The EU Carbon Border Adjustment Mechanism (CBAM): Policy, Design and Compliance
This webinar examines the tax initiatives pursued by the European Union under the EU Green Deal, with a focus on the carbon border adjustment mechanism (CBAM).
The CBAM is an environmental tax measure aimed at reducing the risk of carbon leakage and fulfilling the EU ambitions in the field of climate mitigation. It is based on a system of certificates covering the embedded emissions in imported products, so that importers must pay the same carbon price as domestic producers under the EU emission trade system (ETS).
The webinar discusses the technical design, the reporting obligations in place during the transitional period, the full implementation of CBAM as from 2026 and the compliance burden imposed on importers.
Block 1: The EU Green Deal: Focus on the tax aspects
Block 2: The carbon border adjustment mechanism (CBAM): Policy objectives
Block 3: CBAM: Scope and technical design
Block 4: Implementation and transitional period
Block 5: Compliance
Block 6: Critical remarks
After participating in this webinar, you will be able to:
- Navigate through the different tax initiatives pursued by the European Union under the EU Green Deal
- Evaluate the policy objectives of CBAM and describe its functioning
- Assess the impact of CBAM on import activities and the compliance burden
- Identify critical issues deriving from the implementation of CBAM
- Speakers:
- Merijn Betjes (Director, KPMG Netherlands)
- Werner Engelen (Head Policy and Controversy, LEGO)
- Facilitator: Laura Alarcon-Diaz (Senior VAT Specialist, IBFD)
This webinar is suitable for all tax professionals who wish to understand the functioning and impact on businesses of the EU carbon border adjustment mechanism.
This is an intermediate-level webinar. Participants in this webinar are expected to be familiar with the key concepts of tax law.
On-demand webinars are intended for individual self-study only. Unlike live webinars, they are not open to interactive participation nor do they offer the assistance of a real-time instructor. Access to on-demand webinars is granted for a period of 12 months.
Many accrediting organizations will grant continuing professional education (CPE) credit(s) for an IBFD audio-visual broadcast. It is advisable, however, that you check with your accrediting body as to whether this applies only to live webinars or to on-demand webinars as well.
International Bureau of Fiscal Documentation (IBFD) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of CPE on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. NASBA CPE credit – 1 (only applicable to live webinar).
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- Field of study: Taxes
- Recording date: 22 February 2023
Group Participation
If you are an enterprise and would like to register a group of more than 5 participants from your company, please email us at info@ibfd.org for more details.