Dbriefs Bytes

1. BEPS (00:44) 1.1 Action 4 (00:57) • To obtain a copy of the updated implementation guidance on CbC reporting, visit www.deloitte.com/ap/dbriefs/bytescentral 1.2 CbC (02:34) 1.3 MLI / MLC (04:05) • To obtain a copy of Australia's consultation paper on the Multilateral Convention, visit www.deloitte.com/ap/dbriefs/bytescentral 1.4 Exchange of rulings (05:25) 2. Protocol to India / Singapore treaty (06:05) 3. Cases (09:40) 3.1 Canada: 2 "rectification" cases (09:58) • To obtain a copy of the JC Group decision, visit www.deloitte.com/ap/dbriefs/bytescentral, and the Fairmont Hotels decision, visit www.deloitte.com/ap/dbriefs/bytescentral 3.2 ECJ: Spanish goodwill cases – State Aid (13:01) • To obtain a copy of this decision, visit www.deloitte.com/ap/dbriefs/bytescentral, and our Tax Alert on the case, visit www.deloitte.com/ap/dbriefs/bytescentral 3.3 ECJ: Aer Lingus and Ryanair – State Aid (16:19) • To obtain a copy of this decision, visit www.deloitte.com/ap/dbriefs/bytescentral 3.4 ECJ: Masco Denmark and Damixa case – Freedom of Establishment (19:28) • To obtain a copy of this decision, visit www.deloitte.com/ap/dbriefs/bytescentral 4. Asia Pacific (22:39) • Australia, China, Hong Kong, India, Singapore, Taiwan • For a copy of • Australia's draft ruling in regard to "override royalty payments", visit www.deloitte.com/ap/dbriefs/bytescentral • Australia's draft ruling in regard to the application of the new GST rules on inbound services and digital supplies, visit www.deloitte.com/ap/dbriefs/bytescentral • Tax Alert on Circular 140 and Bulletin 86 regarding changes to China's VAT rule draft explanatory notes for Finance Bill 2017, visit www.deloitte.com/ap/dbriefs/bytescentral • China's APA report 2015, visit www.deloitte.com/ap/dbriefs/bytescentral • Hong Kong's updated guidance in regard to the tax treatment of court-free amalgamations, visit www.deloitte.com/ap/dbriefs/bytescentral, and our Tax Alert on this topic, visit www.deloitte.com/ap/dbriefs/bytescentral • India's Q&A document on the operation of the indirect share transfer provision, section 9(1)(i), visit www.deloitte.com/ap/dbriefs/bytescentral • India's Q&A document in regard to the Direct Tax Dispute Resolution Scheme, visit www.deloitte.com/ap/dbriefs/bytescentral • Singapore's guidance on the application of GST to the logistics service industry, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Europe (30:48) • EU, France, Germany, Italy, Russia • For a copy of • European Commission's 3 VAT consultation questionnaires, visit www.deloitte.com/ap/dbriefs/bytescentral, visit www.deloitte.com/ap/dbriefs/bytescentral, and, visit www.deloitte.com/ap/dbriefs/bytescentral • Proposed amendment to the EU VAT Directive, visit www.deloitte.com/ap/dbriefs/bytescentral • European Commission's 2 transfer pricing studies, visit www.deloitte.com/ap/dbriefs/bytescentral, and visit www.deloitte.com/ap/dbriefs/bytescentral • European Commission’s full, but redacted, decision in regard to the Apple State Aid case, visit www.deloitte.com/ap/dbriefs/bytescentral • Our Tax Alert on France's Amending Finance Bill 2016 and Finance Bill 2017, visit www.deloitte.com/ap/dbriefs/bytescentral • Our Tax Alert on Germany's draft provision in regard to the deductibility of related party, cross-border royalty payments, visit www.deloitte.com/ap/dbriefs/bytescentral • Our Tax Alert on Italy's Budget law for 2017, visit www.deloitte.com/ap/dbriefs/bytescentral • Our Tax Alert on Russia's new VAT rules on B2C inbound digital services, visit www.deloitte.com/ap/dbriefs/bytescentral 6. Africa (40:37) • South Africa, Zimbabwe • For a copy of South Africa's 2016 Taxation Laws Amendment Bill, visit www.deloitte.com/ap/dbriefs/bytescentral, and Explanatory Memorandum, visit www.deloitte.com/ap/dbriefs/bytescentral 7. Middle East & Central Asia (42:33) • Israel 8. Americas (43:40) • Argentina, Brazil, U.S. • For a copy of • Our Tax Alert in regard to Brazil's guidance on the "grey list" status of Aust

