Explore archived webcasts
Webcasts archived in the last 6 months can be accessed on this page
Webcasts archived in the last 6 months can be accessed on this page. For a complete program schedule and topic information on upcoming webcasts, select the Program Guide.
Country-by-Country (CbC) reporting and new transfer pricing documentation requirements in Southeast Asia
15 August 2017
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.
Hot issues in India: Secondary adjustments and interest limitations
8 August 2017
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.
Australia's new B2C GST rules and New Zealand's approach: Revolution or evolution coming to a country near you?
3 August 2017
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.
Recent developments in China's enterprise income tax laws and review of significant cases
27 July 2017
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.
Intangibles: Opportunities and challenges in a Post-BEPS world
18 July 2017
Host: Alan Shapiro
Presenters: John Bland and Eunice Kuo
The OECD's final transfer pricing guidance contains a number of new concepts and requirements with respect to the development and exploitation of intangibles. How will these new concepts impact your current and proposed intangibles transactions and structures and what actions should your organization consider? We'll discuss:
- Approaches to consider in analyzing your current and proposed transactions related to the development and exploitation of intangibles.
- Valuation and tax authority approaches to reviewing intangible structures and transactions in Asia Pacific.
- The way forward.
Learn about these developments in transfer pricing for intangibles and find out how your business can effectively manage these transfer pricing opportunities and challenges.
Inbound investment into the Philippines: Keeping up with the changes
29 June 2017
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.
Special Edition - International Tax
Multilateral convention signed: Impact on bilateral tax treaties
28 June 2017
Host: David Watkins
Presenters: Leonard Khaw and Sunil Shah
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.
China VAT: It's time to reap the savings
20 June 2017
Host: Sarah Chin
Presenters: Li Qun Gao and Candy Tang
China VAT is celebrating its first birthday on 1 May 2017. The first 6 months were a rush to understand the rules and then focus on implementation. However, now the dust has started to settle, it is time to focus on planning, identifying, and focus on savings. Whilst there has been a tightening of the zero-rating / VAT exemption preferential treatments, there are other planning opportunities to mitigate the 6% VAT. We will examine industry specific opportunities including the pro rata methodologies to maximize input VAT. We'll discuss:
- Our expectation of the evolution of the Reform in the future.
- How to implement VAT saving for specified industries.
- Next steps and solutions to consider in the short term and beyond.
Understand the potential tax saving opportunities post reform and discover how they may apply to your business.
Future of government incentives in Asia Pacific: What does the future hold?
8 June 2017
Host: Natan Aronshtam
Presenters: Albert Baker, Eamon Fenwick, Tiong Heng Lee, and Roger Zhou
Countries are actively competing for business investment that will contribute to the local economy, offering incentives to local and international businesses to locate and grow in their jurisdiction. Incentives include tax-based programs and direct grants for investment in particular industries, regions, or companies. We will provide an overview of the innovation landscape including the recent review conducted by the OECD. We'll discuss:
- The role of incentives in achieving public policy.
- Recent developments and trends in government incentives in selected Asia Pacific jurisdictions.
- The potential impact of the OECD BEPS initiative.
Learn about the important developments in regard to government incentives in Asia Pacific and how they may affect your business.
Future of tax in a digital economy: Are you prepared?
1 June 2017
Host: Claudio Cimetta
Presenters: Li Qun Gao and William Marshall
The digital economy is expanding at a tremendous pace. Innovation and technology have profoundly affected traditional economic sectors, enabling mass customization, increased speed of response to consumer demand, content creation and distribution, as well as intangible transactions. Deloitte experts will explore the challenges facing revenue authorities and taxpayers presented by modern digital economy from a direct tax, transfer pricing, and indirect tax perspective. We'll discuss:
- The risks presented by unilateral corporate tax measures.
- Problems presented by user-supplied content and barter transactions.
- 3D printing.
- The proper characterization of royalty and service agreements.
