Summary: 1. BEPS • OECD BEPS webcast - Some “gold nuggets” in regard to + Action 6 (prevent treaty abuse) + Action 8 (intangibles) + Action 13 (TP documentation and CbC reporting) + Action 15 (multilateral instrument) - To access a recording of the webcast, visit BEPS Central at www.deloitte.com/ap/dbriefs/bepscentral • Action 13 public consultation meeting - Language for files and reports • EU: digital economy report - To obtain a copy of the report, visit www.deloitte.com/ap/dbriefs/bytes 2. Cases • India: MSM Satellite - Application of “arising” definition in Article 12 (royalties) of India / Singapore treaty - For information: K.R. Sekar (Bangalore): krsekar@deloitte.com • Korea: Dividend case - Denial of “beneficial ownership” status, for the purposes of the dividend article in Korea / UK treaty - For information: Gyung Ho Kim (Seoul): gykim@deloitte.com 3. Japan • BEPS - Cabinet Office discussion paper on BEPS - Japan / Australia redeemable preference shares - To obtain a copy of the report (Japanese language), visit www.deloitte.com/ap/dbriefs/bytes • Corporate tax rate reduction • Increase in highest marginal tax rate for individuals - To obtain a copy of our News Flash, visit www.deloitte.com/ap/dbriefs/bytes • IBM • For information: Jun Takahara (Tokyo): jun.takahara@tohmatsu.co.jp 4. Indonesia • Electronic VAT invoices • Exchange of information • For information: Nazly Siregar (Jakarta): nsiregar@deloitte.com 5. In brief • New Zealand - Public rulings on foreign tax credits - For information: Teresa Farac (Auckland): tfarac@deloitte.co.nz • Myanmar - Changes to commercial tax on services - To obtain a copy of our Alert, visit www.deloitte.com/ap/dbriefs/bytes - For information: Anthony Loh (Bangkok): aloh@deloitte.com • India - Speculation that new government might repeal retrospective Vodafone legislation - For information: N.C. Hegde (Mumbai): nhegde@deloitte.com • Vietnam - Circular 39: invoicing - To obtain a copy of our Alert, visit www.deloitte.com/ap/dbriefs/bytes - For information: Tom McClelland (Ho Chi Minh): tmcclelland@deloitte.com • China - Jiangsu provincial SAT: Administrative Measures on international tax matters and BEPS topics - To obtain a copy of the Administrative Measures (Chinese language), visit www.deloitte.com/ap/dbriefs/bytes - For information: Vicky Wang (Shanghai): vicwang@deloitte.com.cn Ye Hong (Shanghai): hoye@deloitte.com.cn