1. BEPS (00:44) 1.1 Action 4 (00:57) • To obtain a copy of the updated implementation guidance on CbC reporting, visit www.deloitte.com/ap/dbriefs/bytescentral 1.2 CbC (02:34) 1.3 MLI / MLC (04:05) • To obtain a copy of Australia's consultation paper on the Multilateral Convention, visit www.deloitte.com/ap/dbriefs/bytescentral 1.4 Exchange of rulings (05:25) 2. Protocol to India / Singapore treaty (06:05) 3. Cases (09:40) 3.1 Canada: 2 "rectification" cases (09:58) • To obtain a copy of the JC Group decision, visit www.deloitte.com/ap/dbriefs/bytescentral, and the Fairmont Hotels decision, visit www.deloitte.com/ap/dbriefs/bytescentral 3.2 ECJ: Spanish goodwill cases – State Aid (13:01) • To obtain a copy of this decision, visit www.deloitte.com/ap/dbriefs/bytescentral, and our Tax Alert on the case, visit www.deloitte.com/ap/dbriefs/bytescentral 3.3 ECJ: Aer Lingus and Ryanair – State Aid (16:19) • To obtain a copy of this decision, visit www.deloitte.com/ap/dbriefs/bytescentral 3.4 ECJ: Masco Denmark and Damixa case – Freedom of Establishment (19:28) • To obtain a copy of this decision, visit www.deloitte.com/ap/dbriefs/bytescentral 4. Asia Pacific (22:39) • Australia, China, Hong Kong, India, Singapore, Taiwan • For a copy of • Australia's draft ruling in regard to "override royalty payments", visit www.deloitte.com/ap/dbriefs/bytescentral • Australia's draft ruling in regard to the application of the new GST rules on inbound services and digital supplies, visit www.deloitte.com/ap/dbriefs/bytescentral • Tax Alert on Circular 140 and Bulletin 86 regarding changes to China's VAT rule draft explanatory notes for Finance Bill 2017, visit www.deloitte.com/ap/dbriefs/bytescentral • China's APA report 2015, visit www.deloitte.com/ap/dbriefs/bytescentral • Hong Kong's updated guidance in regard to the tax treatment of court-free amalgamations, visit www.deloitte.com/ap/dbriefs/bytescentral, and our Tax Alert on this topic, visit www.deloitte.com/ap/dbriefs/bytescentral • India's Q&A document on the operation of the indirect share transfer provision, section 9(1)(i), visit www.deloitte.com/ap/dbriefs/bytescentral • India's Q&A document in regard to the Direct Tax Dispute Resolution Scheme, visit www.deloitte.com/ap/dbriefs/bytescentral • Singapore's guidance on the application of GST to the logistics service industry, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Europe (30:48) • EU, France, Germany, Italy, Russia • For a copy of • European Commission's 3 VAT consultation questionnaires, visit www.deloitte.com/ap/dbriefs/bytescentral, visit www.deloitte.com/ap/dbriefs/bytescentral, and, visit www.deloitte.com/ap/dbriefs/bytescentral • Proposed amendment to the EU VAT Directive, visit www.deloitte.com/ap/dbriefs/bytescentral • European Commission's 2 transfer pricing studies, visit www.deloitte.com/ap/dbriefs/bytescentral, and visit www.deloitte.com/ap/dbriefs/bytescentral • European Commission’s full, but redacted, decision in regard to the Apple State Aid case, visit www.deloitte.com/ap/dbriefs/bytescentral • Our Tax Alert on France's Amending Finance Bill 2016 and Finance Bill 2017, visit www.deloitte.com/ap/dbriefs/bytescentral • Our Tax Alert on Germany's draft provision in regard to the deductibility of related party, cross-border royalty payments, visit www.deloitte.com/ap/dbriefs/bytescentral • Our Tax Alert on Italy's Budget law for 2017, visit www.deloitte.com/ap/dbriefs/bytescentral • Our Tax Alert on Russia's new VAT rules on B2C inbound digital services, visit www.deloitte.com/ap/dbriefs/bytescentral 6. Africa (40:37) • South Africa, Zimbabwe • For a copy of South Africa's 2016 Taxation Laws Amendment Bill, visit www.deloitte.com/ap/dbriefs/bytescentral, and Explanatory Memorandum, visit www.deloitte.com/ap/dbriefs/bytescentral 7. Middle East & Central Asia (42:33) • Israel 8. Americas (43:40) • Argentina, Brazil, U.S. • For a copy of • Our Tax Alert in regard to Brazil's guidance on the "grey list" status of Aust