Join us to learn more about the leading practices that will help to position your organization to navigate the pitfalls of the digital economy with an emphasis on efficiency and risk.
Post-BEPS structuring for real estate deals: A focus on China, India, and Japan
23 May 2017
Host: Daniel Ho
Presenters: Masamitsu Koshiba, Hemal Mehta, and Simon Tan
In the era of post-BEPS, how would you structure your investment in the real estate sector in India, China, and Japan so as to ensure it does not expose you to unintended tax costs and maximizes opportunity? We'll discuss:
- Overview of a post-BEPS 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 post-BEPS investment structure in the real estate sector could impact your business.
Global Mobility, Talent & Rewards
Global immigration: A new landscape and mindset
18 May 2017
Host: Mark Wright
Presenters: Fiona Webb and Cecille Yang
In today's environment, immigration has come to the forefront of companies' strategies. In addition to up to date, accurate, and strategic technical advice, other best practices have been seen in this space to help companies be the best in class in managing their immigration programs. In this discussion, we will share some case studies where companies can learn and adopt ways to manage their immigration programs. We'll discuss:
- The importance of real time data and leveraging data analytics as they relate to immigration to make strategic decisions.
- The link between immigration and talent management.
- Keeping up with regulatory changes and thinking holistically.
- Focusing on security, safety, and improving the user experience.
- Optimizing the synergies between immigration and tax.
- Changing the mindset from managing just "global assignees" and focusing on the entire talent pool of an organization.
- Mitigating risk for the employee and employer.
- Challenging and interesting case studies.
Gain insights from Deloitte experts on how multinationals can manage immigration strategies more efficiently and effectively.
Transfer pricing documentation: Addressing the practical challenges
16 May 2017
Host: Fiona Craig
Presenters: David Letos and Rahul Tomar
Transfer pricing documentation sits high on the "to do list" of multinationals around the world. But, where to start, what to prioritize and how to manage the local complexities and nuances of the new reporting regime is not always clear. In this session, we will share ideas and tips on how to manage the process of developing strategic and compliant Master Files and Local Files. We'll discuss:
- Bringing a risk management lens to the process.
- Setting up for efficient future compliance.
- Addressing the heightened transparency of documentation.
Deloitte experts will share their practical experience and insights from having worked with a wide range of multinationals and developed tools and solutions to meet a variety of global documentation needs.
Inbound investment into Vietnam: A clear view of the recent developments
9 May 2017
Host: Rohan Solapurkar
Presenters: Tuan Bui and Dion Thai
In 2017, we will see the most significant changes to Vietnam's tax regime for at least the last 10 years. The new Transfer Pricing Decree as well as additional documentation requirements will include significant new rules and restrictions on tax deductibility for corporate income tax purposes, including for interest and services fees. Tax audits and investigations continue to grow with a 20% increase planned for 2017. The reduction in government revenues and increased expenditure has seen tax audits identified as a key source to fill the gap. Tax on the transfer of shares has also been found to be a significant source of revenue for the government. We'll discuss:
- An overview of investment structures into Vietnam.
- Changes regarding representative offices including more restricted scope of activities.
- The current and forecast implementation of the OECD BEPS Action Points in Vietnam.
- New tax incentives and their practical implementation.
- Tax audit trends and areas of focus – how to be better prepared?
- New developments concerning the Vietnam tax authorities' approach to the application of tax treaties and transfer pricing.
- Anticipated forthcoming changes.
Keep up to date with the latest developments on inbound investment in Vietnam, and how they may affect your decisions when investing in Vietnam.
Human Resources (HR) and VAT / GST: Happy road or hidden bumps?
4 May 2017
Host: Robert Tsang
Presenters: Weina Ang and Sen Elalingam
The Human Resources (HR) function in many organizations gets more complex year on year, with more and more focus on being lean and efficient in all they do. The tax that touches HR most often is usually Goods and Services Tax or its equivalent – do you understand what these interactions and interdependencies are? With Malaysia introducing new GST rules, countries like Singapore and Thailand are continuing to refine and adapt rules, are you keeping up? We'll discuss:
- What rules are the governing recovery of GST on costs – are you unwittingly building in an element of irrecoverable GST that need not be there?
