Dbriefs Asia Pacific
Anticipating tomorrow's complex issues and new strategies is a challenge. Stay tuned with Dbriefs that give you valuable insights on important developments affecting your business in Asia Pacific.
Webcasts archived in the last 6 months can be accessed from the Dbriefs Library. For a complete program schedule and topic information on upcoming webcasts, select the Program Guide from the menu on the right.
4月23日上午11时 - 下午12时 (香港/北京时间, GMT +8)
Annual Review: Double Tax Treaty Update and OECD / UN Developments
29 April, 2:00 – 3:00 PM HKT (GMT +8)
Host: Steve Towers
Presenters: Leonard Khaw and Vicky Wang
We will review the important new double tax treaties in Asia Pacific, major case law and administrative developments concerning the interpretation of double tax treaties, and significant OECD / UN developments relating to double tax treaties and other international tax topics. We'll discuss:
- New double tax treaties signed or ratified by China, Japan, Korea, and other countries.
- Important cases on treaty interpretation, including the “permanent establishment” (PE) definition and anti-avoidance rules.
- Proposed amendments to the OECD Commentary.
- China’s Bulletin 19 on employee secondments and PEs.
- The UN’s initiative in regard to services income.
- Update on the OECD / G20 "base erosion and profit shifting" (BEPS) project.
Learn about the important developments in the last 12 months in regard to double tax treaties and OECD / UN projects.
Deepening Links: Transfer Pricing and Indirect Tax in India
8 May, 2:00 – 3:00 PM HKT (GMT +8)
Host: Samir Gandhi
Presenters: Manisha Gupta and M.S. Mani
The debate on the linkages between transfer pricing (TP) and indirect taxes (IDT) is not new, though several recent developments in India have signified deeper ties are being formed between the two. How should you accommodate the TP and IDT issues on the same platform, in order to avoid adopting a silo approach to the growing complexities in these taxes? We'll discuss:
- Concept of related party in terms of transfer pricing regulations and indirect tax laws.
- Expanding TP legislation, including coverage of Specific Domestic Transactions.
- New perspectives on Customs Valuation for related party transactions based on two recent Customs decisions.
- The link between TP and service taxes, in light of the recent changes in the service tax legislation including the provision for a mechanism to compare the cost of providing services.
- Importance of documentation and reporting requirements suitable for TP and IDT.
Gain new insights on the deepening interplay between transfer pricing and indirect taxes.
Japanese Language Webcasts
5月21日 12:00 – 1:00 PM (日本時間、GMT+9)
講師：村中 靖、 白澤 賢
- 株式報酬制度と海外勤務者の税務上の留意点 等
Base Erosion and Profit Shifting (BEPS): What's Happened So Far? And What's Next?
27 May, 2:00 – 3:00 PM HKT (GMT +8)
Host: Steve Towers
Presenters: Anis Chakravarty, Leonard Khaw, Peter Madden, and David Watkins
The BEPS Project is the most important review of the world’s international tax architecture in decades. Since its official launch by the OECD and G20 in July 2013, what have been the key developments, both globally and in Asia Pacific? We'll discuss:
- Work currently being undertaken by the OECD, including country-by-country reporting, transfer pricing documentation, the transfer pricing aspects of intangibles, the tax aspects of the digital economy, prevention of tax treaty abuse, and hybrid mismatch arrangements.
- Areas of potential "friction" amongst OECD / G20 countries.
- Updated "BEPS scorecard" for Asia Pacific countries: current legislative position, perspectives of governments and the public, and unilateral BEPS actions.
- The (expected) way forward.
Find out the current position on this very important international tax initiative.
Waiting for Lightning to Strike: How do Employers Evaluate Risk in Tax Compliance?
29 May, 2:00 – 3:00 PM HKT (GMT +8)
Host: Russell Bird
Presenters: Tony Jasper, Jill Lim, and Paul Tyler
These days it seems that the question is not if an audit will strike but when. Tax authorities are scrutinizing information gathered to ensure individual and employer tax returns are aligned with current tax laws. Where are the particular areas of risk for employers in the Asia Pacific region, and how can we evaluate risk and take action? We'll discuss:
- Trends in audit activity and information gathering across the region.
- Techniques that employers can use to evaluate the tax risk in their compliance process.
- Specific areas of risk, such as business travelers, that employers should focus on and what they should do when "lightning strikes".
Learn how employers are addressing specific areas of risk in tax compliance across the region.
Industries – Financial Services
The Countdown for FATCA Compliance: Where are We Now and What to Do after the Deadline Has Passed?
