ALFI Seminar on Taxes for Investment Funds
Leading-edge tax expertise
Myriam Aswad is a Senior Tax Product Manager at Northern Trust. In her role, she drives the global tax product strategy and supports Northern Trust businesses with technical leadership in relation to market and regulatory tax changes. Myriam Aswad has built her career in the asset management industry with nearly two decades of experience. After starting her career as a lawyer, she transitioned to the banking sector where she led the Investment Tax and Depositary on-boarding teams at State Street Bank, before moving to Northern Trust’s Product Team. Myriam represents Northern Trust in ALFI and ABBL tax working groups. She has a Postgraduate Degree in Tax Law from the University of Paris II, Pantheon-Assas and is an attorney at law admitted to the Paris and Luxembourg Bar.
Speaking at
Investment funds often face obstacles which constitutes actual barriers to cross-border investment when trying to access reduced withholding tax rates or exemptions in source countries. The proposal for a Council Directive on Faster and Safer Relief of Excess Withholding Taxes (FASTER), released on 19 June 2023, has created expectations for EU harmonised rules that simplify the process for obtaining relief at source or refund of excess withholding tax borne by investors. The panel will discuss the legal and implementation challenges raised by the FASTER Directive to effectively enable end investors access withholding tax relief and/or quick refund systems and eliminate tax barriers to cross-border investment.
Partner
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