Dbriefs Asia Pacific Tax Webcasts
Anticipating tomorrow's complex issues and new strategies is a challenge. Navigating what's next with Dbriefs that give you valuable insights on important developments affecting your business in Asia Pacific
Special Edition webcast
Special Edition - International Tax
G20/OECD: Tax challenges of the digitalized economy - an update
31 October, 2:00 - 3:00 PM HKT (GMT +8)
Host: David Watkins
Presenters: Liam O’Brien and Rohinton Sidhwa
The G20/OECD Inclusive Framework on BEPS continues to develop the technical aspects of proposals, including a unified approach on the allocation of taxing rights between countries. The fundamental nature of the proposed reforms will, if agreed, have a broad and significant impact. All businesses, not just those that are highly digitalized, will need to understand how the proposals could affect them. Countries are working towards reaching a consensus-based solution by 2020. We'll discuss:
- Nexus rules.
- Profit allocation rules.
- Next steps.
Gain insights on the latest developments arising from this work and steps multinationals can take to prepare for the future.
Observations of the new economic substance rules introduced in UK overseas territories
14 November, 9:00 - 10:00 AM HKT (GMT +8)
Host: Vicky Wang
Presenters: James Dockeray, Anthony Fantasia, and Kayla Laidlaw
In December 2018, Bermuda, the British Virgin Islands, and the Cayman Islands passed domestic economic substance legislation that introduces increased substance requirements for certain entities resident within these jurisdictions. The legislation was introduced in response to concerns expressed by the Council of the European Union (EU) about the absence of clear general legal substance requirements for entities doing business in and through these jurisdictions. The requirements in the legislation were effective 1 January 2019 (with a six-month transitional period for existing entities) and affect certain entities that are engaged in "relevant activities" as defined within the legislation. We'll discuss:
- Overview and background of the legislation.
- Summary of the economic substance requirements.
- Annual economic substance reporting.
- Enforcement and penalties.
- Where do things stand now?
- Our experiences.
- Next steps to consider.
Join our Deloitte specialists and learn more about the requirements and the potential impact on various types of entities.
Authorized OECD approach (AOA) in Hong Kong: Challenges and opportunities
20 November, 2:00 - 3:00 PM HKT (GMT +8)
Host: Natalie Yu
Presenters: Jonathan Culver, Samuel Gordon, and John Leightley
Hong Kong has recently introduced the authorized OECD approach (AOA) to branch profit attribution, which is a new transfer pricing requirement. Under the recently introduced AOA, a branch is to be treated as a separate and independent enterprise to its head office with a capital structure comparable to a standalone entity. The application of the AOA is anticipated to result in significant disallowances in deductible funding costs for branches. There is also a planning opportunity to minimize these disallowances, or potentially to claim additional deductions. We'll discuss:
- Overview of AOA.
- The potential impact of AOA and key issues to consider.
- The way forward.
Learn about the important transfer pricing developments in Hong Kong and their potential effects on multinationals.
International Financial Services Centre (IFSC): New financing opportunities in India
28 November, 2:00 - 3:00 PM HKT (GMT +8)
Host: Bahroze Kamdin
Presenters: Vishal Agarwal and Russell Gaitonde
The Gujarat International Finance Tech-city (GIFT) SEZ, is India's first International Financial Services Centre (IFSC) and has been conceptualized as an global offshore financial and IT services hub, a first of its kind in India, designed to compete with other globally benchmarked financial centers around the world. The Indian Government has recently taken several major policy initiatives and tax reforms to boost the attractiveness of operating in the IFSC. We'll discuss:
- An overview of the legislation under which the IFSC operates.
- How it impacts, in particular, the financial services business.
- What are the competitive tax (both direct and indirect) advantages that are now available to financial services businesses.
- How does the structure proposed compare with other international offshore regimes.
- What's next.
Stay informed about the latest developments on the IFSC in India and their potential effects on your organization.
Global Mobility, Talent & Rewards
Global payroll: A consolidated approach to manage tax and payroll risks, powered by technologies
5 December, 2:00 - 3:00 PM HKT (GMT +8)
Host: Kenneth Peh
Presenters: Steve Batrouney, Lily Li, and Aarti Raote
Globalization is making organizations increasingly borderless. Not only would business travelers create additional employment tax and payroll reporting requirements, the payroll operations itself is also shifting to a global or regional model. Is your organization able to keep up with the complex regulatory changes? We'll discuss:
- How the increasing trend of business travelers is heightening the challenges on employment tax and payroll reporting.
- How should organizations prepare before shifting payroll operations to global to ensure achievement of objectives.
- Payroll vendor management and how it helps mitigate payroll risks.
- How technologies enable proactive management of payroll risks and set your organization apart from others.
Gain insights from Deloitte professionals on how your organization can keep on top of the latest employment tax and payroll trends and apply them to your company.