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.
Robotic Processing Automation in China: A revolution and new era
13 June 2019
Host: Marilyn Lu
Presenter: Roger Qu
In recent years, there has been an increasing demand for Robotic Processing Automation (RPA) through the use of Artificial Intelligence (AI), which made RPA as the hottest topic on the market. RPA can greatly streamline business operations by releasing people from simple and repetitive works to high value-added tasks. Deloitte's Tax Management Consulting team has experience in designing and implementing numerous RPA solutions in China during the past few years. We'll discuss:
- Introduction to RPA and AI.
- Practical RPA cases.
- Implementation of RPA.
Gain insights from Deloitte professionals on the most updated market application of RPA and AI technology, as well as understand how to use RPA to improve work efficiency for your business.
BEPS and Indian domestic tax law: Increased exposure to a Permanent Establishment (PE)
11 June 2019
Host: Sunil Shah
Presenters: Rajiv Bajoria, Himanshu Patel, and Sharath Rao
Amending the Agency PE definition and reducing the tolerance level of the "preparatory and auxiliary" activities to avail exemption from a PE, are key aspects of the Base Erosion and Profit Shifting (BEPS) project and the Multilateral Instrument (MLI) proposals that followed. In addition to putting out its MLI positions to align with BEPS recommendations, India has also amended its domestic tax law which is more expansive in scope. While Indian Courts do consider international OECD/UN guidelines, the defence of companies against PE will need to be based on actual activities on the ground. We'll discuss:
- Certain typical situations such as the provision of marketing support services or commission models in relation to direct offshore sales of goods from outside India.
- The PE exposure on account of inbound expatriate employee's presence in India from group companies.
- Practical case studies.
Gain insights on the significant developments concerning Indian domestic tax law along with treaties and how they may affect your organization.
Transfer pricing aspects of financial transactions: A moveable feast
6 June 2019
Host: Ockie Olivier
Presenter: Bart de Gouw, Stan Hales, and Takuma McNie
Around the globe we are seeing the OECD, governments, and tax authorities implementing new rules and publishing new guidance on the transfer pricing (TP) aspects of financial transactions. It is critical that taxpayers understand the various moving parts of financial transactions TP. In this session, we will help you to understand recent changes to the Asia Pacific financial transactions TP landscape and potential implications for how MNCs plan intercompany financing and manage associated TP risk. We'll discuss:
- The status and relevance of the OECD's work on TP aspects of financial transactions.
- The delineation of financial transactions for TP purposes.
- Whether intra-group loans should be treated as debt or equity.
- Pricing intra-group loans, guarantee fees, cash pooling, derivatives, treasury functions, etc.
- New tax authority guidance.
- New interest deductions limitation rules.
- Developing BEPS-compliant global financing policies.
Join us in this session as we discuss the key points that taxpayers should be aware of when addressing financial transactions TP.
Special Edition - International Tax
Malaysia’s Special Voluntary Disclosure Program (SVDP): A special program for taxpayers to voluntarily disclose tax shortfall with reduced penalties
30 May 2019
Host: Theresa Goh
Presenter: Stefanie Low
The SVDP is a special program announced by the Ministry of Finance that offers taxpayers an opportunity to recalibrate their tax affairs by coming forward and voluntarily disclose any prior tax shortfall to the Inland Revenue Board of Malaysia (IRBM). This program has been introduced at the right time as the Automatic Exchange of Information (AEOI) mechanism is already in place and MIRB has started receiving information under the Common Reporting Standard (CRS) and Country by Country Reports (CBCR). The SVDP was for the period from 3 November 2018 till 30 June 2019, but due to popular demand, it has been extended to 30 September 2019. Tax adjustments made under the SVDP will be subject to reduced penalty rates of 10% or 15% compared to a penalty rate of 45% in a typical tax audit or tax investigation. We'll discuss:
- An overview and key features of the SVDP.
- Why consider participating in the SVDP?
- What are the assurances provided by the IRBM to taxpayers?
- Methodology for TP voluntary disclosure and documents required.
