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
Global Mobility, Talent & Rewards
Destination China: Update of Individual Income Tax (IIT) reform implementation
15 January, 2:00 - 3:00 PM HKT (GMT +8)
Host: Tony Jasper
Presenters: Huan Wang and Irene Yu
A year has passed since the implementation of the new IIT law under the tax reform. Taxpayers and withholding agents are facing the first annual tax return filing season under the new IIT filing system. For a large number of taxpayers, it would be their first time to prepare their annual reconciliation return and make direct contact with the tax authorities. How to make sure you, being a taxpayer, file your own tax return correctly? As a withholding agent, what would be your responsibility during the annual tax return filing process? How to assist your employees with their initial attempt in self-reporting? What would be the impact if an annual tax return is not filed correctly or timely? We'll discuss:
- Regulation update.
- An overview of the individual tax credit system.
- Annual tax reconciliation requirement for resident tax payers.
- Self-reporting of foreign sourced income for resident tax payers, especially outbound Chinese employees.
- Preparation and planning for the coming annual tax filing.
Gain insights from Deloitte professionals on the updates on IIT reform implementation and get prepared for initial annual reconciliation tax filing.
Transfer pricing and GST implications for brand equity payments
21 January, 2:00 - 3:00 PM HKT (GMT +8)
Host: Sanjay Kumar
Presenters: Gulzar Didwania, Liam O’Brien, and Amer Qureshi
Brand equity is a significant business driver, created over a period based on consumers perception and trust in the standard and quality of the products or services. Multinational enterprises (MNEs) leverage on the established brand equity, trademarks, and other marketing intangibles to maintain its competitiveness in the market. Group affiliates to reap the benefits of the competitive advantage make payment for brand royalty to the MNE headquarters. OECD transfer pricing guidelines 2017 recognises the importance of marketing intangibles and allows arm’s length payment for the use of intangible if it results in generating profits for the business. Questions have also been raised by the tax authorities’ in many MNE headquarters’ tax jurisdiction on non-charging or under-charging for the brand from their group affiliates. We’ll discuss:
- The emerging tax controversy areas encompassing both transfer pricing and indirect taxation.
- The relevant OECD transfer guidance on marketing intangible, prevailing business models for brand royalty payments, and emerging transfer pricing and GST tax controversies.
- Key considerations and take-away.
Join us to understand the challenges and implications of brand equity payments and explore actions your business can take to prepare.