- Should you use a separate employment services entity for your inbound staff or secondees?
- What are the ramifications for GST costs if you outsource all or part of your HR function?
- The road map and where all the hidden traps are?
Understand the interactions and interdependencies between HR and tax and how they may affect your organization.
Insolvency and Bankruptcy Code 2016: Step towards speedy resolution process
27 April 2017
Host: Shripal Lakdawala
Presenters: Anjali Malhotra and Sameer Maniar
In India, multiple laws and adjudication authorities make the procedure for corporate and individual insolvency and bankruptcy cumbersome as well as time consuming. For speedy resolution of insolvency proceedings, a consolidated legislation, i.e., The Insolvency and Bankruptcy Code 2016 (Code) was enacted effective from May 2016. The Code designates the National Company Law Tribunal (NCLT) and Debt Recovery Tribunal (DRT) as adjudicating authority in this regard for Companies / LLPs and Individuals / Partnership Firms, respectively. For corporates, what does this mean in terms of impact on their business continuity where a company is unable to pay its debts? We'll discuss:
- Highlights of the Code – a step for speedy insolvency resolution.
- Institutional framework and machinery under the Code.
- Broad process for corporate insolvency resolution process.
- Role of insolvency professionals in corporate insolvency resolution process.
Stay informed about the Insolvency and Bankruptcy Code and gather insights into how it may affect your decisions for your organization.
Special Edition - China Spotlight
SAT Bulletin 6: Transfer pricing reform and special tax adjustments after BEPS
25 April 2017
Host: Eunice Kuo
Presenters: Victor Li and Jerry Wang
On 17 March 2017, the State Administration of Taxation (SAT) issued Bulletin 6 to improve the Administration of Special Tax Investigation and Adjustment and Mutual Agreement Procedures. This long awaited regulation largely completes the revision of China's transfer pricing and special tax adjustment regulations that was first signaled in the 2015 discussion draft, and establishes China's framework for transfer pricing analysis and audits in the post-BEPS world. All enterprises with related party transactions need to understand how the changes may affect them, in particular the ongoing shift to a more risk-orientated tax administration system and the China specific issues that have been reinforced through the revised regulations. We'll discuss:
- Key elements of Bulletin 6 and significant changes from the 2015 discussion draft.
- Interaction of Bulletin 6 with the previously released Bulletins 42 (documentation) and 64 (APAs).
- How Bulletin 6 may impact tax authority transfer pricing enquiries, investigations, and audits in China.
- How multinationals can proactively manage their transfer pricing risk in China following BEPS and the revision of TP regulations.
Learn about the many complexities of this new guidance and learn how your company may be impacted.
(Tune in to the Chinese version of this webcast aired on 26 April. Please visit Chinese language webcasts page for program details.)
Tax impact of Indian Accounting Standards (IndAS)
20 April 2017
Host: Sunil Shah
Presenters: Anand Subramanian, Promod Batra, and Jatin Kanabar
Many Indian companies are required to adopt the new Indian Accounting Standards (IndAS) in a phased manner starting from Financial Year 2016-17. IndAS brings in the concept of time, value of money, fair valuation, and substance of a transaction in accounting rather than form. IndAS will have a significant impact in computing the income of the company both under the Minimum Alternate Tax (MAT) provisions and under the normal provisions of Income Tax Act, 1961 (the Act). In Budget 2017 presented on 1 February 2017, though the government has announced certain changes in MAT provisions for IndAS compliant companies, a number of questions remain unanswered and the challenges in computing the normal income continues. We'll discuss:
- IndAS – applicability and key accounting principles.
- Amendments in MAT provisions for IndAS Compliant companies, along with illustrations.
