Dbriefs Asia Pacific Tax Webcasts | Dbriefs Asia Pacific | Deloitte

Perspectives

Dbriefs Asia Pacific Tax Webcasts

Anticipating tomorrow's complex issues and new strategies is a challenge. Reach new heights with Dbriefs that give you valuable insights on important developments affecting your business in Asia Pacific

Transfer Pricing
Cost Contribution Arrangements: Major Changes in the BEPS Report on Actions 8-10

24 May, 2:00 – 3:00 PM HKT (GMT +8)
Host: Arin Mitra
Presenters: Fiona Craig and Alan Shapiro

The BEPS Report on Actions 8-10 has made major changes to the OECD's rules on cost contribution arrangements (CCAs). Under these new rules, CCA participants which provide funding will generally be required to significantly increase their substance around such arrangements and, in many cases, to change the method of valuing CCA contributions. What are the new rules and what will be the practical consequences of breaching the rules? We'll discuss:

  • Requirements in regard to "control", particularly in the context of "cash box" participants in CCAs.
  • Consequences if the "control" requirements are breached.
  • Valuation of contributions: cost vs. value.
  • Application of the new rules: will there be grandfathering?

Find out about these major changes to the OECD's rules on CCAs and their likely practical application.

China Spotlight
What Can We Learn from the Representative China Tax Cases of 2015?

26 May, 2:00 – 3:00 PM HKT (GMT +8)
Host: Vicky Wang
Presenters: Jie Liang, Ron Ma, and Shanice Siu

2015 witnessed tax assessment cases in China that continued the hot trend of indirect transfers, including an indirect transfer case that even went to the court which was rare in the China practice. Similarly, beneficial ownership cases remain as a hot area. One noticeable change in 2015 is that Controlled Foreign Corporation (CFC) cases seem to be on the rise, reflecting some shifted focus on China domestic companies with international footprints. Another noticeable change in 2015 is a few published advance ruling cases where taxpayers obtained advance private rulings to get comfort on the tax treatments on the upcoming transactions. This is certainly a welcome pioneering program as China never had the advance ruling system in the past. We'll discuss a dozen representative China tax cases that cover areas on:

  • Indirect transfers.
  • Beneficial ownership.
  • CFCs.
  • Advance rulings.
  • Cases that are revealed through the increasing international information exchange mechanisms.

Understand technical and practical implications of these selective cases and discover how they may apply to your company's tax position. 

M&A Tax
Tax Considerations of Pre-deal Restructuring: Adding Value to Your Strategy

31 May, 2:00 – 3:00 PM HKT (GMT +8)
Host: Danny Po
Presenters: Daniel Ho, Jeff Jaw, and Tom Kwon

To facilitate a deal completion, certain corporate restructuring exercises, such as business carve-out, debt selldown, and the like, would have to be conducted from both the seller's as well as the potential buyer's perspective. Other major stakeholders' interests, including major creditors, senior executives, etc., would also need to be taken care of. There could be significant tax liabilities and risks arising from these pre-deal corporate restructuring exercises. We'll discuss:

  • Local tax law and regulations relevant to corporate restructuring in a deal context with a focus on Australia, Korea, and Southeast Asia.
  • The best practice in managing tax liabilities and risks from both the seller's and the buyer's perspectives.
  • Practical case studies and lessons learned.

Stay informed about these significant tax considerations and gather insights into how they may affect your future decisions in the next transaction.

International Tax
Australia Tax Update: At the Forefront of Global Change

2 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Claudio Cimetta
Presenters: James Eaton and Manu Sriskantharajah

Australia continues to be at the forefront of global tax changes including implementation of BEPS initiatives, unilateral actions, and landmark court decisions on cross-border financing and treaties. How do you need to respond to these changes? We'll discuss:

  • Multinational Anti-Avoidance Law (MAAL) – implementation in practice by the Australian Taxation Office (ATO).
  • ATO's success in recent cases on international tax matters – Tech Mahindra, Orica, Chevron.
  • Australia's initiatives on tax transparency.
  • Tax measures introduced as part of the 2016-17 Federal Budget.

Hear our practical insights and remain up-to-date on the ever-changing international tax landscape in Australia.

