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.

Topics Covered

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

Learning Objectives

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

Instructors

  • Speakers:
    • Merijn Betjes (Director, KPMG Netherlands)
    • Werner Engelen (Head Policy and Controversy, LEGO)
  • Facilitator: Laura Alarcon-Diaz (Senior VAT Specialist, IBFD)

Field of study

Taxes
 

Who should participate

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.

Course level and prerequisites

This is an intermediate-level webinar. Participants in this webinar are expected to be familiar with the key concepts of tax law.

Advance preparation

No advance preparation is needed. Participants are expected to be familiar with the key concepts of international tax law.

Interactive webinar – “Group Internet Based” (live webinar only)

During live webinars, it is possible to interact with the presenters via a chat message function. Please note that questions are answered based on relevance, order of receipt and available time. Additionally, participants in the live webinar are invited to answer poll questions. Participants will also have access to the on-demand version for a further 12 months from the live date.

Date of live broadcast: 22 Feb 2023

On-demand webinar

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.

Webinar registration details

If you have any questions regarding following the webinar, technical requirements, or payments and cancellations, please consult our FAQ.