Summary: 1. BEPS: news (00:38) 1.1 U.S. JCT Report on BEPS (00:51) • For a copy of the JCT report, visit www.deloitte.com/ap/dbriefs/bytescentral 1.2 U.S. Congressional Hearings on BEPS and EU State Aid (05:20) • For Senate Committee on Finance: International Tax: OECD BEPS & EU State Aid hearing testimonies, visit www.deloitte.com/ap/dbriefs/bytescentral, for House Ways and means Committee: Hearing on the OECD Base Erosion and Profit Shifting (BEPS) Project testimonies, visit www.deloitte.com/ap/dbriefs/bytescentral 2. BEPS: Likely impact on business models (07:14) • This week: centralised purchasing or procurement, using a buy / sell model 2.1 Example A (08:47) 2.2 Example B (12:53) 2.3 Other issues (24:42) 3. Asia Pacific (25:17) • China, India, Indonesia, Korea 4. Europe (25:45) • Austria, Belgium, EU, France, Hungary, Italy, Latvia, Luxembourg, Poland, UK 5. Africa (26:23) • Algeria, Kenya, Nigeria, Senegal, Tunisia, Zimbabwe 6. Middle East & Central Asia (26:46) • Kazakhstan, Saudi Arabia, Uzbekistan 7. Americas (27:07) • Brazil, Colombia, Costa Rica, Honduras, Jamaica, Puerto Rico 8. Treaties & Other (27:28) 8.1 Treaty developments (27:36) • Bulgaria / Norway, Hungary / Iran, Japan / Taiwan, Japan / Qatar, Japan / Vietnam 8.2 UK changes its interpretation of residence definition in 16 treaties (28:07) 8.3 Sugar taxes (31:11)