1. BEPS (00:35) 1.1 CbC (00:48) • To obtain a copy of the updated implementation guidance on CbC reporting, visit www.deloitte.com/ap/dbriefs/bytescentral 1.2 EU: hybrid mismatches (04:14) 1.3 New Zealand: DPT & MAAL (06:43) • To obtain a copy of the New Zealand Cabinet paper, visit www.deloitte.com/ap/dbriefs/bytescentral 2. Cases (07:45) 2.1 Finland: Mobile game developer (07:58) 2.2 India: Formula One World Championship (17:46) 3. Asia Pacific (28:49) • Australia, Japan, Taiwan • For a copy of Australia's discussion paper on the application of the new GST rules concerning "electronic distribution platforms", visit www.deloitte.com/ap/dbriefs/bytescentral. For a copy of Australia's Corporate Tax Transparency Report for 2014-15, visit www.deloitte.com/ap/dbriefs/bytescentral. For a copy of Japan's Outline of the 2017 Tax Reform Proposals (in Japanese), visit www.deloitte.com/ap/dbriefs/bytescentral 4. Europe (33:03) • Spain, UK • For a copy of our Tax Alert on Spain's restrictive limitations imposed on carry forward of tax losses, visit www.deloitte.com/ap/dbriefs/bytescentral. For a copy of the UK's draft provisions for Finance Bill 2017, visit www.deloitte.com/ap/dbriefs/bytescentral, draft explanatory notes for Finance Bill 2017, visit www.deloitte.com/ap/dbriefs/bytescentral, draft guidance on hybrid mismatches, visit www.deloitte.com/ap/dbriefs/bytescentral, consultation on the reform of the substantial shareholding exemption, visit www.deloitte.com/ap/dbriefs/bytescentral, consultation on the scope of VAT grouping, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Americas (35:28) • Brazil, Peru, U.S. • For a copy of - Our Tax Alert regarding Brazil's Normative Ruling 1,674/2016, visit www.deloitte.com/ap/dbriefs/bytescentral - Temporary and proposed regulations addressing covered asset acquisitions under section 901(m), and our Tax Alert on the topic, visit www.deloitte.com/ap/dbriefs/bytescentral, visit www.deloitte.com/ap/dbriefs/bytescentral, and visit www.deloitte.com/ap/dbriefs/bytescentral - Notice 2016-73 and our Tax Alert on the topic, visit www.deloitte.com/ap/dbriefs/bytescentral, and visit www.deloitte.com/ap/dbriefs/bytescentral - Our Tax Alert regarding the final, temporary and proposed regulations concerning "qualified business units", subject to section 987, visit www.deloitte.com/ap/dbriefs/bytescentral - Notice 2016-76, visit www.deloitte.com/ap/dbriefs/bytescentral - Final regulations concerning the issue price of tax-exempt bonds, visit www.deloitte.com/ap/dbriefs/bytescentral - Final regulations concerning reporting requirements for foreign-owned domestic disregarded entities, visit www.deloitte.com/ap/dbriefs/bytescentral - Draft Form 8975 and Schedule A, visit www.deloitte.com/ap/dbriefs/bytescentral, and visit www.deloitte.com/ap/dbriefs/bytescentral - GOP Tax Plan, visit www.deloitte.com/ap/dbriefs/bytescentral 6. Treaties (43:20) • Australia / Germany, Azerbaijan / Israel, Bosnia & Herzegovina / Romania, Canada / Madagascar, China / Pakistan, Ecuador / Italy, Georgia / Korea, Hong Kong / Romania, Korea / Turkmenistan, Luxembourg / Tunisia, Romania / UAE 7. 12 Days of Christmas (43:43) • To obtain a copy of "A Taxing Review of the Twelve Days of Christmas", visit www.deloitte.com/ap/dbriefs/bytescentral