Global Mobility, Talent & Rewards
The Rise of the "Chief Employee Experience Officer": Insights from Deloitte's 2016 Human Capital Trends Report

7 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Tony Jasper
Presenters: Joe Logudic and Sam Tsang

Sweeping global forces are reshaping the workplace, the workforce, and work itself. Key findings from Deloitte's 2016 Global Human Capital Trends Report would help organizations and their leaders understand these changes. The theme of this year's report, "The new organization: Different by design", reflects a major finding – after three years of struggling to drive employee engagement and retention, improve leadership, and build a meaningful culture, executives see a need to redesign the organization itself, with 92% of survey participants rating this as a critical priority. The "new organization", as we call it, is built around highly empowered teams, driven by a new model of management, and led by a breed of younger, more globally diverse leaders. We'll discuss:

  • Employee experience and the evolving shift for HR leadership from that of "chief talent executive" to "chief employee experience officer".
  • Building a strong learning culture.
  • New models of leadership and career development.
  • The importance of building a strong external employment brand.

Stay ahead of these human capital trends, about how they are changing across the region, and the "new organization".

Tax Management
Tax Data Analytics: A New Era for Tax Planning and Compliance

14 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Damian Cook
Presenters: Stuart Black and Richard Mackender

Expectations continue to grow for tax departments to operate more efficiently while providing more strategic tax viewpoints to the business. How can tax data analytics help drive these changes? We'll discuss:

  • An overview of data analytics concepts and components.
  • Three areas of value creation through tax data analytics – improving tax operations, impacting tax liabilities, and providing strategic tax insights for decision making across the business.
  • What tax departments can learn from data analytics usage elsewhere in businesses, along with specific examples of tax data analytics insights.

Learn how tax data analytics provides new information and opportunities for tax executives and the broader business.

India Spotlight
BEPS Implementation in India: 2016 Budget Announcements

16 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Anis Chakravarty
Presenters: Tarun Arora and Pritin Kumar

India's Budget 2016 was announced on 29 February and there are updates on BEPS project implementation. India is aiming to reduce BEPS tax planning as part of the G20 member countries supporting the OECD's BEPS project, which is expected to have significant implications on cross border arrangements used by multinational companies (MNCs). What are the updates on BEPS from the Budget, and what are the impact and implications that might affect important considerations for MNCs when doing business in India from a BEPS perspective? We'll discuss: 

  • Provisions concerning BEPS in the 2016 Budget, including

– Equalization levy (BEPS Action 1)

– Concessional tax regime from patents (BEPS Action 5)

– General anti-avoidance rule (GAAR) (BEPS Action 6)

– Three tier transfer pricing documentation approach adopted by India (BEPS Action 13)

– Country-by-country (CbC) reporting

  • Emerging trends and what is likely to come.

Be updated on the latest developments on the BEPS project from the 2016 Budget with specific insights on the implications from an Indian perspective.

International Tax
BEPS Implementation: Status Report

21 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Steve Towers
Presenters: Anis Chakravarty, Leonard Khaw, and David Watkins

The BEPS project has now entered the implementation phase. In this webcast, we will review the progress (both in Asia Pacific and globally) which has been achieved to date. In particular, we'll discuss:

  • Implementation via domestic tax law amendments (Actions 1, 2, 3, 4, 5, 12, and 13): what's being implemented, what's not?
  • Amendments to the OECD's Transfer Pricing Guidelines (Actions 8-10 and 13): which countries have started to implement the changes, and which have not?
  • Double tax treaty changes (Actions 2, 6, 7, and 14): status of the multilateral instrument negotiations and adoption of the changes in bilateral treaties.
  • OECD-led monitoring and reporting process (Actions 5, 11, 13, and 14): global inclusiveness and peer pressure.
  • Progress on the "2016 technical issues" (for example, profit splits and further Action 6 changes).
  • The "BEPS movement": domestic law changes which have been inspired by, but are not part of, the BEPS project.

Find out the current position on the implementation of the world's most significant international tax sea change.

Indirect Tax
Indian Service Tax: Exports from India: Current State to Preparing the Way for GST?

28 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Prashant Deshpande
Presenters: K Baskar and Rajesh Chanchlani

With the expectation growing around a transition to a new GST model, exporters from India face challenges currently claiming refund / rebate of input taxes paid on services or goods exported. What are the challenges and strategies for dealing with these? Will a new GST be a simplifying panacea or will life get even more complex? We'll discuss:

  • A focus on the "now" in service tax law and practice, particularly on claims for refund / rebate and adjustments, and including the introduction of fast track refund procedures.
  • Cases, litigation, and topical points in service tax refund controversy.
  • The transition from service tax to a dual GST – what could this mean for export refund / rebate in practice?

Tune in to learn the complexities of this new tax implementation.

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