Summary: 1. BEPS Action 12: Mandatory Disclosure Rules 1.1 First objective: recommendations for design of mandatory disclosure rules for each country 1.2 Second objective: adjustments for international tax schemes • For a copy of the discussion draft (82 pages), visit www.deloitte.com/bepscentral 2. BEPS: other developments 2.1 Australia: Senate inquiry • For information: David Watkins (Sydney): dwatkins@deloitte.com.au 2.2 Israel: taxation of digital services: draft guidelines • For a copy of the draft guidance (in Hebrew), visit www.deloitte.com/bepscentral • For information: Yitzchak Chikorel (Tel Aviv): Ychikorel@deloitte.co.il 2.3 Turkey: notional interest deduction • For information: Zeki Kurtcu (Istanbul): zkurtcu@deloitte.com 3. India: Minimum Alternate Tax (MAT) demands on foreign institutional investors (FIIs) • For information: N.C. Hegde (Mumbai): nhegde@DELOITTE.com 4. South Africa: Place of Effective Management (POEM) • For a copy of the draft guidance, www.deloitte.com/ap/dbriefs/bytes • For information: Louise Vosloo (Johannesburg): lvosloo@deloitte.co.za • For information on India: N.C. Hegde (Mumbai): nhegde@DELOITTE.com 5. VAT • For a copy of the updated Singapore GST guidance on funds, www.deloitte.com/ap/dbriefs/bytes • For information on: – The UK: Donna Huggard (London): dohuggard@deloitte.co.uk – The Netherlands: Rogier Vanhorick (Rotterdam): RVanhorick@deloitte.nl – Belgium: Piet Vandendriessche (Brussels): pvandendriessche@deloitte.com – Luxembourg: Cedric Tussiot (Luxembourg): ctussiot@deloitte.lu – The EU MOSS: Rogier Vanhorick (Rotterdam): RVanhorick@deloitte.nl – Singapore: Richard Mackender (Singapore): rimackender@deloitte.com 6. In brief 6.1 Australia: Managed Investment Trusts • For a copy of our Tax Alert, www.deloitte.com/ap/dbriefs/bytes • For information: David Watkins (Sydney): dwatkins@deloitte.com.au 6.2 India: Income Computation and Disclosure Standards • For a copy of our Tax Alert, www.deloitte.com/ap/dbriefs/bytes • For information: N. C. Hegde (Mumbai): nhegde@DELOITTE.com 6.3 Budgets: Mauritius and Namibia • For a copy of our Tax Alerts on the two Budgets, www.deloitte.com/ap/dbriefs/bytes for Mauritius, and www.deloitte.com/ap/dbriefs/bytes for Namibia • For information on Mauritius: Twaleb Butonkee (Ebène): tbutonkee@DELOITTE.COM , and on Namibia: Gerda Brand (Windhoek): gbrand@deloitte.co.za 6.4 Denmark: crowd funding • For a copy of the guidance (in Danish), www.deloitte.com/ap/dbriefs/bytes • For information: Soeren Reinhold Andersen (Copenhagen): soeandersen@deloitte.dk
