Dbriefs Bytes

17 April 2015

Dbriefs Bytes brings you a weekly summary of the significant international tax developments impacting Asia Pacific. This video is broadcast every Friday afternoon. Stay tuned!  Dbriefs Bytes is presented by Steve Towers, Asia Pacific Leader - International Tax

17 April 2015

1. BEPS Action 12: Mandatory Disclosure Rules (00:31)

1.1 First objective: recommendations for design of mandatory disclosure rules for each country

1.2 Second objective: adjustments for international tax schemes

  • For a copy of the discussion draft (82 pages), click here

2. BEPS: other developments (09:40)

2.1 Australia: Senate inquiry

2.2 Israel: taxation of digital services: draft guidelines

  • For a copy of the draft guidance (in Hebrew), click here
  • For information: Yitzchak Chikorel (Tel Aviv)

2.3 Turkey: notional interest deduction

3. India: Minimum Alternate Tax (MAT) demands on foreign institutional investors (FIIs) (16:22)

4. South Africa: Place of Effective Management (POEM) (18:40)

  • For a copy of the draft guidance, click here
  • For information: Louise Vosloo (Johannesburg)
  • For information on India: N.C. Hegde (Mumbai)

5. VAT (22:46)

  • For a copy of the updated Singapore GST guidance on funds, click here
  • For information on:

– The UK: Donna Huggard (London)

– The Netherlands: Rogier Vanhorick (Rotterdam)

– Belgium: Piet Vandendriessche (Brussels)

– Luxembourg: Cedric Tussiot (Luxembourg)

– The EU MOSS: Rogier Vanhorick (Rotterdam)

– Singapore: Richard Mackender (Singapore)

6. In brief (25:58)

6.1 Australia: Managed Investment Trusts

6.2 India: Income Computation and Disclosure Standards

  • For a copy of our Tax Alert, click here
  • For information: N.C. Hegde (Mumbai)

6.3 Budgets: Mauritius and Namibia

  • For a copy of our Tax Alerts on the two Budgets, click here for Mauritius, and click here for Namibia
  • For information on Mauritius: Twaleb Butonkee (Ebène), and on Namibia: Gerda Brand (Windhoek)

6.4 Denmark: crowd funding

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