1. BEPS (00:35) 1.1 CbC (00:48) • To obtain a copy of the updated implementation guidance on CbC reporting, visit www.deloitte.com/ap/dbriefs/bytescentral 1.2 EU: hybrid mismatches (04:14) 1.3 New Zealand: DPT & MAAL (06:43) • To obtain a copy of the New Zealand Cabinet paper, visit www.deloitte.com/ap/dbriefs/bytescentral 2. Cases (07:45) 2.1 Finland: Mobile game developer (07:58) 2.2 India: Formula One World Championship (17:46) 3. Asia Pacific (28:49) • Australia, Japan, Taiwan • For a copy of Australia's discussion paper on the application of the new GST rules concerning "electronic distribution platforms", visit www.deloitte.com/ap/dbriefs/bytescentral. For a copy of Australia's Corporate Tax Transparency Report for 2014-15, visit www.deloitte.com/ap/dbriefs/bytescentral. For a copy of Japan's Outline of the 2017 Tax Reform Proposals (in Japanese), visit www.deloitte.com/ap/dbriefs/bytescentral 4. Europe (33:03) • Spain, UK • For a copy of our Tax Alert on Spain's restrictive limitations imposed on carry forward of tax losses, visit www.deloitte.com/ap/dbriefs/bytescentral. For a copy of the UK's draft provisions for Finance Bill 2017, visit www.deloitte.com/ap/dbriefs/bytescentral, draft explanatory notes for Finance Bill 2017, visit www.deloitte.com/ap/dbriefs/bytescentral, draft guidance on hybrid mismatches, visit www.deloitte.com/ap/dbriefs/bytescentral, consultation on the reform of the substantial shareholding exemption, visit www.deloitte.com/ap/dbriefs/bytescentral, consultation on the scope of VAT grouping, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Americas (35:28) • Brazil, Peru, U.S. • For a copy of - Our Tax Alert regarding Brazil's Normative Ruling 1,674/2016, visit www.deloitte.com/ap/dbriefs/bytescentral - Temporary and proposed regulations addressing covered asset acquisitions under section 901(m), and our Tax Alert on the topic, visit www.deloitte.com/ap/dbriefs/bytescentral, visit www.deloitte.com/ap/dbriefs/bytescentral, and visit www.deloitte.com/ap/dbriefs/bytescentral - Notice 2016-73 and our Tax Alert on the topic, visit www.deloitte.com/ap/dbriefs/bytescentral, and visit www.deloitte.com/ap/dbriefs/bytescentral - Our Tax Alert regarding the final, temporary and proposed regulations concerning "qualified business units", subject to section 987, visit www.deloitte.com/ap/dbriefs/bytescentral - Notice 2016-76, visit www.deloitte.com/ap/dbriefs/bytescentral - Final regulations concerning the issue price of tax-exempt bonds, visit www.deloitte.com/ap/dbriefs/bytescentral - Final regulations concerning reporting requirements for foreign-owned domestic disregarded entities, visit www.deloitte.com/ap/dbriefs/bytescentral - Draft Form 8975 and Schedule A, visit www.deloitte.com/ap/dbriefs/bytescentral, and visit www.deloitte.com/ap/dbriefs/bytescentral - GOP Tax Plan, visit www.deloitte.com/ap/dbriefs/bytescentral 6. Treaties (43:20) • Australia / Germany, Azerbaijan / Israel, Bosnia & Herzegovina / Romania, Canada / Madagascar, China / Pakistan, Ecuador / Italy, Georgia / Korea, Hong Kong / Romania, Korea / Turkmenistan, Luxembourg / Tunisia, Romania / UAE 7. 12 Days of Christmas (43:43) • To obtain a copy of "A Taxing Review of the Twelve Days of Christmas", visit www.deloitte.com/ap/dbriefs/bytescentral

1. BEPS: MLC (00:41) 1.1 Explanatory Statement, but downgraded Commentary? (01:02) 1.2 2016 U.S. Model Treaty: irrelevant? (13:48) 1.3 Operation & structure (15:43) 1.4 Proposed bilateral treaty changes: minimum standards (27:50) 1.5 U.S. treaties: LOB (32:01) 1.6 Proposed bilateral treaty changes: other (35:01) 1.7 Mandatory binding arbitration (40:21) 1.8 Next steps (40:21) • To obtain a copy of our Tax Alert on the MLC, visit www.deloitte.com/ap/dbriefs/bytescentral 2. BEPS: other news (44:17) 2.1 Australia: diverted profits tax (44:25) • To obtain a copy of the exposure draft legislation, visit www.deloitte.com/ap/dbriefs/bytescentral. For a copy the draft explanatory memorandum, visit www.deloitte.com/ap/dbriefs/bytescentral and our Tax Alert on this topic, visit www.deloitte.com/ap/dbriefs/bytescentral 2.2 OECD Tax Talks Webcast (45:49) • To register for the webcast, visit www.deloitte.com/ap/dbriefs/bytescentral 3. Europe (46:09) • EU • For a copy of the documents released by the European Commission concerning VAT on e-commerce transaction, visit www.deloitte.com/ap/dbriefs/bytescentral 4. Americas (47:14) • U.S. • For a copy of our the WTO report, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Treaties (48:12) • Austria / Israel, Hungary / Turkmenistan, Korea / Serbia, Liechtenstein / Iceland, Liechtenstein / Switzerland, Singapore / Russia, St. Kitts & Nevis / UAE

