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.
Impact of Coronavirus to multinationals
20 February 2020
Host: Hong Ye
Presenters: Wei Heng Jia and Cecille Yang
The coronavirus outbreak in China is having a global effect. Many multinationals, whether they have subsidiaries in China or not, are facing supply chain breakdown, loss of revenue, disruption of business due to international traveling restriction and measures to protect employee safety. We will discuss a few things that may be of the interest of businesses:
- Chinese government's tax relief measures in the areas of corporate income tax, indirect tax and Customs.
- Tax considerations when businesses look for solutions to mitigate the impact of this event or future similar events.
- Individual Income Tax and immigration matters.
- Labor issues such as the treatment of the employees who are under self-quarantine, termination of employee under the local law, and salary reduction or post adjustment.
Understand these hot topics from Deloitte specialists and be prepared to deal with the impact of coronavirus outbreak on your organization.
2020 Japan Tax Reform Proposals: Broadening the base through BEPS
13 February 2020
Host: David Bickle
Presenters: Lars Dahlen, Brian Douglas, Ken Leong, and Scott Oleson
The backdrop for the 2020 Japan Tax Reform is one of economic uncertainty, as business investment and exports have been weakened by trade disputes between the US and China. Consumer spending, however, has been relatively strong, albeit that may be the result of accelerated spending before the recent increase in the consumption tax rate. Within this context, the 2020 Tax Reform proposals issued by the ruling parties in December 2019 reflect the continued desire to broaden the Japanese tax base and to implement BEPS measures. We'll discuss:
- Key proposals in the 2020 Tax Reform, including changes to consolidated tax return filing.
- Previously legislated changes to interest deductibility that will come into force in 2020.
- The debate in Japan around the latest BEPS measures.
- Broadening the scope of this year's update, we'll also provide highlights of the Korea Tax Reform.
Join us to learn more about the key proposals in the 2020 Japanese Tax Reform and other recent notable tax updates that might impact multinational enterprises doing business in Japan.
Special Edition - Geography Updates
India Budget 2020: Facing the headwinds
3 February 2020
Host: Gokul Chaudhri
Presenters: Ashutosh Dikshit and Atul Gupta
Budget 2020 will be presented in the Parliament on 1 February 2020 with macro-economic situation indicating slowdown that is unlike previous years. This can be expected to impact tax collections, expenditure, and fiscal deficit projected in Budget 2019. A mini budget involving a steep corporate tax cut was promulgated and enacted in December 2019. Continuing response to these headwinds through fiscal and other policy measures will be a major challenge for the Finance Minister. We'll discuss:
- The Government's initiatives on the tax front in Budget 2020 in the light of the investment, consumption and growth momentum that is required to revive the economy.
- Analysis and impact of new tax proposals on your business and way forward.
Join our Deloitte specialists for an in-depth analysis of the 2020 India Budget.
Transfer pricing and GST implications for brand equity payments
21 January 2020
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.
Global Mobility, Talent & Rewards
Destination China: Update of Individual Income Tax (IIT) reform implementation
15 January 2020
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.
Global Mobility, Talent & Rewards
Global payroll: A consolidated approach to manage tax and payroll risks, powered by technologies
5 December 2019
Host: Kenneth Peh
Presenters: Steve Batrouney, Lily Li, and Aarti Raote
Globalization is making organizations increasingly borderless. Not only would business travelers create additional employment tax and payroll reporting requirements, the payroll operations itself is also shifting to a global or regional model. Is your organization able to keep up with the complex regulatory changes? We'll discuss:
- How the increasing trend of business travelers is heightening the challenges on employment tax and payroll reporting.
- How should organizations prepare before shifting payroll operations to global to ensure achievement of objectives.
- Payroll vendor management and how it helps mitigate payroll risks.
- How technologies enable proactive management of payroll risks and set your organization apart from others.
Gain insights from Deloitte professionals on how your organization can keep on top of the latest employment tax and payroll trends and apply them to your company.
International Financial Services Centre (IFSC): New financing opportunities in India
28 November 2019
Host: Bahroze Kamdin
Presenters: Vishal Agarwal and Russell Gaitonde
The Gujarat International Finance Tech-city (GIFT) SEZ, is India's first International Financial Services Centre (IFSC) and has been conceptualized as an global offshore financial and IT services hub, a first of its kind in India, designed to compete with other globally benchmarked financial centers around the world. The Indian Government has recently taken several major policy initiatives and tax reforms to boost the attractiveness of operating in the IFSC. We'll discuss:
- An overview of the legislation under which the IFSC operates.
- How it impacts, in particular, the financial services business.
- What are the competitive tax (both direct and indirect) advantages that are now available to financial services businesses.
- How does the structure proposed compare with other international offshore regimes.
- What's next.
Stay informed about the latest developments on the IFSC in India and their potential effects on your organization.