5 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Jim Calvin
Presenters: Marie Gervacio and Alison Noble
Foreign Account Tax Compliance Act (FATCA) will go live on 1 July 2014. Many financial institutions, however, will be unprepared or under-prepared due to late starts or failure by governments to have timely signed intergovernmental agreements (IGA) with the U.S. What can financial institutions do to prepare for FATCA? We'll discuss:
- Uncertainties such as whether and which model of IGA will be signed in jurisdictions relevant to a financial institution in the compliance landscape within the time remaining.
- How to deal with non-compliant counterparties – when and how it becomes relevant.
- Reconciliation and upgrading processes from the U.S. regulations in order to meet IGA standards such as automated onboarding and reasonableness checks, and local compliance program requirements and enforcement under an IGA.
Learn how financial institutions can prepare themselves for FATCA, leading up to and beyond 1 July 2014.
Business Model Transformation in Asia Pacific: Lessons Learned
10 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Tom Ewigleben
Presenters: Korneeka Koonachoak, Nazly Siregar, and Paul Zanker
Pioneering companies in Business Model Transformation have transformed their operating models, resulting in improved financial performance through, for example, lower effective tax rates (ETR), better operational efficiency, and better leverage on economies of scale. What exactly did they do and what could have been done differently? We'll discuss:
- What caused them to rethink their operating models – tax, operations, or both?
- Critical decisions made during design and implementation.
- Tax and operational benefits realized.
- Lessons learned from recent case studies.
Understand the experiences and lessons learned from these pioneering companies in the region.
E-commerce Transactions in India: The Final Frontier
12 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Prashant Deshpande
Presenters: Rajesh Gandhi and Rohinton Sidhwa
Electronic commerce in India is poised to grow significantly, as traditional infrastructure is outpaced by the feverish growth of India's cities. As the consumption based tax systems in India struggle to keep pace with these technological developments, what can e-commerce companies do to meet the challenges? We'll discuss:
- Current state of the market, projections for growth, and policies concerning opening up the market to foreign investors.
- Indian judicial precedent on various models such as cloud services, server space, and webserver as a PE.
- Impact, in India, of the OECD discussion paper on “Tax Challenges of the Digital Economy” released for public comment in March 2014.
- Impact of Indian indirect taxes on e-commerce transactions related to sale of goods such as e-tailing and electronically supplied services such as digitized content.
Gain insights from practical experiences and case studies on e-commerce transactions in India.
VAT / GST on Cross-border Digital Services and Intangibles: What next for B2B and B2C Rules in Asia Pacific?
19 June, 4:00 – 5:00 PM HKT (GMT +8)
Host: Robert Tsang
Presenters: Aili Nurk, Chikara Okada and Chandran Ramasamy
A number of Asia Pacific countries, namely China, Japan, and Malaysia, are implementing new indirect tax rules over the next 18 months and all are focused on new ways of tackling taxation of cross-border services and intangibles. Concurrently with the BEPS project, the OECD is also taking steps on the indirect tax front to develop the next set of OECD VAT / GST International Guidelines focusing on the “challenges of taxing the digital economy”. We’ll discuss:
- The rules for indirect taxation of electronic or digital B2C supplies in step with BEPS recommendations.
- Soon to be finalized OECD rules on B2B supplies and where the B2C work is likely to be headed.
- How Asia Pacific tax authorities are approaching this, particularly in Japan with the increase in consumption tax rate and scope starting in April this year, in China as part of the ongoing VAT Reform Program, and in Malaysia as part of the GST rollout in April 2015.
Explore more about how the VAT / GST rules are shaping and developing across the region.
Transfer Pricing Issues in the Context of Mergers and Acquisitions
26 June, 2:00 – 3:00 PM HKT (GMT +8)
Host: Shanto Ghosh
Presenters: Samir Gandhi, Tae Hyung Kim, and Danny Po
Multinational enterprises often rely on inorganic growth to expand their global footprint. As mergers and acquisitions (M&A) activity becomes prevalent, transfer pricing issues have come to play an important role in the pre- and post-acquisition process. We'll discuss:
- Key characteristics of M&A activity across the globe with specific emphasis on Asia Pacific.
- Transfer pricing issues in the due diligence phase of an M&A deal, including possible risk from lack of documentation or support for pre-existing transfer pricing policies, and suitable reserves for uncertain tax positions.
- Post-acquisition transfer pricing issues such as aligning pre- and post-acquisition transfer pricing policies in the integrated group, and transfer pricing issues related to business restructuring in the post-acquisition phase.
Gain insights from an in-depth discussion on the importance of transfer pricing issues in the context of M&A.