1. BEPS: MLC (00:41) 1.1 Explanatory Statement, but downgraded Commentary? (01:02) 1.2 2016 U.S. Model Treaty: irrelevant? (13:48) 1.3 Operation & structure (15:43) 1.4 Proposed bilateral treaty changes: minimum standards (27:50) 1.5 U.S. treaties: LOB (32:01) 1.6 Proposed bilateral treaty changes: other (35:01) 1.7 Mandatory binding arbitration (40:21) 1.8 Next steps (40:21) • To obtain a copy of our Tax Alert on the MLC, visit www.deloitte.com/ap/dbriefs/bytescentral 2. BEPS: other news (44:17) 2.1 Australia: diverted profits tax (44:25) • To obtain a copy of the exposure draft legislation, visit www.deloitte.com/ap/dbriefs/bytescentral. For a copy the draft explanatory memorandum, visit www.deloitte.com/ap/dbriefs/bytescentral and our Tax Alert on this topic, visit www.deloitte.com/ap/dbriefs/bytescentral 2.2 OECD Tax Talks Webcast (45:49) • To register for the webcast, visit www.deloitte.com/ap/dbriefs/bytescentral 3. Europe (46:09) • EU • For a copy of the documents released by the European Commission concerning VAT on e-commerce transaction, visit www.deloitte.com/ap/dbriefs/bytescentral 4. Americas (47:14) • U.S. • For a copy of our the WTO report, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Treaties (48:12) • Austria / Israel, Hungary / Turkmenistan, Korea / Serbia, Liechtenstein / Iceland, Liechtenstein / Switzerland, Singapore / Russia, St. Kitts & Nevis / UAE

1. BEPS (00:38) 1.1 CbC (00:50) 1.2 France: diverted profits tax / MAAL? (02:52) 1.3 MLI (or MLC?) (04:43) • To obtain a copy of the MLC and its accompanying Explanatory Statement, visit www.deloitte.com/ap/dbriefs/bytescentral 2. New India / Cyprus treaty: capital gains exemption (13:16) • Australia, China, Maldives, Sri Lanka • To obtain a copy of the new India / Cyprus treaty, visit www.deloitte.com/ap/dbriefs/bytescentral 3. Asia Pacific (18:44) • India, Japan, Vietnam • For a copy of India's announcement regarding the resolution of 108 MAP cases with the U.S., India's announcement regarding its total number of signed APAs and the signing of 3 APAs with the UK, Tax Alert regarding the Vietnamese guidance on Foreign Contractor Withholding Tax (FCWT) rates for outbound royalty payments for licences of trademarks, visit www.deloitte.com/ap/dbriefs/bytescentral 4. Europe (22:42) • Belgium, Estonia, Hungary, Sweden, UK • For a copy of our Tax Alert regarding Belgium's "fairness tax" breaching the EU parent-subsidiary directive, Sweden's consultation document on the introduction of a Financial Activities Tax (in Swedish), our Tax Alert on the UK's Autumn Statement, UK's guidance on the operation of GAAR, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Treaties (29:09) • Andorra / Liechtenstein, Armenia / Serbia, Cyprus / India, Ethiopia / Morocco, Germany / Macedonia (FYR), Korea / Serbia, Madagascar / Morocco, Oman / Switzerland, UK / Uruguay

1. BEPS (00:38) 1.1 CbC (00:50) 1.2 France: diverted profits tax / MAAL? (02:52) 1.3 MLI (or MLC?) (04:43) • To obtain a copy of the MLC and its accompanying Explanatory Statement, visit www.deloitte.com/ap/dbriefs/bytescentral 2. New India / Cyprus treaty: capital gains exemption (13:16) • Australia, China, Maldives, Sri Lanka • To obtain a copy of the new India / Cyprus treaty, visit www.deloitte.com/ap/dbriefs/bytescentral 3. Asia Pacific (18:44) • India, Japan, Vietnam • For a copy of India's announcement regarding the resolution of 108 MAP cases with the U.S., India's announcement regarding its total number of signed APAs and the signing of 3 APAs with the UK, Tax Alert regarding the Vietnamese guidance on Foreign Contractor Withholding Tax (FCWT) rates for outbound royalty payments for licences of trademarks, visit www.deloitte.com/ap/dbriefs/bytescentral 4. Europe (22:42) • Belgium, Estonia, Hungary, Sweden, UK • For a copy of our Tax Alert regarding Belgium's "fairness tax" breaching the EU parent-subsidiary directive, Sweden's consultation document on the introduction of a Financial Activities Tax (in Swedish), our Tax Alert on the UK's Autumn Statement, UK's guidance on the operation of GAAR, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Treaties (29:09) • Andorra / Liechtenstein, Armenia / Serbia, Cyprus / India, Ethiopia / Morocco, Germany / Macedonia (FYR), Korea / Serbia, Madagascar / Morocco, Oman / Switzerland, UK / Uruguay

