Asia Pacific Dbriefs
Staying connected to all the latest issues and strategies is a challenge. That's why Deloitte offers Dbriefs, live webcasts that give you valuable insights on important developments affecting your business in Asia Pacific.
Archived Webcasts
Webcasts archived in the last two weeks can be accessed on the Dbriefs Archives page. To view older archives, select a Dbriefs series from the menu on the left. For a complete program schedule and topic information, select the Program Guide.
Special Edition Webcasts
Asia Pacific Tax
China's Beneficial Ownership Circular: Setting a New Global Standard For Attacks on Treaty Shopping?
25 November, 12:00 noon – 1:00 PM HKT (GMT +8)
Host: Steve Towers
Presenters: Nick Cham and Leonard Khaw
On 27 October, China's State Administration of Taxation issued Guoshuihan [2009] No. 601 (Circular 601), which sets out China's standards for beneficial ownership status for treaty benefits such as income tax reductions or exemptions for dividends, interest and royalties. This new guidance is vitally important for inbound investors into China and companies interested in global developments concerning tax authorities' responses to treaty shopping. We'll discuss:
- Factors and tests described in Circular 601, including case studies illustrating their operation.
- Compliance obligations related to Circular 601.
- Possible restructuring to satisfy Circular 601.
- Comparison with the OECD Commentary and with existing global case law (Royal Dutch Shell, Indofood, Prevost) on the beneficial ownership condition.
Has China set a new global standard for attacks on treaty shopping? Find out the implications for your company and whether you should be taking action now.
India’s New Goods and Services Tax (‘GST’) Framework Announced: Time to Get Ready for the Challenge!
26 November, 5:00 – 6:00 PM HKT (GMT +8)
Host: Robert Tsang
Presenters: Prashant Deshpande and Atul Gupta
The long-awaited Discussion Paper on proposed GST scheduled for introduction on April 2010 has just been released. The many existing Indian indirect taxes are consolidated into the GST, comprising a Central GST and State GST. We will discuss:
- The gist of GST proposals outlined in the discussion paper.
- How businesses are likely to be impacted and in particular what the proposals could mean for your supply chain in India.
- The new requirements arising from the introduction of a dual GST.
Get insights from the Deloitte experts on what to do to prepare, what issues are likely to arise and what you should be considering now.
Upcoming Webcasts
Country Focus
Australia rewrites CFC rules: For better or for worse?
24 November, 11:00 AM – 12:00 noon HKT (GMT +8)
Host: Dwayne Sleep
Presenters: Vik Khanna and Peter Madden
In May, Australia announced a rewrite of its controlled foreign corporation rules and abolishment of foreign investment fund (FIF) provisions. Will the new rules be an improvement? We’ll discuss:
- CFC rule changes, including anti-rollup rules that replace the current FIF provisions.
- Potential impact of the new rules on Australian entities investing offshore, including a new control test, further limitations on passive income, and changes to the active income test.
- Potential tax planning opportunities, including use of offshore marketing and distribution companies, use of intellectual property in foreign subsidiaries, and conduct of real estate related businesses offshore.
Explore implications of the new CFC rules and whether they improve Australia’s position as a preferred location for regional holding companies.
「オバマ政権2010年米国税制改正案」
－過度の国際的租税回避への対応－
2009年11月26日、11:00 AM – 12:00 PM (香港時間、GMT +8）
司会進行：生田 ひろみ
講師：前田 幸作 小山 理留 岡 映
リーマンショック後の世界同時不況を背景に誕生したオバマ政権は経済対策を最重要課題として掲げ、税制改正は政策実現の大きな柱であります。税制改正の具体案は、2009年5月に米国財務省が発表したグリーンブック（2010年度歳入提案に関する公式説明文書）に記載され、国際課税を中心にさまざまな改正案が含まれていますが、今回は日本企業にとって関心が高いと考えられるトピックをいくつか抜粋して解説します。
- オバマ改正案の背景と趣旨
- 国外源泉所得に係る費用の損金算入時期の繰延
- チェック・ザ・ボックス規則の改正
- Carried Interestの取扱いの変更
- QI（Qualified Intermediary）制度の強化
改正案の中でもQI制度の強化については問合せが多いため、その概要についてわかりやすく説明し、実施された場合に日本企業へ与える影響等についてもコメントします。
China Spotlight
Poised for the recovery: What new business models and tax strategies should you consider?
2 December, 12:00 noon – 1:00 PM HKT (GMT +8)
Host: Leonard Khaw
Presenters: Sarah Chin, Brett Norwood and Vicky Wang
As China recovers from the global recession, companies operating there are revisiting their business models and many of their tax strategies. Because of the 2008 China Tax Reform and other subsequent significant tax changes, tax remains a hot topic - and the Chinese tax authorities are continuing to place a heavy focus on compliance. What actions are leading companies taking? We’ll discuss:
- Questions many companies are asking about their China operating models and global supply chain strategies.
- Changes to business models that companies are considering as a result of the 2008 Tax Reform and other subsequent tax law changes.
- Significant issues arising from China’s increased focus on tax compliance and how leading companies are responding.
Gain insights into the business, regulatory and tax environment in China, and consider potential tax strategies you may wish to adjust going forward.