Authorized OECD approach (AOA) in Hong Kong: Challenges and opportunities
20 November 2019
Host: Natalie Yu
Presenters: Jonathan Culver, Samuel Gordon, and John Leightley
Hong Kong has recently introduced the authorized OECD approach (AOA) to branch profit attribution, which is a new transfer pricing requirement. Under the recently introduced AOA, a branch is to be treated as a separate and independent enterprise to its head office with a capital structure comparable to a standalone entity. The application of the AOA is anticipated to result in significant disallowances in deductible funding costs for branches. There is also a planning opportunity to minimize these disallowances, or potentially to claim additional deductions. We'll discuss:
- Overview of AOA.
- The potential impact of AOA and key issues to consider.
- The way forward.
Learn about the important transfer pricing developments in Hong Kong and their potential effects on multinationals.
An interim review of the economic substance rules in Cayman, BVI, and Bermuda
14 November 2019
Host: Vicky Wang
Presenters: James Dockeray, Anthony Fantasia, and Kayla Laidlaw
In December 2018, Bermuda, the British Virgin Islands, and the Cayman Islands passed domestic economic substance legislation that introduces increased substance requirements for certain entities resident within these jurisdictions. The legislation was introduced in response to concerns expressed by the Council of the European Union (EU) about the absence of clear general legal substance requirements for entities doing business in and through these jurisdictions. The requirements in the legislation were effective 1 January 2019 (with a six-month transitional period for existing entities) and affect certain entities that are engaged in "relevant activities" as defined within the legislation. We'll discuss:
- Overview and background of the legislation.
- Summary of the economic substance requirements.
- Annual economic substance reporting.
- Enforcement and penalties.
- Where do things stand now?
- Our experiences.
- Next steps to consider.
Join our Deloitte specialists and learn more about the requirements and the potential impact on various types of entities.
Special Edition - International Tax
G20/OECD: Tax challenges of the digitalized economy - an update
31 October 2019
Host: David Watkins
Presenters: Liam O’Brien and Rohinton Sidhwa
The G20/OECD Inclusive Framework on BEPS continues to develop the technical aspects of proposals, including a unified approach on the allocation of taxing rights between countries. The fundamental nature of the proposed reforms will, if agreed, have a broad and significant impact. All businesses, not just those that are highly digitalized, will need to understand how the proposals could affect them. Countries are working towards reaching a consensus-based solution by 2020. We'll discuss:
- Nexus rules.
- Profit allocation rules.
- Next steps.
Gain insights on the latest developments arising from this work and steps multinationals can take to prepare for the future.
Hong Kong's new transfer pricing regime: Getting on the right track (Part 2)
15 October 2019
Host: Leonard Khaw
Presenters: Petrina Chang, Rennike Tse, and Victor Zhang
The Hong Kong Inland Revenue Department (IRD) recently released Departmental Interpretation and Practice Notes (DIPNs) no. 58 and 59 on 19 July 2019, providing guidance to taxpayers on a number of transfer pricing issues contained in the Inland Revenue (Amendment) (No. 6) Ordinance 2018 (IRO). These DIPNs provide guidance in relation to the 3-tier approach to TP documentation and application of transfer pricing principles between associated persons. In this upcoming webcast, we'll discuss how the following items could potentially impact your business in Hong Kong:
- Understanding Master File/Local File requirements in Hong Kong and threshold levels for preparation.
- Country-by-Country reporting obligations, including clarification of secondary filing requirements in Hong Kong.
- Application of the transfer pricing principles as outlined in the IRO, including the operation of the domestic exemptions, and grandfathering provisions.
- Practical considerations when preparing a transfer pricing analysis.
Join us in this session to learn more about the developments listed, how they may affect you and your organization, and prepare for what's next.
Special Edition - India Spotlight
India Taxation Laws (Amendment) Ordinance, 2019
3 October 2019
Host: Gokul Chaudhuri
Presenters: Amrish Shah, Sunil Shah, and Rohinton Sidhwa
With the objective of promoting growth and investments in the Indian economy, India has made several amendments in its tax laws on 20 September, effective immediately. Landmark changes have been introduced in the form of steep reduction in the corporate tax rates both for companies engaged in manufacturing activities as well as non-manufacturing activities provided they forego any tax incentives/reliefs that they have been availing hitherto. The much anticipated roll back of the enhanced surcharge on Foreign Portfolio Investors as well as grandfathering of buybacks by listed companies from the applicability of buyback tax for buyback announcements prior to 5 July 2019 have also been made. It is imperative that taxpayers evaluate their tax positions in light of the reforms and the choices to elect or not to elect for the revised tax provisions. We'll discuss:
- The new concessional tax regime for domestic manufacturing companies.
- The new concessional tax regime for companies in general.
- Change in tax rates/surcharge.
Learn about how India's tax laws are changing and explore actions your business can take to prepare.
