Summary: 1. BEPS: news (00:38) 1.1 Multilateral instrument (00:51) • For a copy of the request document, visit www.deloitte.com/ap/dbriefs/bytescentral 1.2 India's equalization levy starts operation (02:44) • For information: Sunil Shah (Mumbai) : sunilshah@deloitte.com 2. UK: Secondary adjustments (03:34) • For a copy of the consultation document, visit www.deloitte.com/ap/dbriefs/bytescentral • For information: John Henshall (London) : jhenshall@deloitte.co.uk 3. BEPS: Likely impact on business models: Disregarded payment made by a hybrid (08:54) 3.1 D/NI mismatch (09:36) 3.2 Example 1: hybrid entity (11:50) 3.3 Example 2: PE (15:12) 3.4 Dual inclusion income (19:42) 3.5 BEPS Report: domestic law recommendations (25:28) 3.6 Other points (26:29) 4. Asia Pacific (27:46) • Bangladesh, Hong Kong, India, Japan, New Zealand, Vietnam – For a copy of our Tax Alerts regarding Hong Kong's legislation on intragroup financing, visit www.deloitte.com/ap/dbriefs/bytescentral and visit www.deloitte.com/ap/dbriefs/bytescentral, for a copy of Hong Kong's guidance regarding the profits tax exemption for offshore funds, visit www.deloitte.com/ap/dbriefs/bytescentral, and a copy of our Tax Alert regarding New Zealand's GST on inbound digital supplies, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Europe (30:28) • EU, Finland, UK – For a copy of the draft report of the European Parliament's TAXE II committee, visit www.deloitte.com/ap/dbriefs/bytescentral 6. Africa (31:26) • Malawi, Nigeria 7. Americas (32:20) • Brazil, Canada – For a copy of our Tax Alert regarding Brazil's consultation on "substantial economic activities", visit www.deloitte.com/ap/dbriefs/bytescentral 8. Treaties (33:34) • Azerbaijan / San Marino, Cyprus / Latvia, Ethiopia / Korea, France / Singapore 9. Jeff VanderWolk (33:53)