- Our experiences in handling individual, corporate, and TP SVDP cases.
Join our Deloitte specialists and learn how your organization can obtain penalty protection and certainty for your tax and TP issues.
Real Estate Investment Trusts (REIT) and Infrastructure Investment Trusts (InvITs): Taking stock and opportunities
28 May 2019
Host: Sook Peng Chai
Presenters: Paul Culibrk and Kalpesh Maroo
In India, real estate investment trust (REIT) and infrastructure investment trust (InvIT) taxation regimes have been introduced to allow these structures (business trusts) to be set up in accordance with the SEBI (Real Estate Investment Trusts) Regulations, 2014 and SEBI (Infrastructure Investment Trusts) Regulations, 2014, respectively. While the regulations have been in place for some time, India has seen limited adoption of the regimes, particularly in the REIT segment. However, recent activity has rekindled interest in these taxation regimes. We'll discuss:
- An overview of the Indian regulations relating to REIT/InvIT taxation and their gradual evolution in India.
- Tax issues, practical insights, and potential solutions relating to the Indian regulations.
- Perspectives from Australia and Singapore.
Learn about the practical issues as well as possible opportunities in REIT and InvITs that your company may face going forward.
Reverse charge and overseas vendor registration (OVR): Managing the transition
23 May 2019
Host: Senthuran Elalingam
Presenter: Richard Mackender
The fast-growing digital economy has prompted countries to act on issues arising from the interaction of its existing GST rules and e-commerce. As IRAS introduces B2B and B2C indirect tax changes in Singapore, we look at the rules and how they compare with other jurisdictions. We will also discuss how businesses can prepare themselves for the introduction of these changes, with effect from January 2020. Businesses will need to consider the potential impact on their current business structure, arrangement and processes. We'll discuss:
- Overview of reverse charge and overseas vendor registration (OVR).
- Comparison with other jurisdictions.
- The way forward.
Join us to understand how these important developments in indirect tax will impact your business.
2019 Korea Tax Reform: Improving efficiency and preventing tax evasion
14 May 2019
Host: Scott Oleson
Presenters: Young Pil Kim and Sung Soo Woo
Along with the government's effort to boost economic growth and create jobs, the 2019 Tax Reform bill which was approved by the Korea's National Assembly in December 2018 mainly focuses on improving the efficiency of the country's tax regimes, preventing offshore tax evasion, encouraging innovation and job creation, and providing support for low-income taxpayers. Among the amendments, we'll discuss:
- Broadened scope of the definition of PE in line with BEPS action 7.
- Repealed preferential tax regime for foreign-invested companies.
- New rule on taxation of Korea-sourced income for Overseas Investment Vehicles (OIV).
- Limitation on the utilization of net operating losses (NOLs) for Korean branch of a foreign corporation.
Join us in this session to learn more about the updates in the 2019 Korea Tax Reform.
Global Mobility, Talent & Rewards
Navigate business traveling today and how to stay on top of it
9 May 2019
Host: Jinho Park
Presenters: Zi Hui Cheng, Deepika Mathur, and Katie Wyatt
As organizations use business travel in an ever increasing manner, authorities around the world are increasing their focus on business travelers, placing greater scrutiny on them and their employers. Additionally, employers are expected to have full oversight of their business travelers such as actively managing consequent compliance risks associated with immigration, tax, social security, payroll, and permanent establishment. Achieving improved compliance requires a holistic approach comprising change management techniques to steer traveler behavior, effective use of technology to manage the large volume of travel data, and downstream processes to undertake compliance actions. We'll discuss:
- How authorities focus on business travel has evolved and the implications.
- Global hotspots and where employer focus on compliance is best placed.
- How organizations are responding to the challenges.
- Building a path to improved compliance and success.
Gain insights from Deloitte professionals on how your organization can keep on top of the shifting landscape, enhance governance, and strengthen compliance in business traveling.
