Summary: 1. BEPS 1.1 Discussion draft (DD) on cost contribution arrangements (CCAs) (Action 8) • For a copy of the DD (20 pages), visit www.deloitte.com/ap/dbriefs/bytes 1.2 Actions 3, 11, & 12 • For a copy of the public comments on the Action 3 DD (912 pages), for a copy of the public comments on the Action 12 DD (275 pages), and for a copy of the Action 11 DD (82 pages), visit www.deloitte.com/ap/dbriefs/bytes 1.3 Activities scheduled for this month 1.4 UN Committee 1.5 Australia • For a copy of the discussion of the "effective tax rate" formula, visit www.deloitte.com/ap/dbriefs/bytes • For information: David Watkins (Sydney): dwatkins@deloitte.com.au 1.6 Glass houses 1.7 Italy • Taxation on virtual presence? • For information: Luca Bosco (Turin):lubosco@sts.deloitte.it 2. India 2.1 MAT on FIIs • For a copy of our Tax Alerts on this topic, visit www.deloitte.com/ap/dbriefs/bytes • For information: N.C. Hegde (Mumbai): nhegde@deloitte.com 2.2 POEM • For information: N.C. Hegde (Mumbai): nhegde@deloitte.com 3. Cases 3.1 India: Serum Institute • PANs and treaties • For information: N.C. Hegde (Mumbai): nhegde@deloitte.com 3.2 Korea: Customs duty case • For information: Jin Kon Jung (Seoul): jinkjung@deloitte.com, and Bob Fletcher (Singapore): bobfletcher@deloitte.com 3.3 Norway: Total • Secret comparables • For information: Rolf Saastad (Oslo): rsaastad@deloitte.no 4. In Brief 4.1 Treaties 4.2 Australia • For a copy of our Tax Alerts on the two batches of draft legislation, and for a copy of our Tax Alert on the Tax Commissioner's new power, visit www.deloitte.com/ap/dbriefs/bytes • For information: David Watkins (Sydney): dwatkins@deloitte.com.au 4.3 Indonesia: tax incentives • For information: Nazly Siregar (Jakarta): nsiregar@deloitte.com 4.4 Canadian Budget • For a copy of our Tax Alert, visit www.deloitte.com/ap/dbriefs/bytes • For information: Albert Baker (Toronto): abaker@deloitte.ca 4.5 European tax law changes • For information: Lars Franck (Stockholm): lfranck@deloitte.se, Luca Bosco (Turin): lubosco@sts.deloitte.it, and Soeren Reinhold Andersen (Copenhagen): soeandersen@deloitte.dk 4.6 Switzerland: foreign tax credits for PEs • For information: Jacqueline Hess (Zurich): jahess@deloitte.ch 4.7 HSBC and Standard Chartered 4.8 Finnish line • Slow down, Bill Gates