1. BEPS (00:38) 1.1 CbC (00:51) 1.2 France: diverted profits tax / MAAL? (02:52) 1.3 EU: Action 12 (03:35) • To obtain a copy of EU's consultation document on possible EU action on advisors and intermediaries who facilitate tax evasion and tax avoidance, visit www.deloitte.com/ap/dbriefs/bytescentral 1.4 Malaysia: inbound digital services (04:59) 1.5 India: inbound digital services (08:59) 1.6 Other BEPS news (11:06) • To obtain a copy of our Tax Alert regarding India levying a 15% service tax on certain inbound digital services, visit www.deloitte.com/ap/dbriefs/bytescentral and, for a copy of the OECD's discussion paper, "Distinguishing between 'normal' and 'excess' returns for tax policy" visit www.deloitte.com/ap/dbriefs/bytescentral 2. Asia Pacific (12:07) • Australia, China, Maldives, Sri Lanka 3. Europe (16:42) • Austria, Denmark, EU, France, Russia, Sweden, UK • To obtain a copy of our Austria's consultation document on draft amendments in regard to the Reorganization Tax Act (in German) (240 pages), visit www.deloitte.com/ap/dbriefs/bytescentral. For a copy of Denmark's ruling on the tax treatment of a transfer of place of effective management (POEM) of a Danish company, from Denmark to Spain (in Danish) , visit www.deloitte.com/ap/dbriefs/bytescentral. For a copy of the France's updated guidance on the "most favoured nation" (MFN) provisions (in French), visit www.deloitte.com/ap/dbriefs/bytescentral, and UK's updated guidance in regard to their APA program, visit www.deloitte.com/ap/dbriefs/bytescentral 4. Americas (22:56) • Brazil • For a copy of Normative Ruling NR 1,669 / 16 providing guidance on the MAP procedure under Brazil's treaties, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Treaties (23:36) • Cyprus / Latvia, Ecuador / Russia, Estonia / Vietnam, Finland / Sri Lanka, Laos / Singapore

1. BEPS (00:38) 1.1 CbC (00:51) 1.2 France: diverted profits tax / MAAL? (02:52) 1.3 EU: Action 12 (03:35) • To obtain a copy of EU's consultation document on possible EU action on advisors and intermediaries who facilitate tax evasion and tax avoidance, visit www.deloitte.com/ap/dbriefs/bytescentral 1.4 Malaysia: inbound digital services (04:59) 1.5 India: inbound digital services (08:59) 1.6 Other BEPS news (11:06) • To obtain a copy of our Tax Alert regarding India levying a 15% service tax on certain inbound digital services, visit www.deloitte.com/ap/dbriefs/bytescentral and, for a copy of the OECD's discussion paper, "Distinguishing between 'normal' and 'excess' returns for tax policy" visit www.deloitte.com/ap/dbriefs/bytescentral 2. Asia Pacific (12:07) • Australia, China, Maldives, Sri Lanka 3. Europe (16:42) • Austria, Denmark, EU, France, Russia, Sweden, UK • To obtain a copy of our Austria's consultation document on draft amendments in regard to the Reorganization Tax Act (in German) (240 pages), visit www.deloitte.com/ap/dbriefs/bytescentral. For a copy of Denmark's ruling on the tax treatment of a transfer of place of effective management (POEM) of a Danish company, from Denmark to Spain (in Danish) , visit www.deloitte.com/ap/dbriefs/bytescentral. For a copy of the France's updated guidance on the "most favoured nation" (MFN) provisions (in French), visit www.deloitte.com/ap/dbriefs/bytescentral, and UK's updated guidance in regard to their APA program, visit www.deloitte.com/ap/dbriefs/bytescentral 4. Americas (22:56) • Brazil • For a copy of Normative Ruling NR 1,669 / 16 providing guidance on the MAP procedure under Brazil's treaties, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Treaties (23:36) • Cyprus / Latvia, Ecuador / Russia, Estonia / Vietnam, Finland / Sri Lanka, Laos / Singapore