Taxing royalty payments in a digital world: Keeping up with the changes in India
7 May 2019
Host: Sanjay Kumar
Presenters: Rakesh G. Alshi and Ankit Goel
Digital economy relies heavily on intangibles, big data, and rapidly evolving technological advancements with decreased need for local personnel to perform certain functions. However, user participation is an important value driver for various types of online platforms which contributes in the service-offerings and brand building for a multinational in the digital sector. A group company of a multinational therefore, should be entitled to its share of profits of a business that result from the unrecognized value being created by these companies irrespective of where the business's goods and services are ultimately sold. In recent judgements, Indian judiciary also analyzed the business functions and value drivers of these multinationals in digital space and its Indian arm and re-characterized the payments from India as income from value creation in India. We'll discuss:
- The transformation in business models and the need to revaluate the value drivers for business towards profit entitlements.
- Various royalty models and emphasis on variable royalty.
- Which model is more relevant in the digital world?
- Current developments from the Asia Pacific region.
Join us in this session as we learn more about the developments in the digital world and how they may affect you.
G20/OECD: Tax challenges of the digitalization of the economy update
16 April 2019
Host: David Watkins
Presenters: Rohinton Sidhwa and Cam Smith
The G20/OECD Inclusive Framework on BEPS has released important updates on its work to address the tax challenges of the digitalization of the economy. At the same time, we are already seeing a breakout of unilateral measures implemented or under consideration. The OECD is exploring novel proposals, on a without prejudice basis, working towards reaching a consensus-based long-term solution by 2020. Some options extend to the taxation of all multinational businesses, not just those that are highly digitalized. What might this mean for your organization? Areas under consideration by the OECD include:
- Revised nexus and profit allocation rules which will expand taxing rights for market/user countries.
- Global anti-base erosion proposals to address profit shifting to no or very low tax countries.
Keep up to date with these latest international tax developments and hear our insights on how they may affect your organization.
Destination China: Updates of Individual Income Tax (IIT) reform
26 March 2019
Host: Tony Jasper
Presenters: Huan Wang and Irene Yu
The 7th amendments to the PRC IIT law contains broad changes to the IIT law system. After the implementation of new IIT law, the subsequent implementation rules and various regulations provided further guidance, such as whether concession rule may still apply to foreign individuals working in China for world-wide taxation relief, what is the scope of additional itemized deductions and the employer and employee's responsibilities with this respect, how to calculate the advance IIT withholding, what assistance the taxpayers may receive for their tax reporting, etc. In this session, we'll discuss:
- The major updates of the implementation rules.
- Recent development of relevant regulations under the new IIT law.
- Recommended actions by company and individual taxpayers in coping with the new changes.
Gain insights from Deloitte professionals on the IIT reform updates and get prepared for the implementation of the new IIT rules.
India tax update: Latest developments and impact
19 March 2019
Host: Sunil Shah
Presenters: Jatin Kanabar, Pritin Kumar, and Amit Sarker
The last few months have seen several developments in Indian tax jurisprudence. Given the common law system in India and the hierarchy of courts and the tribunal, the same issue may come to be decided by multiple authorities and at multiple levels. This makes it necessary to always be aware of the evolving judicial views. There are also many changes in the statutory provisions, particularly in the area of GST. We'll discuss:
- Recent income-tax rulings, including on research and development expenses and on conversion of a company into an LLP.
- Recent important amendments in GST provisions.
- Update on anti-profiteering cases.
- Significant GST advance rulings.
Learn about the important tax developments in India and how they may affect your organization.
Hong Kong Tax Update: Maintaining competitiveness whilst complying with global tax standards
5 March 2019
Host: Leonard Khaw
Presenters: Jonathan Culver, Anthony Lau, and Winnie Shek
Hong Kong is introducing key taxation measures to maintain its competitiveness in an ever faster evolving global economy, and to comply with globally accepted tax standards. Apart from enacting transfer pricing rules and working with taxpayers to ensure the smooth implementation thereof, which we are covering in a separate webcast, Hong Kong introduced a two-tiered profits tax system and "super deductions" in respect of R&D activities being carried on in Hong Kong, and expanded the scope of profits tax deductions in relation to intellectual property rights. The Offshore Fund Regime is being reformed, and significant measures have been introduced that address longstanding issues pertaining to financial services, which is key to the Hong Kong economy. In this session, we will help you to understand the main changes and the potential implications. We'll discuss:
- The two-tiered profits tax system.
