Dbriefs Asia Pacific Tax Webcasts
Anticipating tomorrow's complex issues and new strategies is a challenge. Forecast your future with Dbriefs that give you valuable insights on important developments affecting your business in Asia Pacific
Recent developments in China's enterprise income tax laws and review of significant cases
27 July, 2:00 – 3:00 PM HKT (GMT +8)
Host: Jie Liang
Presenters: Jean Luo and Apple Tang
The new rules issued by the Chinese State Administration of Taxation (SAT) in the non-residents tax administration area includes very few rules from an international tax perspective. On the other hand, there have been quite a lot of impressive cases that have attracted much attention from the public. What are the new rules that the Chinese SAT is currently contemplating and what are the interesting cases in the non-residents taxation area? We'll discuss:
- Prevailing rule for application of treaty benefits.
- A substantial renewal contemplated by the Chinese SAT of China's withholding at source regime on income derived from within China by non-residents.
- Important cases on GAAR (in particular, indirect transfer) and cross-border special reorganizations.
Learn about the important developments in regard to China's enterprise income tax laws and how they may affect your business.
Australia's new B2C GST rules and New Zealand's approach: Revolution or evolution coming to a country near you?
3 August, 2:00 – 3:00 PM HKT (GMT +8)
Host: Robert Tsang
Presenters: Allan Bullot and Jonathan Paul
Australia brings in new B2C GST rules from 1 July this year. What do they mean for you and your business? Is it really B2C only? Are B2B transactions affected? Do the new rules cover both goods and services? Many other countries are following suit with similar B2C VAT and GST rules. We'll discuss:
- Overview of the new rules.
- What will New Zealand's approach be?
- What strategy should your business adopt to cope as the new B2C rules spread across VAT / GST systems in Asia Pacific?
Join our Deloitte specialists from Australia and New Zealand to learn more about the new B2C GST rules that could impact your business.
Hot issues in India: Secondary adjustments and interest limitations
8 August, 2:00 – 3:00 PM HKT (GMT +8)
Host: Rohinton Sidhwa
Presenters: Sanjay Kumar and Radhakishan Rawal
Two legal provisions have been introduced in India that are likely to have far reaching implications for multinational enterprises (MNEs) with respect to their intragroup transactions. First, introduction of a secondary adjustment pursuant to a transfer pricing addition and the second, an interest deduction limitation, prompted by BEPS Action 4. Both of these provisions are intended to align Indian tax laws with OECD guidelines and international best practices. Secondary adjustment also addresses the issue of physical movement of cash to correct the negative impact such transfer pricing additions have on foreign currency reserves of the country. The interest rate limitation applies even when guarantees are provided to a third party lender. We'll discuss:
- An overview of rules and regulations under both the statutory provisions.
- Unclear technical aspects and interpretations.
- Practical challenges in adoption and implementation.
- Provide guidance on tweaking transfer pricing policies by MNEs for risk mitigation.
Join us to understand the various nuances of the new provisions and how to prepare yourselves for compliance.
Country-by-Country (CbC) reporting and new transfer pricing documentation requirements in Southeast Asia
15 August, 2:00 – 3:00 PM HKT (GMT +8)
Host: Stuart Simons
Presenters: Roy David Kiantiong and Joy Mukherjee
The new transfer pricing documentation rules following the OECD's BEPS Action 13 intend to strengthen the quality of documents maintained by the taxpayers and enhance transparency. As the introduction of CbC, master file, and local file requirements is now well underway in a number of the SEA jurisdictions, some companies may require substantial lead time in the implementation processes including commitment and investment in systems and resources. We'll discuss:
- Current status of the new documentation requirements across Southeast Asia.
- Differences in the timing and content of the requirements in specific Southeast Asia countries.
- Systems and process issues that have emerged to date.
- Interaction with existing transfer pricing documentation requirements.
Keep up to date with the latest developments on CbC reporting as well as transfer pricing documentation requirements and how they may affect your organization.
General Anti-Avoidance Rule (GAAR): Applicability and implications
24 August, 2:00 – 3:00 PM HKT (GMT +8)
Host: Sunil Shah
Presenters: Pravin Agrawal, Jatin Kanabar, and Pritin Kumar
India has introduced the General Anti-Avoidance Rule (GAAR) effective from 1 April 2017. GAAR is aimed at curtailing tax avoidance in general (in India) and to rein in the innovative tax avoidance arrangements entered into by taxpayers. GAAR provisions vest the tax authorities with wide powers to, inter-alia, disregard, look through or re-characterize, or ignore arrangements etc. What is further concerning is the apparent open-ended residual power in the statute which provides that the tax consequences will be determined in a manner as is deemed appropriate at the option of the Revenue authorities. We'll discuss:
- Overview of GAAR.