1. President-elect Trump (00:38) 1.1 Trump Tax Plan (00:59) 1.2 BEPS Project (04:23) 1.3 EU State Aid (05:27) 1.4 Other possible tax impacts (06:47) • To obtain a copy of our slide deck from the U.S. Dbriefs webcast regarding the tax impact of the Trump election, visit www.deloitte.com/ap/dbriefs/bytescentral 2. Asia Pacific (08:16) • Australia, China, India, Papua New Guinea, Singapore • For a copy of our Tax Alert regarding Australia's proposal to impose GST on low-value goods, visit www.deloitte.com/ap/dbriefs/bytescentral, for a copy of our Tax Alert on China's Order [2016] No. 230, visit www.deloitte.com/ap/dbriefs/bytescentral, for a copy of our Tax Alert on China's Circular [2016] No. 113, visit www.deloitte.com/ap/dbriefs/bytescentral, for a copy of India's announcement regarding cancellation of the ?500 and ?1000 bank notes, visit www.deloitte.com/ap/dbriefs/bytescentral, for a copy of our Tax Alert on Papua New Guinea's 2017 Budget, visit www.deloitte.com/ap/dbriefs/bytescentral, and for a copy of Singapore's transfer pricing form on related party transaction, visit www.deloitte.com/ap/dbriefs/bytescentral 3. Europe (13:31) • Belarus, Denmark, EU, Sweden 4. Africa (17:59) • South Africa • For a copy of South Africa's notice regarding record-keeping for transfer pricing purposes and our Tax Alert on this topic, visit www.deloitte.com/ap/dbriefs/bytescentral and visit www.deloitte.com/ap/dbriefs/bytescentral 5. Middle East & Central Asia (18:35) • UAE 6. Americas (19:07) • Chile, Panama, Uruguay 7. Treaties (21:07) • Algeria / Mauritania, Argentina / UAE, Chile / China, Ecuador / UAE, Finland / Portugal, Germany / Netherlands, Hungary / Oman, Lesotho / UK

1. President-elect Trump (00:38) 1.1 Trump Tax Plan (00:59) 1.2 BEPS Project (04:23) 1.3 EU State Aid (05:27) 1.4 Other possible tax impacts (06:47) • To obtain a copy of our slide deck from the U.S. Dbriefs webcast regarding the tax impact of the Trump election, visit www.deloitte.com/ap/dbriefs/bytescentral 2. Asia Pacific (08:16) • Australia, China, India, Papua New Guinea, Singapore • For a copy of our Tax Alert regarding Australia's proposal to impose GST on low-value goods, visit www.deloitte.com/ap/dbriefs/bytescentral, for a copy of our Tax Alert on China's Order [2016] No. 230, visit www.deloitte.com/ap/dbriefs/bytescentral, for a copy of our Tax Alert on China's Circular [2016] No. 113, visit www.deloitte.com/ap/dbriefs/bytescentral, for a copy of India's announcement regarding cancellation of the ?500 and ?1000 bank notes, visit www.deloitte.com/ap/dbriefs/bytescentral, for a copy of our Tax Alert on Papua New Guinea's 2017 Budget, visit www.deloitte.com/ap/dbriefs/bytescentral, and for a copy of Singapore's transfer pricing form on related party transaction, visit www.deloitte.com/ap/dbriefs/bytescentral 3. Europe (13:31) • Belarus, Denmark, EU, Sweden 4. Africa (17:59) • South Africa • For a copy of South Africa's notice regarding record-keeping for transfer pricing purposes and our Tax Alert on this topic, visit www.deloitte.com/ap/dbriefs/bytescentral and visit www.deloitte.com/ap/dbriefs/bytescentral 5. Middle East & Central Asia (18:35) • UAE 6. Americas (19:07) • Chile, Panama, Uruguay 7. Treaties (21:07) • Algeria / Mauritania, Argentina / UAE, Chile / China, Ecuador / UAE, Finland / Portugal, Germany / Netherlands, Hungary / Oman, Lesotho / UK

1. BEPS (00:45) 1.1 Action 14: MAP peer reviews (00:58) 1.2 Action 15: MLI (08:00) • To obtain a copy of the schedule of Stage 1 peer reviews, visit www.deloitte.com/ap/dbriefs/bytescentral, and for a copy of the taxpayer questionnaire, visit www.deloitte.com/ap/dbriefs/bytescentral 2. EU / Canada CETA (09:29) • To access the summary material on the European Commission's website, visit www.deloitte.com/ap/dbriefs/bytescentral 3. Asia Pacific (10:43) • Australia, India, Singapore, Sri Lanka • For a copy of Australia's consultation paper regarding the application of non-resident withholding tax to collective investment vehicles (CIVs) which invest in Australia, visit www.deloitte.com/ap/dbriefs/bytescentral • For a copy of our Tax Alert regarding the Singaporean GBF case, visit www.deloitte.com/ap/dbriefs/bytescentral, and for a copy of Singapore's consultation document regarding whether Singapore corporate law should be amended to allow inward re-domiciliation of companies, visit www.deloitte.com/ap/dbriefs/bytescentral 4. Europe (14:05) • Italy, Portugal, UK • For a copy of UK's Revised Professional Conduct in Relation to Tax, visit www.deloitte.com/ap/dbriefs/bytescentral, and for a copy of the Employment Tribunal's decision regarding Uber, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Africa (16:53) • Liberia, Morocco, South Sudan 6. Americas (18:18) • Canada, U.S. • For a copy of Canada's parliamentary Standing Committee on Finance report: "The Canada Revenue Agency, Tax Avoidance and Tax Evasion: Recommended Actions", visit www.deloitte.com/ap/dbriefs/bytescentral, and for a copy of our Tax Alert on U.S. final regulations and proposed regulations in regard to subpart F, visit www.deloitte.com/ap/dbriefs/bytescentral 7. Treaties (20:10) • Bahrain / Portugal, China / Malaysia, Colombia / UK, Latvia / Switzerland