- Interplay of IndAS vis a vis Income Tax Computation and Accounting standards in computing the income under the normal provisions of the Act.
- Transition issues.
Gain a better understanding of the new Indian Accounting Standards and how they would impact your Indian tax position.
Transfer pricing dispute resolution: A focus on China, Japan, and Australia
18 April 2017
Host: Fiona Craig
Presenters: Tim O'Brien, Chris Thomas, and Aaron Wang
An increase in transfer pricing controversy was always anticipated to result from the OECD BEPS program of work. Which Revenue Administrations in Asia Pacific have got on the front foot with new compliance activities? Which continue with previous areas of focus? We'll discuss:
- New audit procedural approaches introduced by Revenue Administrations.
- Practical options and guidance on best practices for resolving disputes.
- Mutual Agreement Procedure.
- The way forward.
Gain insights from Deloitte experts on the best practices for transfer pricing disputes.
Cost recharges and recoveries: Beyond mark-up or no mark-up, VAT or no VAT?
30 March 2017
Host: Robert Tsang
Presenters: Sarah Chin, Richard Mackender, and Chikara Okada
Cost recharges and recoveries issues are recognized by many tax authorities as one of the toughest areas in Indirect Tax, and one that many businesses are getting wrong. Join us to look at the principles that apply generally in VAT or GST, and specifically at the rules in Singapore, Japan, and China. How are recharges between entities (or from branch to branch or head office) treated for VAT/GST? What is the difference between a reimbursement and a disbursement? Does it matter if there is a mark-up, or not? Does the value of the mark-up matter? We'll discuss:
- Should businesses be charging VAT or GST on cost recharges and recoveries transactions?
- What are the approaches in Singapore, Japan, and China?
- What good practice (and war stories on not so good practice) looks like?
Understand cost recharges and recoveries rules in Singapore, Japan, and China and discover how they may apply to your business.
Base Erosion and Profit Shifting (BEPS): What's happened so far? And what's next?
28 March 2017
Host: Steve Towers
Presenters: Claudio Cimetta, Sam Gordon, and Leonard Khaw
Now substantially in the "implementation phase", the BEPS project continues to have a major impact on international tax. We will review the significant BEPS developments in the last 9 months, and in particular:
- The Multilateral Convention to amend double tax treaties, finalized on 24 November 2016.
- Discussion drafts and public consultation meetings.
- Attribution of profits to permanent establishments
- Profit split method
- Domestic tax law changes.
- In compliance with the BEPS project
- "Unilateral changes"
- Monitoring by the BEPS Inclusive Framework.
- Potential impact of the Trump Administration.
Find out the current position on this very important international tax initiative.
Tax incentives for regional and global businesses and operations in Malaysia
23 March 2017
Host: Daniel Ho
Presenters: Timothy Ho, Kwang Gek Sim, Eng Huat Tan, and Hooi Beng Tan
Multinational corporations worldwide are choosing to establish their regional and global businesses and operations in countries that offer excellent infrastructures, competitive costs, business friendly policies, and of course, attractive tax incentives. We'll discuss:
- Tax incentives available for companies undertaking regional and global businesses and operations in Malaysia (namely, the MSC Malaysia Status and the Principal Hub), which offer the Investment Tax Allowance or Pioneer Status and concessionary tax rates ranging from 0% to 10% respectively.
- Business activities that qualify for the tax incentives.
- Eligibility criteria for the tax incentives.
- Procedures to apply for the tax incentives.
- Potential impact of BEPS Action 5.
Learn about the tax incentives in Malaysia impacting multinationals.
Global Mobility, Talent & Rewards
Share plan in a box: Exploring the latest in share plans and share plan design
16 March 2017
Host: Tony Jasper
Presenters: Lisa Alton, Rob Basker, and Jinho Park
When designing and implementing a share plan for your organization, there are many considerations to work through, including: when someone will be paid, how much they will receive, and how to handle company and people exit events. However, this does not always mean complexity and cost. Bespoke plans will always be more expensive as they will be specific to your organization but is that always what you need? We'll discuss:
- How organizations are looking to flex plans in Asia to address tax challenges and opportunities within markets.