Global Mobility, Talent & Rewards
Reinventing organizations to create value: Insights from Deloitte's 2019 Human Capital Trends Report
17 September 2019
Host: Anand Shankar
Presenter: Poorva Prakash
A shift is underway as businesses go beyond corporate responsibility to become social enterprises, actively listening to the world around them to better understand and support their stakeholder networks. With a unique blend of cultures and practices in Asia, what trends are unfolding and what steps are companies taking? We'll discuss:
- Changes in the workforce, workplace, and the nature of work itself.
- New applications of mobile and digital technologies and their impacts on organizations.
- The growing demand for HR leaders and teams in Asia to be effective partners to the business.
- Potential implications of these trends for organizations and individuals.
Gain insights from Deloitte professionals on how your organization can keep on top of the latest HR trends and prepare for what's next.
Significant rulings under GST: Story so far and what lies ahead
12 September 2019
Host: Saloni Roy
Presenter: Monika Arora
Anti-profiteering and advance ruling, two key limbs of the Goods and Services Tax (GST) framework, are perhaps the most debated and deliberated topics at present. While advance ruling assumes significance in the context of providing clarifications to ambiguities that taxpayers might have in relation to the new tax reform, the concept of anti-profiteering has been made part of India's indirect tax regime for the first time. Recently, there has been a spate of rulings pertaining to both the subjects, and emergence of additional complexities and confusion for taxpayers at large. Certain adverse orders by the National Anti-Profiteering Authority have seen widespread dissension in light of absence of a well-defined legislative framework to govern anti-profiteering investigations. On the other hand, a series of advance rulings pertaining to issues such as inter-office services, intermediary services, employer-employee transactions seem to violate the basic provisions of the GST law, and have therefore not meeting the very purpose of providing clarifications to taxpayers. In addition, it is important to assess the rationale adopted by the authorities in the context of the said anti-profiteering orders and advance rulings, as the same may be applied in case of other taxpayers. We'll discuss:
- Key advance rulings and anti-profiteering orders.
- Methodology and rationale adopted by the authorities.
- Challenges to the relevant rulings and provisions.
- The way ahead for industry.
Keep up to date with the latest developments regarding advance rulings and anti-profiteering in India and how they may affect your organization.
Transfer pricing controversy and country focus: What's happening in Australia, China, and Japan?
10 September 2019
Host: Brad Edwards
Presenters: Howard Osawa and Aaron Wang
Transfer pricing (TP) continues to be at the top of revenue authorities' tax agendas, and keeping abreast of changing local requirements and practices is important for taxpayers in managing their global transfer pricing. In this webcast, our presenters will provide you with inside views on the China's State Administration of Taxation (SAT), Japan's National Tax Agency (NTA) and the Australian Taxation Office's (ATO) current thinking, activities, and plans on transfer pricing matters. We'll discuss:
- China's SAT's continuing expansion of TP enforcement activities.
- Japan's NTA's continued focus on BEPS concepts such as value creation, intangibles, and substance, during exams and APA reviews.
- An update on ATO activities and actions arising from their Top 1000 project, future focus areas, TP dispute resolution including APA's, MAP's, voluntary disclosures, settlements, and litigation.
Join us to keep abreast of the developments in this important area of transfer pricing.
Special Edition - Indirect Tax
Malaysia Service Tax: New rules for foreign digital services providers
6 September 2019
Host: Senthuran Elalingam
Presenter: Larry James Sta Maria
The fast-growing digital economy has prompted countries to act on issues arising from the interaction of its existing GST/VAT/Indirect tax rules and
e-commerce. Malaysia has decided to follow suit by expanding its service tax regime from 1 January 2020 to tax foreign digital service providers who provide services to Malaysian customers. However, unlike other jurisdictions, Malaysia has made the decision to apply these rules to both B2B and B2C transactions as well as adopting a very wide definition for "digital services". We'll discuss:
- The rules (including available guidance) with specific focus on the scope of the tax and the critical administrative requirements.
- How businesses can prepare themselves for the introduction of these changes, with effect from January 2020.
- The potential impact that businesses will need to consider on their current business structure, arrangement, and processes.
Join us to understand how these important developments in indirect tax will impact your business.
Asset Reconstruction Companies (ARCs): Tax and regulatory framework
29 August 2019
Host: Vishal Agarwal
Presenters: Rajesh Agarwal and Shashikant Shenoy
Asset Reconstruction Companies (ARCs) were introduced in 2002 in India as an attempt to provide a framework for effective resolution and recovery of stressed assets. However, the law remained riddled with litigation with no meaningful resolution of bad loans taking place under its aegis. The law itself has been evolving to make it a true resolution vehicle. However, with the introduction of The Insolvency and Bankruptcy Code, 2016 (IBC), the landscape has changed entirely. ARCs are now at the forefront of the resolution process and foreign investor interest is high. We'll discuss:
- Key regulatory changes in the ARC regime over the years.
- What has IBC changed and how ARCs fit in.
- Key tax and accounting aspects of transactions by ARCs and their trusts.
Keep up to date with the latest developments on the resolution framework in India.