1. BEPS (00:45) 1.1 Action 14: MAP peer reviews (00:58) 1.2 Action 15: MLI (08:00) • To obtain a copy of the schedule of Stage 1 peer reviews, visit www.deloitte.com/ap/dbriefs/bytescentral, and for a copy of the taxpayer questionnaire, visit www.deloitte.com/ap/dbriefs/bytescentral 2. EU / Canada CETA (09:29) • To access the summary material on the European Commission's website, visit www.deloitte.com/ap/dbriefs/bytescentral 3. Asia Pacific (10:43) • Australia, India, Singapore, Sri Lanka • For a copy of Australia's consultation paper regarding the application of non-resident withholding tax to collective investment vehicles (CIVs) which invest in Australia, visit www.deloitte.com/ap/dbriefs/bytescentral • For a copy of our Tax Alert regarding the Singaporean GBF case, visit www.deloitte.com/ap/dbriefs/bytescentral, and for a copy of Singapore's consultation document regarding whether Singapore corporate law should be amended to allow inward re-domiciliation of companies, visit www.deloitte.com/ap/dbriefs/bytescentral 4. Europe (14:05) • Italy, Portugal, UK • For a copy of UK's Revised Professional Conduct in Relation to Tax, visit www.deloitte.com/ap/dbriefs/bytescentral, and for a copy of the Employment Tribunal's decision regarding Uber, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Africa (16:53) • Liberia, Morocco, South Sudan 6. Americas (18:18) • Canada, U.S. • For a copy of Canada's parliamentary Standing Committee on Finance report: "The Canada Revenue Agency, Tax Avoidance and Tax Evasion: Recommended Actions", visit www.deloitte.com/ap/dbriefs/bytescentral, and for a copy of our Tax Alert on U.S. final regulations and proposed regulations in regard to subpart F, visit www.deloitte.com/ap/dbriefs/bytescentral 7. Treaties (20:10) • Bahrain / Portugal, China / Malaysia, Colombia / UK, Latvia / Switzerland

1. EU: corporate tax reform package (00:43) 1.1 CCTB / CCCTB: 2 stages (01:12) 1.2 CCTB: introduction (02:22) 1.3 CCTB: ATAD (08:04) 1.4 CCCTB: introduction (12:42) 1.5 CCCTB: sales factor (16:39) 1.6 CCCTB: assets factor (16:35) 1.7 CCCTB: labour factor (20:38) 1.8 CCCTB: other issues (21:18) 1.9 Hybrid mismatches (22:31) 1.10 Dispute resolution (23:13) 1.11 Conclusion (26:36) • To obtain a copy of the draft directive on the CCTB, visit www.deloitte.com/ap/dbriefs/bytescentral, a copy of the draft directive on the CCCTB, visit www.deloitte.com/ap/dbriefs/bytescentral, a copy of the draft directive to amend the ATAD in regard to hybrid mismatches, visit www.deloitte.com/ap/dbriefs/bytescentral, and a copy of the draft directive on dispute resolution, visit www.deloitte.com/ap/dbriefs/bytescentral 2. UN (27:12) 3. Asia Pacific (28:56) • Hong Kong, India, Malaysia • For a copy of the Hong Kong's BEPS consultation paper, visit www.deloitte.com/ap/dbriefs/bytescentral, and a copy of our Tax Alert on the Malaysian Budget, visit www.deloitte.com/ap/dbriefs/bytescentral 4. Europe (35:16) • Croatia, Finland, Ireland, Norway, Poland • For a copy of our Tax Alert on Ireland's Finance Bill 2016, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Americas (38:36) • Brazil, Colombia 6. Treaties (40:04) • Brunei / Korea, Czech Republic / Pakistan, Equatorial Guinea / UAE, Germany / Jersey, India / New Zealand, Jordan / Saudi Arabia, Latvia / Qatar, Morocco / Côte d’Ivoire, Morocco / Mali, Poland / Taiwan, Saudi Arabia / Algeria, Saudi Arabia / Ethiopia, Saudi Arabia / Tajikistan, Saudi Arabia / Sweden