Dbriefs Asia Pacific Tax Webcasts
Anticipating tomorrow's complex issues and new strategies is a challenge. Sparking innovative ideas with Dbriefs that give you valuable insights on important developments affecting your business in Asia Pacific
Transfer pricing and intangibles: Emerging challenges
3 May, 2:00 – 3:00 PM HKT (GMT +8)
Host: Cam Smith
Presenters: Sanjay Kumar, Kerry Lambrou, and James Zhao
Transfer pricing for intangibles remains a hot and evolving topic amidst the complexities of multinationals' international trade. The OECD provided new guidance following Action 8 of its BEPS initiative, and taxpayers and revenue authorities have now had time to consider the implications of new thinking against previous transfer pricing practices and future business priorities. In this session, we will explore how the OECD guidance is being applied in practice, with some attendant challenges for multinationals. We'll discuss:
- Practical application of the new, broad definition of intangibles and guidance on hard-to-value intangibles.
- Entitlement to intangibles-related returns – aligning transfer pricing outcomes with value creation.
- Determining arm's length royalties and pricing intangible transfers.
- Common areas of intangible-related review and challenge by revenue authorities, and potential impacts on multinationals' global IP strategies under the new landscape.
Join us to keep abreast of developments in this important area of transfer pricing.
Global Mobility, Talent & Rewards
Global mobility policy trends in Asia Pacific: An evolution of a new era
8 May, 2:00 – 3:00 PM HKT (GMT +8)
Host: Kathryn Osborn
Presenters: Sudhakar Sethuraman and Kevin Zhu
The world of mobility is constantly evolving and Asia has a unique blend of cultures, laws, and practices. A "one size fits all" global mobility policy may not be fit for purpose in the region nor work for every country. The global workforce is transitioning from employees and assignees to business travellers, virtual workers, domestic commuters, and international local hires. Organizations need to be agile to deal with the various mobility challenges that come their way. New generations mean new expectations and the mobility employee experience needs to be positive, innovative, and engaging. We'll discuss:
- Agile policies for intra-regional Asia moves.
- Domestic mobility in China.
- Domestic mobility in India.
- Flexibility in the mobility policy.
- Mobility for millennials.
Join us to explore and navigate the changing nature of mobility policies across Asia Pacific and learn how you can create or adapt your approach to be successful for the future.
GST and VAT in India, Malaysia, and the Middle East: Growth spurts or growing pains?
10 May, 2:00 – 3:00 PM HKT (GMT +8)
Host: Sarah Chin
Presenters: Rajeev Dimri, Bruce Hamilton, and Eng Yew Tan
Malaysia's GST hits its 3rd birthday, India's GST is a year old whilst VAT is born in the Middle East in Saudi Arabia and the United Arab Emirates, with Oman and Bahrain slated to become the latest members of the indirect tax club. What are the contrasts in experience across these countries and regions? How have these frameworks evolved differently from the framework laid out in the OECD VAT/GST Guidelines, or the models adopted in Europe and elsewhere across Asia Pacific? We'll discuss:
- Overview and highlights since the introduction.
- Differences in the framework and models across region.
- Identify risks and challenges.
- Potential opportunities and/or implications in the future.
Join us to explore whether the experiences represent growth gains for the economies and authorities, or some form of pain for taxpayers.
Global Mobility, Talent & Rewards
Global human capital trends 2018: New rules for the rise of the social enterprise
15 May, 2:00 – 3:00 PM HKT (GMT +8)
Host: Joseph Logudic
Presenters: Nishith Mohanty and Andrew Warneck
Seismic shifts are reshaping the new world of work. What are the top 10 trends that HR and business leaders should know about as they navigate the new landscape in 2018? We'll discuss:
- Is your organization transitioning to the future of work?
- How should you be leveraging digital and technologies like AI to augment human skills?
- How can HR take the lead to help drive stronger C-suite collaboration?
- What are the implications of these trends as they relate to the individual, organizations, technology, and society?
Participants will review results of the 6th annual Deloitte global human capital trends research and how organizations can address human capital issues of the future.
New Australian transfer pricing guidance: Rules or restrictions?
17 May, 2:00 – 3:00 PM HKT (GMT +8)
Host: John Bland
Presenters: Emily Falcke, Stephanie Lucas, and Mark Wilkie
The Australian Taxation Office (ATO) has been busy drafting and publishing guidance for taxpayers on a variety of transfer pricing related topics. While the guidance comes in different forms, there is a general expectation that multinationals are familiar with, and acting upon, all ATO views. Some of the guidance might be considered novel in its logic and in its expectations of taxpayers, encouraging multinationals to manage their tax risks to a standard higher than that required by legislation. We'll discuss:
- Marketing and procurement hubs.
- Diverted profit tax.
- Inter-company debt.