- The latest approaches to share plan design and implementation.
- The latest technical updates and trends in the share incentives space, leveraging our experts in the region.
Stay up to date with the latest developments on share plans and gather insights into how they may affect your organization.
Industries – Financial Services
Common reporting standard (CRS) in Asia Pacific: Moving forward in 2017
9 March 2017
Host: Alison Noble
Presenters: Candy Chan and Denise Hintzke
CRS is live in most countries across Asia Pacific from 1 January. While CRS compliant on-boarding of new customers is now operational, what do financial institutions need to focus on in 2017 as they continue to implement changes to comply with CRS? We'll discuss:
- The status of CRS regulations and guidance in Asia Pacific.
- CRS for investment entities including differences to FATCA.
- The due diligence requirements for pre-existing accounts.
- Considerations to prepare for the first CRS reporting.
Deloitte experts will share insights on CRS implementation relevant to financial institutions in the Asia Pacific region, latest CRS developments, and what still needs to be done in 2017.
Indian GST: Can technology unlock the secret to compliance?
7 March 2017
Host: Robert Tsang
Presenters: Jaskiran Bhatia, Saurabh Jain, and Shrenik Shah
With India on the cusp of implementation of the much-awaited GST, government and taxpayers are gearing up for the challenge. As a successful tax regime relies significantly on the use of technology, how can technology help (or conversely hinder)? What are the key initiatives taken by the government to meet the challenges? What is a GST Suvidha Provider (GSP) and an Application Software Provider (ASP)? Will industry be adequately prepared to make the necessary changes to their IT systems to be GST compliant on the GST go-live date? What will be the right approach to be GST compliant? Is technology the key to unlocking the secrets of GST compliance? We'll discuss:
- Latest updates on GST, with a special focus on information technology preparedness of the government and taxpayer.
- What is happening in the marketplace? Good practices to follow and the pitfalls to avoid.
- Next steps and solutions to consider in the short term and beyond.
Understand more on the technological side of the biggest indirect tax reform in India and find out how your business can successfully navigate the challenge.
International tax: What can we learn from the top tax cases of 2016?
28 February 2017
* Length of webcast: 75 minutes
Host: Steve Towers
Presenters: Leonard Khaw, Peter Radlovacki, Sunil Shah, and Julie Zhang
Fascinating court decisions have emerged in 2016 involving the interpretation of double tax treaties and other international tax issues. What do these cases reveal? We'll discuss:
- Cases from India and Australia in regard to royalties and the sale of intellectual property.
- A UK case on the application of Art. 3(2) (undefined terms used in a treaty), and an Indian case on the non-discrimination article.
- An Australian case concerning whether a treaty can lead to an increase in source country tax, and a Russian case on outbound "negative interest" payments.
- A Chinese case on guarantee fees, two European Court of Justice cases on VAT, and a Swedish case on PE status.
Understand the technical and practical implications of these key rulings.
Tax data analytics: Trends in 2017
23 February 2017
Host: Richard Mackender
Presenters: Jaskiran Bhatia and Stuart Black
The tax landscape continues to change as large corporates respond to increased scrutiny and reporting requests from tax authorities whilst regulators and the general public demand greater tax transparency. Technology in general and data analytics in particular are making a significant contribution to the way enterprises are responding to this changing world and tax authorities are using the much larger quantities of data that are becoming available. We'll discuss:
- The impact of exponential technologies.
- Technology and the Global Tax Reset.
- The changing expectations of millennials working in tax and analytics.
- What can we learn from the rest of the world?
- How new technologies are changing the way tax sensitive items are recorded and reported?
- How the market for tax services is changing in response to new technology?
Listen to the practical examples from Deloitte's experts and understand how you can apply to your current business.