- The GAAR provisions and the potential areas of impact.
- Practical case studies illustrating the operation of the GAAR provisions to common tax planning arrangements.
- The way forward.
Learn about the important developments in regard to GAAR and how they may affect your business.
Tax structuring for real estate transactions in Indonesia, Malaysia, Singapore, and Vietnam in the BEPS era
29 August, 2:00 – 3:00 PM HKT (GMT +8)
Host: Daniel Ho
Presenters: John Lauwrenz, Siok Peng Ong, Hoang Phan Vu, and Kwang Gek Sim
In the era of BEPS, how would you structure your investment in the real estate sector so as to ensure it does not expose you to unintended tax costs and maximizes opportunity? In the previous quarter, we illustrated case studies in China, India, and Japan. In this quarter, we will continue the discussion of this topic with a focus on Indonesia, Malaysia, Singapore, and Vietnam. We'll discuss:
- Overview of a typical investment structure in the real estate sector.
- Taxation of repatriation.
- Tax implications on financing arrangements.
- Exit tax considerations.
- Practical case studies and lessons learned.
Keep up to date with how BEPS could impact your tax structure in the real estate sector.
Global Mobility, Talent & Rewards
Rewriting the rules for talent management and mobility: Insights from Deloitte's 2017 Human Capital Trends Report
5 September, 2:00 – 3:00 PM HKT (GMT +8)
Host: Joseph Logudic
Presenters: Pushp Deep Gupta and Andrew Warneck
Organizations face a radically shifting context in the workplace, the workforce, and work itself. Much of this has been driven by technology advancement. Deloitte's 2017 Global Human Capital Trends Report reveals that business productivity tends not to keep pace with technological progress. So, in a digital age defined by disruptions, fade-out of long-standing business, and the rise of new players, employers need to re-think how they can stay in the game or even create an edge through modern talent management and mobility methodologies. Using case studies from the report, we will explore how organizations are replacing structural hierarchies with networks of agile and powerful teams, how employees also enjoy faster and more promising career progression, taking advantage of the broader exposures, and removal of geographical boundaries. We'll discuss:
- Digital workplaces and workforces.
- Making talent mobility a core value.
- Data analytics to find, attract, and place people globally.
- Employee experience for cultural change, engagement, productivity, and growth.
Stay ahead of these human capital trends, explore how they are changing across the region, and the "new organization".
Inbound investments into Japan: Practical insights on recent developments
12 September, 2:00 – 3:00 PM HKT (GMT +8)
Host: David Bickle
Presenters: Lars Dahlen, Brian Douglas, and Tim O'Brien
Japan remains a strategic market for investment for many companies and investors, but concerns over the country's economic recovery persist. Under the monetary and fiscal policies, and structural reforms of Abenomics, recent Japanese tax reform legislation has been aimed to encourage greater foreign investment into Japan. Most notable has been the steady decline in the corporate income tax rate and domestic rules that exempt foreign investment from taxation in Japan. The recent tax reforms have also introduced a number of the initiatives recommended under BEPS project, including rules on the taxation of the digital economy, hybrid instruments, transfer pricing documentation and country-by-country (CbC) reporting, and in the latest 2017 Tax Reform, an over-haul of Japan's CFC rules. We'll discuss:
- An overview of investment structures into Japan.
- Update on current implementation of the BEPS Action points in Japan.
- Tax incentives and their practical implementation.
- Tax audit trends and areas of focus.
- Tax treaty update.
- Future developments and looking toward the 2018 tax reform.
Keep up to date with the latest developments on inbound investment in Japan and hear our insights on the latest Japan tax issues, what to expect, and how to prepare.
Inbound investment into Thailand: Exploring current incentives
21 September, 2:00 – 3:00 PM HKT (GMT +8)
Host: Anthony Loh
Presenters: Korneeka Koonachoak and Anthony Loh
After years of politic turmoil, the government of Thailand has succeeded in stabilizing the country and restoring the public confidence. Currently, Thailand is going through a transition towards the fourth industrial revolution or Industrial 4.0, which features the digitization of physical assets and processes. Special tax regimes and various incentives have been introduced by the government of Thailand in an effort to attract high value-added industries into the country. This is one of the reasons why Thailand has been ranked sixth among the world's best up-and-coming economies in 2017 according to a study from U.S. News & World Report. In this discussion, we will share some incentives implemented by government to promote the investment into Thailand. We'll discuss:
- Board of Investment (BOI) incentives.
- Eastern Economic Corridor (EEC).
- International Headquarters (IHQ) and International Trading Center (ITC).
Learn more about the incentives that the government of Thailand is currently focusing on and how they could add value to your investment plan or current investment in Thailand.