adoption and tax treatment of this new asset class.
Social events to join
Sydney is an incredible destination, with dining and fun activities galore. If you’re heading in from out of state, we recommend making your visit a little more special with activities like a trip to Taronga Zoo, dinner with a (birds' eye) view courtesy of Sydney Sea Planes or a self-guided adventure through the hidden bars of York, Clarence and Kent Streets (known locally as YCK).
There are also some fantastic evenings planned as part of The Tax Summit (if we do say so ourselves.) After limited opportunities to kick your heels up in the last few years, isn’t time you dusted off your dancing shoes and joined us?
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Published: 12 September 2022
- Summit
Welcome Reception
(Included with your Tax Summit ticket)
Join us onboard The Jackson super-yacht as we cruise the harbour and take in Sydney’s most famous sights. This is the perfect opportunity to meet your hosts and fellow attendees over cocktails, canapes and a sunset cruise.
Details:
Date: Wednesday, 19 October 2022
Time: 5.30 – 8.00pm
Price: Included in the full registration fee. Additional tickets $80 per person.
Dress: Business or business casual
Gala Dinner & The Tax Adviser of the Year Awards
(Included with your Tax Summit ticket)
Break out your tuxes and tiaras for our Gala Dinner at the ICC Sydney! This black tie soirée is the backdrop for our Tax Adviser of the Year Awards ceremony, where we celebrate the outstanding achievements of shining tax stars.
This year’s award categories are:
- Chartered Tax Adviser
- Emerging Tax Star
- Tax Adviser – Accountant
- Tax Adviser – Lawyer
- Inhouse Tax Adviser
Details:
Date: Thursday, 20 October 2022
Time: 7.00pm onwards
Price: Included in the full registration fee. Additional tickets $175 per person or $1,750 per table of 10
Dress: Black Tie to the theme of Diamonds are Forever
