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
Tax rulings and social security agreements: Shifting sands for India inbound moves
20 November, 2:00 – 3:00 PM HKT (GMT +8)
Host: Divya Baweja
Presenters: Saraswathi Kasturirangan and Aarti Raote
Investment into India is increasingly a priority for many MNCs given that India is moving up the scale on "Ease of Doing Business". A natural consequence of this will be the transfer of more senior level executives to India which will create increased compliance requirements with regard to tax and social security obligations. Digitization of compliance, enhanced data mining, closer connectivity between immigration, tax, and social security authorities, have all allowed the Indian authorities to better detect instances of non-compliance and to assess tax liabilities. Monitoring compliance, tracking defaulters, and levying real time penalty is an extremely robust process in India. A significant focus area for MNCs will be in meeting the tax and social security obligations for senior employees transferred to India, managing risk with regard to a Permanent Establishment (PE) exposure, and having robust documentation to support secondment arrangements. The importance of documentation right from the assignment to repatriation stage cannot be overemphasized. We'll discuss:
- An overview of the compliance framework.
- The common challenges faced by companies seconding personnel to India.
- Practical case studies.
- Potential pitfalls that need to be avoided from a PE exposure perspective.
- The right approach to leverage on tax and social security costs.
Gain insights on the significant recent developments concerning tax rulings and social security agreements in India.
Profit split method: New OECD guidance and practical applications
27 November, 2:00 – 3:00 PM HKT (GMT +8)
Host: David Bell
Presenters: Bart de Gouw, Sanjay Kumar, and Wei Shu
The OECD BEPS reforms have increased the scrutiny of transfer pricing outcomes on a global basis. Relying solely on a one-sided transfer pricing analysis may no longer be sufficient in many jurisdictions. Consequently, the profit split method is likely to be used more often to set and review transfer pricing arrangements. The OECD has recently released further detailed guidance on the application of the transactional profit split method. During the webcast, we'll discuss:
- Revised OECD and local country guidance on the application of the profit split method.
- Identifying and accounting for intangible assets and contributions.
- Potential data sources and issues involved in practical application.
- Best practices, key experiences, and case studies.
Join us to keep abreast of the developments in this important area of transfer pricing.
Cross-border mergers in Asia Pacific: Steering towards the future
29 November, 2:00 – 3:00 PM HKT (GMT +8)
Host: Shripal Lakdawala
Presenters: Jeffrey Jaw, William Lee, and Rohan Solapurkar
The Ministry of Corporate Affairs and Central Bank of India have rolled out rules to permit cross-border inbound and outbound mergers between Indian companies and foreign companies. This is expected to boost foreign investment in India. Further, it is a move that government has taken to showcase itself as an investment friendly jurisdiction. These regulations enable MNCs to look for business consolidation across the globe and enable Indian businesses to consider expanding their wings in the overseas market with more ease. We'll discuss:
- An overview of the rules and how does this impact Indian and foreign companies.
- What are the new avenues and potential limitations?
- The tax issues and interplay with overseas laws.
- Practical case studies.
Learn about the important developments on the cross-border mergers in Asia Pacific and how they may affect your organization.
Inbound investments into Malaysia: Practical insights on recent developments
13 December, 2:00 – 3:00 PM HKT (GMT +8)
Host: Hooi Beng Tan
Presenters: Swee How Chia, Subhabrata Dasgupta, and Lih Jiun Tham
This is an interesting time for Malaysia. There is a new government and the National Budget 2019 proposal was recently tabled. Malaysia has joined the OECD Inclusive Framework on Base Erosion and Profit Shifting (BEPS) as an Associate Member back in 6 March 2017 and has committed to implement and adhere to the BEPS Action Plan minimum standards. Malaysia has demonstrated its commitment to implement the four minimum standards under the BEPS project in the areas of harmful tax practices, tax treaty abuse, country-by-country reporting (CbCR) requirements for transfer pricing, and improvements in cross-border tax dispute resolution. In particular, Malaysia has signed the MLI on 24 January 2018, introduced CbCR, and is undertaking a review of the robustness of its tax incentives. Malaysia intends to also adopt other non-minimum standards as it has proposed in the Earning Stripping Rules (ESR) in Budget 2018 (in line with Action 4) and has opted-in for the MLI provisions relating to Action 7 (Permanent Establishment). The Ministry of Finance has also recently reiterated its commitment in adhering to the OECD taxation initiatives. In regard to Action 5, various tax incentives are under review or have been amended such as Principal Hub, Labuan leasing preferential regime, MSC Malaysia tax incentives. We'll discuss:
- Recent reform developments in Malaysia, including the proposed changes in National Budget 2019 and changes in tax incentives, proposed ESR, potential impact of the MLI etc.
- The impact of those reforms on Malaysia inbound investments.
- Opportunities and challenges.
Keep up to date with the latest developments on inbound investment in Malaysia and hear our insights on how they may affect your organization.
Impact of US trade policies in Asia Pacific: The changing landscape
19 December, 2:00 – 3:00 PM HKT (GMT +8)
Host: Sarah Chin
Presenters: Robert Olson and Meng Yew Wong
US trade policies have created an impact on the Asia Pacific region. From implementation of the Wassenaar Agreement to the release of a second tranche of list of goods subject to additional import tariffs. Transformational changes to trade policies have created a stir in various sectors such as export of automobiles, steel based products, etc. These changes have the ability to alter the geographical supply chain of products from one region to another. How the trade policies implemented by the US will be reciprocated by the countries in Asia Pacific? We'll discuss:
- Cross imposition of import tariff on US origin goods.
- Shift of supply chain from one country to another country.
- Impact on manufacturing operations of business impacted by such tariff fluctuations.
Stay updated on the transformation impact of the US trade policies on various countries and the reciprocating trade measures taken by the effected countries.