Summary: 1. BEPS: news (00:37) 1.1 Action 6: Treaty entitlement of non-CIV funds (00:51) • For a copy of the discussion draft, visit www.deloitte.com/ap/dbriefs/bytescentral 1.2 Action 1: India's equalization levy (03:59) • For a copy of the committee's report, visit www.deloitte.com/ap/dbriefs/bytescentral • For information: Sunil Shah (Mumbai) : sunilshah@deloitte.com 2. BEPS: 2016 U.S. model treaty: Headquarters company (19:56) 2.1 Introduction (20:21) 2.2 Condition (a): primary place of management and control (25:47) 2.3 Condition (b): active trade or business / "10% of gross income" minimum (31:13) 2.4 Condition (c): single country limitation (38:27) 2.5 Condition (d): country S gross income limitation (40:45) 2.6 Condition (e): ordinary income tax rules (41:22) 2.7 Condition (f): base erosion test (42:53) 2.8 Dividends and interest (49:39) 3. Asia Pacific (51:33) • Australia, China, India, Japan, New Zealand, Philippines, Singapore, Sri Lanka • For a copy of our Tax Alert on Circular 36 and a copy of our Tax Alert on the Singapore Budget, visit www.deloitte.com/ap/dbriefs/bytescentral 4. Europe (53:46) • Denmark, Estonia, ECJ, EU, Germany, Moldova, Netherlands, Norway, Switzerland, Turkey, UK 5. Africa (55:25) • Mauritania, Morocco, South Africa 6. Middle East and Central Asia (55:43) • Kuwait 7. Americas (56:00) • Argentina, Brazil, Canada, Colombia, Puerto Rico, U.S. • For a copy of our Tax Alert on the Canadian Budget, the Walmart case decision, U.S. final regulations (T.D. 9759) and (T.D. 9760), visit www.deloitte.com/ap/dbriefs/bytescentral 8. Treaties (56:58) • Bosnia and Herzegovina / Poland, Botswana / Malawi, China / Indonesia, Czech Republic / Turkmenistan, France / Switzerland, India / Indonesia, Philippines / Turkey