- The newly introduced R&D super deduction regime.
- Changes in relation to the intellectual property rights.
- The reform of the Offshore Funds regime.
- Other significant measures that address longstanding issues pertaining to financial services.
Join us in this session to learn more about the developments listed, how they may affect you and your organization, in particular, the opportunities that are becoming available to you as a result of their introduction.
Inbound investment, e-commerce, and e-invoicing rules in Vietnam: A clear view of the recent developments
28 February 2019
Host: An Vo
Presenter: Thomas McClelland
Vietnam has been enjoying strong economic growth. Overseas businesses are increasingly attracted by the country's move from a centralized to a market-oriented economy and its 95 million-strong population, which features a large and young workforce as well as an increase in disposable income in recent years. On the other hand, the issuance of new Decree reflects the determination by the Vietnamese Government in strongly reforming tax administration and increasing the management over the informal economy in Industrial 4.0. We'll discuss:
- Overview of Vietnam inbound investment with considerations such as forms of investment and restrictions, general tax obligations, and updates on tax regulation changes.
- Highlights of e-commerce market in Vietnam, forms of operation, specific requirements, and tax collection mechanism relating to e-commerce.
- Overview and framework for e-invoice and practical issues for implementing e-invoices.
Keep up to date with the latest developments in Vietnam and hear our insights on how they may affect your organization.
Common themes in GST across China and India: What you should know
26 February 2019
Host: M.S. Mani
Presenters: K Baskar and Candy Tang
The changing profile of GST/VAT system across Asia Pacific region in recent times has made it necessary for businesses to alter their business strategies and their compliance planning. While GST continues to be a hot topic across the region, China and India being the largest economies in the region, are of specific interest to all businesses. China has been engaged in VAT reform for quite some time and many more changes are expected in 2019. India has just completed the introduction of a large scale GST which has altered the business landscape and increased compliance for many businesses. There are quite a few common themes emerging in the GST reform landscape of these Asian giants although the GST in these countries is quite different. We'll discuss:
- The business impact of these changes from a planning and compliance perspective.
- Common themes emerging from these countries.
- Practical case studies.
- Opportunities and the way forward.
Join us in this session as we learn more about the emerging changes in GST across China and India and how they may affect you.
Hong Kong's new transfer pricing regime: Getting on the right track (Part 1)
21 February 2019
Host: Leonard Khaw
Presenters: Petrina Chang, Elaine Wong, and Victor Zhang
After the Inland Revenue (Amendment) (No. 6) Ordinance 2018 (the Amendment Ordinance) was gazetted on 13 July 2018, taxpayers and practitioners continued to seek clarification from the Hong Kong Inland Revenue Department (HKIRD) concerning a range of matters relevant to the practical implementation of the new rules. During a series of transfer pricing seminars attended by representatives of the HKIRD, in addition to reiterating that the main objectives are to codify the transfer pricing principles, implement certain measures under the Base Erosion and Profit Shifting (BEPS) package, and adhere to the international standards, the HKIRD also reiterated its commitment to release detailed guidance in the form of Departmental Interpretation and Practice Notes (DIPN) to assist taxpayers practically to comply with the new rules. During the webcast, we will share the first batch of such guidance:
- Implementation of
- Grandfather rules.
- Country-by-country reporting obligation and exchange mechanism.
- Authorized OECD approach for
- Financial transactions.
Join us to keep abreast of the developments in this area of transfer pricing.
