Summary: 1. BEPS: news (00:39) 1.1 Country-by-Country Reporting: U.S. (00:52) • For information: Gretchen Sierra (Washington, D.C.) : gretchensierra@deloitte.com • For a copy of the draft regulations, visit www.deloitte.com/ap/dbriefs/bytescentral 1.2 Country-by-Country Reporting: other countries (03:48) 1.3 Australia (04:24) • For information: David Watkins (Sydney) : dwatkins@deloitte.com.au • For a copy of the MAAL guidance, visit www.deloitte.com/ap/dbriefs/bytescentral, CbC guidance, visit www.deloitte.com/ap/dbriefs/bytescentral and our Tax Alert on the transparency report, visit www.deloitte.com/ap/dbriefs/bytescentral 1.4 UK: Hybrid mismatch arrangements (05:22) • For information: Bill Dodwell (London) : bdodwell@deloitte.co.uk • For a copy of the examples regarding UK anti-hybrid mismatch rules, visit www.deloitte.com/ap/dbriefs/bytescentral 1.5 Actions 8-10: start date (05:54) 2. BEPS: Likely impact on business models (07:02) • This week: PE aspects of toll manufacturing 2.1 Example 1: Toll manufacturing, with no additional factors (07:37) 2.2 Example 2: Toll manufacturing, with several additional factors (16:22) 2.3 Example 2: First additional factor (17:38) 2.4 Example 2: Second additional factor (23:14) 2.5 Example 2: Third additional factor (24:51) 2.6 Example 2: Summary of conclusions (27:33) 3. Cases (28:49) 3.1 Australia: Tech Mahindra (28:57) • For information: David Watkins (Sydney) : dwatkins@deloitte.com.au 3.2 Indian cases: Excessive AMP expenditure (35:42) • For information: Anis Chakravarty (Mumbai) : anchakravarty@deloitte.com • For a copy of the Whirlpool AMP case, visit www.deloitte.com/ap/dbriefs/bytescentral, the Honda case, visit www.deloitte.com/ap/dbriefs/bytescentral, the B&L case, visit www.deloitte.com/ap/dbriefs/bytescentral, the Maruti case, visit www.deloitte.com/ap/dbriefs/bytescentral 4. Asia Pacific (38:17) 4.1 India: POEM (38:26) • For information: N.C. Hegde (Mumbai) : nhegde@deloitte.com • For a copy of the POEM draft guidance, visit www.deloitte.com/ap/dbriefs/bytescentral 4.2 China (42:21) • For information: Vicky Wang (Shanghai) : vicwang@deloitte.com.cn and Ye Hong (Shanghai) : hoye@deloitte.com.cn • For a copy of the 2014 APA report, visit www.deloitte.com/ap/dbriefs/bytescentral, and our Tax Alert on this topic, visit www.deloitte.com/ap/dbriefs/bytescentral 4.3 In brief (45:33) • Australia, China, Hong Kong, India, Malaysia, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, Taiwan, Thailand 5. Europe (46:08) • Austria, Belarus, Cyprus, ECJ, EU, Italy, Poland, Russia, Switzerland, Turkey 6. Africa (46:43) • Ghana, Madagascar, South Africa 7. Middle East & Central Asia (47:02) • Israel, Kazakhstan, Oman, Saudi Arabia 8. Americas (47:21) • Argentina, Brazil, Colombia, Mexico, Nicaragua, Panama, Peru, U.S. • For a copy of our Tax Alert regarding foreign exchange control restrictions (Argentina), visit www.deloitte.com/ap/dbriefs/bytescentral • For a copy of our Tax Alerts regarding ICMS tax base on software reduced and Netherlands holding company regime re-included on grey list (Brazil), visit www.deloitte.com/ap/dbriefs/bytescentral and visit www.deloitte.com/ap/dbriefs/bytescentral • For a copy of the two NYSBA reports, visit www.deloitte.com/ap/dbriefs/bytescentral and visit www.deloitte.com/ap/dbriefs/bytescentral 9. Treaties (47:53) 9.1 Japan / Germany: LOB article (48:01) 9.2 Treaty developments (50:30) • For a copy of the English translation of the April 2015 protocol to the China / Hong Kong double tax arrangement, visit www.deloitte.com/ap/dbriefs/bytescentral
