Dbriefs Asia Pacific Tax Webcasts
Anticipating tomorrow's complex issues and new strategies is a challenge. Stay tuned in with Dbriefs that give you valuable insights on important developments affecting your business in Asia Pacific
Special Edition Webcasts
BEPS : Discussion Draft on Action 7 (Artificial Avoidance of PE Status)
26 November, 2:00 – 3:00 PM HKT (GMT +8)
Host: Steve Towers
Presenters: Claudio Cimetta, Leonard Khaw, Ben Pickford, and David Watkins
On 31 October 2014, the OECD released a discussion draft on BEPS Action 7 (artificial avoidance of PE status). This paper describes various proposals to significantly widen the definition of "permanent establishment" (PE) in Article 5 of the OECD model treaty – and thus broaden source country taxing rights. We'll discuss:
- Proposed changes to the dependent agent PE in Article 5(5) & (6).
- Proposed changes to the exceptions from PE status in Article 5(4).
- Splitting-up of contracts and insurance.
- Practical examples illustrating the impact of the proposed changes.
The BEPS project is the most important review of the world's international tax architecture in decades. Learn about the recent proposals to expand the PE definition, which is central to the BEPS initiative.
Asia Pacific Share Plans: Practical Considerations for Implementation in Hong Kong, India, and Japan
25 November, 2:00 – 3:00 PM HKT (GMT +8)
Host: Tony Jasper
Presenters: Russell Bird, Vivian Lam, and Aarti Raote
As share plans continue to be a popular form of incentive compensation for employers, despite the challenges which could arise with a mobile employee population, what are the regulatory issues and common pitfalls that employers should be aware of or consider? We'll discuss:
- Why share plans remain relevant as a form of reward for employers.
- Changes in the regulatory environment and trends around the world which may impact upon employers and employees specifically in Hong Kong, India, and Japan.
- Common pitfalls encountered in the operation of share plans in these locations, for example, differences in tax treatment across jurisdictions such as potential for exit taxes prior to an option actually vesting or local rules on sourcing resulting in double tax charges.
- Critical linkages in implementing a share plan and maintaining compliance including interaction between tax, human resources, and payroll teams.
Gain insights into optimizing the implementation and operation of share plans by your company.
BEPS: What's Happened So Far? And What's Next?
2 December, 2:00 – 3:00 PM HKT (GMT +8)
Host: Steve Towers
Presenters: Anis Chakravarty, Leonard Khaw, Peter Madden, and David Watkins
The BEPS project is the most important review of the world's international tax architecture in decades. Since its official launch by the OECD and G20 in July 2013, what have been the key developments, both globally and in Asia Pacific? We'll discuss:
- What has been achieved in regard to the first tranche of "deliverables" (September 2014): country-by-country reporting, transfer pricing documentation, the transfer pricing aspects of intangibles, the tax aspects of the digital economy, prevention of tax treaty abuse, hybrid mismatch arrangements, and progress reports on harmful tax practices and the multilateral instrument.
- Work currently being undertaken by the OECD in regard to the second tranche of "deliverables" (September 2015), including CFC rules, permanent establishment, interest deductions, the transfer pricing aspects of risk and capital, disclosure of aggressive tax planning, and dispute resolution.
- Areas of friction amongst OECD / G20 countries.
- Updated "BEPS scorecard" for Asia Pacific countries: current legislative position, perspectives of governments and the public, and unilateral BEPS actions.
- The (expected) way forward.
Find out the current position on this very important international tax initiative.
Malaysian GST: Accelerating down the Final Stretch
4 December, 2:00 – 3:00 PM HKT (GMT +8)
Host: Robert Tsang
Presenters: Sylvia Chong, Robert Dalla Costa, and Kah Seong Fan
The implementation of the Malaysian GST remains a hot topic. To be introduced on 1 April 2015, businesses and Customs are now in the final stages of readiness for GST. Are there still areas that are confusing or difficult to interpret? We'll discuss:
- Latest news including rules, guidance, rates, timelines, and developments
- Analysis of the zero-rating and exemption orders.
- Latest protocols and procedures for securing rulings, clarifications and confirmations of GST treatment from Royal Malaysia Customs, as Customs reorganizes into industry-specific and technical groups at headquarter level.
- What businesses, beyond the new Indirect Tax framework, should be doing to understand the challenges of the new Anti-Profiteering Law and Guidelines.
- Case study examples across a number of industry groups.
Tune in to learn all the many complexities of this revolutionary new tax implementation and find out what your business needs to do and fine-tune by 1 April 2015.
Indian Withholding Tax Obligations: How Do You Get it Right? And What Happens if You Don't?
9 December, 2:00 – 3:00 PM HKT (GMT +8)
Host: Neeru Ahuja
Presenters: Enwright DeSales and Pritin Kumar
The Tax Department in India is recently placing more emphasis on revenue generation through withholding tax, as withholding tax collection accounts for almost 40% of total collection of direct taxes. A Centralised Processing Cell for withholding tax has been set up, and monitoring is being automated. Non-compliance with the withholding tax provisions is a double whammy as it not only encompasses recovery of tax, interest, and penalty, but also the corresponding expenditure is not tax deductible in the hands of the payer. What do you need to know about the major developments with regard to withholding taxes? We'll discuss:
- Recent changes in law.
- How corporate disallowances are triggered.
- Penalties and prosecution.
- Issues being faced by corporates and how to handle them practically.
- Actions being taken by the Tax Department.
Understand recent changes in this important area and what they mean to you.
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