Keep up to date with the latest developments in Australia that have wide applicability for multinationals.
Digital taxation: Expansion of source country tax jurisdiction for corporate income tax purposes
24 May, 2:00 – 3:00 PM HKT (GMT +8)
Host: Leonard Khaw
Presenters: Rohinton Sidhwa, Cam Smith, and David Watkins
In 2017, the Inclusive Framework on BEPS renewed the mandate of the Task Force on the Digital Economy (TFDE) to continue work on the tax challenges of the digitalized economy. The TFDE is expected to deliver its interim report thereon in April 2018. The EU group that is studying the same issue is due to release its findings and recommendations shortly beforehand. At the same time, an increasing number of countries have begun taking steps towards the implementation of unilateral and uncoordinated domestic measures aimed at taxing digitalized activities and highly digitalized business models. We'll discuss:
- Comment on the reports released by the TFDE and the EU.
- Review the current status of domestic measures that selected major countries have taken, which are aimed at taxing digitalized activities and highly digitalized business models.
- Consider short and longer term tax implications for taxpayers.
- Comment on how taxpayers may prepare themselves for the coming change.
Stay updated concerning measures governments are taking in response to the tax challenges posed by the digitalization of the global economy.
Double tax treaties: Update on the significant recent developments in Asia Pacific
5 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Jun Takahara
Presenters: Gokul Chaudhri and Claudio Cimetta
In this session, we will review the major developments relating to Asia Pacific double tax treaties, including the 2017 edition of the OECD Model Treaty and Commentary, developments concerning the Multilateral Instrument in Asia Pacific, and the important court and tribunal decisions of 2017 on treaty interpretation. We will also provide an overview of the significant changes within the Asia Pacific treaty network. We'll discuss:
- 2017 OECD Model Treaty and Commentary.
- OECD BEPS Project treaty-related measures
- Non-BEPS changes, including important changes to the Commentary on the "permanent establishment" definition
- Multilateral Instrument in Asia Pacific
- Important cases on treaty interpretation.
- Formula One (India): permanent establishment
- RCF IV (Australia): treaty relief for capital gain
- Starr International (United States): principal purpose test
- Formula One (India): permanent establishment
- Future developments and impacts in Asia Pacific.
Gain insights on the significant recent developments concerning Asia Pacific double tax treaties.
Managing indirect tax and customs through your supply chain
12 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Meng Yew Wong
Presenters: Senthuran Elalingam, Himanshu Tewari, David Ware, and Dolly Zhang
The introduction and expansion of new indirect taxes across the region coupled with the proliferation of trade agreements has resulted in considerable change across the trade environment over the past few years. The Asia Pacific region is complex and diverse and this is reflected in the manner in which different jurisdictions in the region approach the taxation of trade. It is critical to understand how changes to your supply chain can impact your indirect tax and duty position. We'll discuss:
- Transformation of the trading environment.
- Practical case studies.
- Impacts to the developments in Asia Pacific.
- The way forward.
Join us as we explore how changes in your supply chain can have major trade and indirect tax implications.
Indirect tax in the digital economy: Evolving rules in Australia, Japan, and New Zealand
19 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Robert Tsang
Presenters: Allan Bullot, Chikara Okada, and Jonathan Paul
The Japanese Consumption Tax, Australian GST, and New Zealand GST all have at least one thing in common – maturing and developing approaches in taxing goods and services provided via or over the internet. With all three countries focused on creating an equitable indirect tax framework between domestic and overseas businesses, rules have evolved over the last year. Will other countries in Asia Pacific follow these rules? We'll discuss:
- Current overview and framework.
- What are the changes to the current rules?
- Likely opportunities and/or implications for countries in Asia Pacific.
- The way forward.
Stay updated on the evolution or revolution that these changes will bring about in the upcoming year, and how it may impact other countries in Asia Pacific.
Tax efficient funding arrangements for M&A transactions in Australia, China, and India
26 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Danny Po
Presenters: Enzo Coia, William Lee, and Amrish Shah
Deal flow continues to be strong in Asia Pacific amid the rapid development of BEPS in Australia, China, and India. Tax authorities have been escalating their scrutiny in regard to interest deductions arising from cross border related party M&A funding arrangements. Due consideration should be given to the choice of funding instruments by evaluating commercial requirements and impact on profit repatriation and exit. We'll discuss:
- Recent legislative developments for typical funding instruments (e.g., equity and debt classification, cross currency swaps) used for investments in these countries and cases (including the landmark decision in Chevron in Australia) that could impact investors' funding arrangements.
- Impact of the recent amendments in tax treaties vis-à-vis the funding instruments.
- Restriction on tax deduction for interest paid to overseas related parties.
Hear about key cases in this area and learn ways your organization can structure its Asia Pacific M&A financing tax efficiently.