Summary: 1. BEPS: Action 6 (Preventing Treaty Abuse) 1.1 “Variable” LOB article 1.2 Special tax regimes 1.3 Future changes in a country’s domestic tax laws 1.4 PPT: 9 new examples 1.5 Other issues 1.6 Public comments • For a copy of the revised discussion draft, visit www.deloitte.com/ap/dbriefs/bytes 2. BEPS: other developments 2.1 Amazon • Change to local branch structure 2.2 Discussion Draft on TP issues 2.3 Crunch time 2.4 Multilateral instrument • For a copy of the OECD’s statement, visit www.deloitte.com/ap/dbriefs/bytes 3. Cases 3.1 India: Delta Airlines • India / U.S. treaty: Article 8 exemption 3.2 India: B4U • Contract concluding agency PE 3.3 ECJ: Verder Labtec • “Exit tax” on transfer of assets to foreign PE 3.4 U.S.: Validus Reinsurance • Presumption against extraterritoriality 4. India 4.1 Jaitley Statement 4.2 MAT / FII committee • For a copy of the public comment request, visit www.deloitte.com/ap/dbriefs/bytes 4.3 Suspension of collection of taxes during MAP under the India / UK treaty • For a copy of the Ministry of Finance’s statement, visit www.deloitte.com/ap/dbriefs/bytes For information: N.C. Hegde (Mumbai): nhegde@deloitte.com 5. China 5.1 Reduction in tariff rates • For information: Sarah Chin (Hong Kong): sachin@deloitte.com.hk 5.2 Suspension of clean-up of preferential policies • For a copy of Notice 25 (in Chinese) and our Tax Alert, visit www.deloitte.com/ap/dbriefs/bytes • For information: Vicky Wang (Shanghai): vicwang@deloitte.com.cn, and Ye Hong (Shanghai): hoye@deloitte.com.cn 6. In brief 6.1 Treaties 6.2 Taiwan: treatment of non-cash capital reductions • For a copy of our Tax Alert, visit www.deloitte.com/ap/dbriefs/bytes • For information: Cheli Liaw (Taipei): cheliliaw@deloitte.com.tw 6.3 Indonesia: thin capitalization • For information: Nazly Siregar (Jakarta): nsiregar@deloitte.com 6.4 Brazil: social contributions (CSLL, PIS & COFINS) • For a copy of our Tax Alerts, visit www.deloitte.com/ap/dbriefs/bytes • For information: Marcelo Natale (Sao Paulo): mnatale@deloitte.com
