Indirect Tax
Please explore upcoming programs or access archived programs below.
Upcoming Webcasts
Indirect Tax Court Cases Across Asia Pacific: Towards Generally Accepted International VAT Principles?
30 May, 2:00 – 3:00 PM HKT (GMT +8)
Host: Robert Tsang
Presenters: Prashant Deshpande and Gary Funston
There has been significant court activity in the past year across Asia Pacific involving indirect tax. What do they indicate – are internationally accepted international VAT or GST principles emerging? What should multinationals operating in the region know, and how can you incorporate lessons learned into your indirect tax planning? We'll discuss:
- An overview of indirect tax regimes in the region, comparing and contrasting relevant provisions.
- Recent important court cases, from service tax liability in India to the treatment of no-show charges for GST purposes in Australia and beyond.
- Implications of these court cases for your business in terms of structuring and compliance.
Learn about recent indirect tax cases and precedents set, and ways you can address potential tax risks and opportunities.
Archived Webcasts
Japanese Consumption Tax Enters a New Era
12 March 2013
Host: Robert Tsang
Presenters: David Bickle and Chikara Okada
Japanese Consumption Tax or JCT is in the limelight. Plans are that rates will increase from the current 5 percent to 8 percent in April 2014, and to 10 percent in October 2015. What does this mean for businesses and taxpayers? What shape might the law take, given the controversy around the JCT reform proposals? We'll discuss:
- Insights on how the new rules might work compared to the current JCT system, and different proposals put on the table.
- The possibility of changes to the scope of the tax, including proposals for imposing tax on certain e-business activities and changing the place of supply rules – how would collection be enforced?
- Proposals for multiple rates, such as no tax on food, similar to VAT rules elsewhere in the world – what could such rates look like?
- Practical points for businesses, looking ahead to approach and implementation of the new rules.
Learn about how Japan's Indirect Tax regime is changing and explore actions your business can take to prepare.
New OECD VAT/GST International Guidelines: Global Principles, Local Rules in Asia Pacific?
27 February 2013
Host: Robert Tsang
Presenters: Odile Courjon, Stephen Tobias, and Piet Vandendriessche
The OECD has launched new draft Indirect Tax guidelines as part of an initiative to standardize VAT/GST rules, seeking input by 3 May 2013 to a consolidated draft with a view to finalizing the guidelines. How might a standard set of international VAT/GST rules play out locally across the region? How will the guidelines work – how might you and your business benefit? We'll discuss:
- What the new consolidated guidelines contain, including how will the Principle of Neutrality in VAT/GST work – these indirect taxes should not be a burden to businesses and can the consistent application of taxability and place of supply rules be achieved, to eliminate double taxation?
- Highlights of the OECD Global Indirect Tax meeting in November 2012, including worldwide perspectives on implementing VAT/GST, designing efficient and equitable indirect tax systems, and applying VAT/GST to international trade.
- Potential practical implications for businesses operating in the Asia Pacific region, focusing on Australia as an example.
Learn about proposed new global OECD VAT/GST guidelines and what might be in it for your company.
VAT and GST Refunds: The Changing Landscape
20 November 2012
Host: Robert Tsang
Presenters: Tuan Bui, Olivier Hody, and Richard Lapres
Although VAT and GST refunds are permitted in most Asia Pacific countries and around the world, many firms report that refunds are harder to obtain due to tightening rules. How does reality match with this perception? We'll discuss:
- Developments in rules for VAT and GST credits, refunds, and invoicing in countries around the region with a focus on the Philippines and Vietnam.
- Eligibility requirements for foreign VAT and GST refunds or credits, an opportunity often overlooked or ignored by businesses.
- Effective practices for refund and credit management, including pitfalls to avoid.
Learn about evolving VAT and GST refund rules and eligibility requirements and how you might still take advantage of available VAT and GST refunds.
Asia Pacific Tax Series
China Spotlight
Countdown to the India DTC
Country Focus
Customs & Global Trade
Government Grants & Incentives
India Spotlight
Indirect Tax
Industries
International Assignments
International Tax
M&A Tax
Private Business
Regulatory
R&D Tax Incentives
Tax Management
Transfer Pricing
Stay connected
Material on this website is © 2013 Deloitte Global Services Limited, or a member firm of Deloitte Touche Tohmatsu Limited, or one of their affiliates. See Legal for copyright and other legal information.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.