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
Special Edition webcast
Multilateral convention signed: Impact on bilateral tax treaties
28 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Leonard Khaw
Presenters: Sunil Shah and David Watkins
On 7 June 2017, 68 jurisdictions gathered in Paris to sign the multilateral convention (MLI) to give effect to the double tax treaty-related proposals in the BEPS project. The signing of the MLI is an important milestone in global agreement on international taxation and has the effect of changing more than 1,100 bilateral tax treaties. "Minimum standard" changes to the functioning of bilateral tax treaties in the areas of treaty abuse, mutual agreement procedures (MAP), and treaty preambles will be implemented though the MLI. Further, depending on the reservations and notifications made by each party, optional changes make modifications in permanent establishments (PE), transparent entities, residency tiebreakers, double tax relief, and other items. We'll discuss:
- Jurisdictions that are covered and those that have opted out.
- Significant impact areas to businesses.
- What does not change?
- Mechanism to analyze and interpret bilateral treaties read with MLI.
- Time frame.
- Next steps.
Join us to gain an understanding of how the signing of the MLI will impact bilateral treaties and the taxation of international transactions.
Inbound investment into the Philippines: Keeping up with the changes
29 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Daniel Ho
Presenters: Walter Jr. Abela, Carlo Navarro, and Senen Quizon
The Philippines is one of the fastest growing economies in Southeast Asia, posting an impressive 6.6% growth in the last quarter of 2016. To sustain its growth momentum, it seeks to introduce economic and tax policy reforms to improve the country's investment climate. Sweeping reforms on the tax front are underway to simplify compliance and address the weaknesses in the tax administration. In a move towards simplifying tax compliance, the Philippine tax authority has issued new guidelines which reduce the number of steps and days in registering and securing certifications from the Philippine tax authority, making it easier to do business in the Philippines. Know more about these changes that are taking place in the Philippines. We'll discuss:
- Recent corporate tax developments.
- 2017 Bureau of Internal Revenue (BIR) priority programs (i.e., BIR's internal administrative projects) which would impact multinationals investing into the Philippines.
- New policies on tax assessment (i.e., policy on three-year successive audits of taxpayers, VAT audit program, etc.).
- BEPS and the recent Transfer Pricing developments in the Philippines.
Deloitte experts will share their insights about these recent tax developments, and how they could impact your investment plans into the Philippines.