Global Mobility, Talent & Rewards
Deloitte Asia Pacific Immigration Survey: Mobilizing and retaining talent in a disrupted cross-border world
19 February 2019
Host: Mark Wright
Presenters: Sasha Grimm and Kathryn Osborn
The challenge facing mobility professionals in the Asia Pacific region has never been greater in terms of attracting and retaining talent. The Asia Pacific region is the growth engine of the global economy. In a recent Deloitte immigration survey of companies mobilising talent to the Asia Pacific region, respondents confirmed that skill shortages are impacting 38% of organisations operating in the region. Mobilising talent globally is viewed as a sensible and necessary solution by companies to retaining and incentivising talent, but are experiencing different challenges. Moving talent cross-border has become more complex and the risks have increased as host country governments have become more sophisticated with their compliance measures. We'll discuss:
- The challenges of mobilising talent globally such as immigration rules and external factors.
- The emerging issues which impact on the ability for the business community to attract and retain talent.
- The key findings of the Deloitte Asia Pacific Immigration Survey.
Gain insights from Deloitte professionals on the immigration risks associated with moving talent across borders and how to incorporate immigration issues into wider workforce management planning.
Indirect tax developments in Malaysia
14 February 2019
Host: Senthuran Elalingam
Presenters: Larry James Sta Maria and Eng Yew Tan
This session will focus on the developments subsequent to the re-introduction of the Sales Tax and Service Tax (SST) on 1 September 2018, including critical changes to the law, guidance, and administration of the tax. It will also touch on key concerns in relation to the
- Technical developments.
- Post-implementation issues.
- GST audit closure.
- Upcoming developments.
Join us to understand how the evolving nature of the Malaysian indirect tax regime will impact your business.
2019 Japan Tax Reform Proposals: Broadening the base through BEPS
12 February 2019
Host: David Bickle
Presenters: Lars Dahlen, Brian Douglas, Tim O'Brien, and Luke Tanner
Japan is in the midst of its second longest economic expansion in post-war history. However, increasing national debt and global trade uncertainties threaten to prevent the expansion from becoming its longest. The 2019 Tax Reform proposals issued by the ruling parties of the Japanese government on 14 December 2018 reflect the desire to both broaden the tax base and to implement further BEPS measures. In addition, the recent conclusion of several trade agreements demonstrate Japan's commitment to maintaining open trade. We'll discuss:
- Key proposals in the 2019 Tax Reform, including R&D and other incentives, implementation of BEPS measures such as, Action 4 – limiting base erosion through interest deductions and Action 8 – introducing rules related to hard-to-value intangibles.
- 2018 developments in Japan's tax treaty network.
- The multi-rate consumption tax system scheduled to come into effect from 1 October 2019.
- Customs and trade issues, including recent significant trade agreements ratified by Japan.
Join us to learn more about these key proposals in the 2019 Japanese Tax Reform and other recent notable tax and legal updates that may impact multinational enterprises doing business in Japan.
Special Edition - China Spotlight
Breakthrough of the Hong Kong tax exemption for funds: The "Unified" fund exemption regime
15 January 2019
Host: Patrick Yip
Presenters: Anthony Lau and Roy Phan
The offshore fund tax exemption regime has existed in Hong Kong for over a decade and it was subsequently amended in 2015 to extend the tax exemption to offshore PE funds that do not invest into Hong Kong private companies. On 7 December 2018, the Inland Revenue (Profits Tax Exemption for Funds) (Amendment) Bill 2018 was gazetted, which has completely changed the landscape of the tax exemption for funds. The Bill seeks to unify the Hong Kong tax exemption regimes for privately-offered funds regardless of the type, size, location of central management and control etc. It is expected that the new unified fund exemption regime, once enacted, will come into operation on 1 April 2019. The Bill is welcomed by the fund industry in general, as it allows both onshore and offshore "funds" that invest in Hong Kong private companies to be eligible for tax exemption provided certain conditions are met. We'll discuss:
- Key features of the Bill, in particular
- Definition of a "fund"
- Tests to be satisfied for the tax exemption on private equity investments
- Tax exemption for Special Purpose Vehicles (SPVs)
- No tainting features
- Deeming provisions
- Our key observations on the Bill's potential implications to different types of funds (hedge funds, PE funds, VC funds, RE funds, etc.).
- Other considerations (operational aspects, tax implications of carried interest and/or management fee, etc.).
Join us in this session as we learn more about the main changes as well as the potential implications of the Bill and how they may affect your organization.