Summary: 1. BEPS • “Country-by-country” reporting and transfer pricing documentation: OECD publishes all comments • OECD regional consultations: Asia Pacific and Latin America / Caribbean • U.S.: “correcting extreme views”, “completely off the wall” • U.S. tax reform proposals: BEPS fingerprints • IMF and UN consultations • Israel's VAT and Italy's Google Tax • Dbriefs: BEPS Central - www.deloitte.com/ap/dbriefs/bepscentral 2. China • Circular 13: export VAT refunds for Chinese export companies - For information: Vicky Wang (Shanghai): vicwang@deloitte.com.cn Ye Hong (Shanghai): hoye@deloitte.com.cn • China / Taiwan double tax arrangement: negotiations - For information: Vicky Wang (Shanghai): vicwang@deloitte.com.cn Ye Hong (Shanghai): hoye@deloitte.com.cn Cheli Liaw (Taipei): cheliliaw@deloitte.com.tw 3. India • Sanofi “indirect share transfer” appeal: decision expected on 1 April 2014 • Changes to India’s model investment protection agreement (in response to Vodafone case?) - For information: K.R. Sekar (Bangalore): krsekar@deloitte.com 4. Cases • Singapore – AQQ: GAAR (section 33) - For information: Daniel Ho (Singapore): danho@deloitte.com • Spain: withholding tax on embedded royalty - For information: Brian Leonard (Madrid): bleonard@deloitte.es 5. In brief • Treaties enter into force - Laos / Luxembourg - Laos / Belarus - Sri Lanka / Belarus • OECD discussion draft on transfer pricing comparable data and developing countries - To obtain a copy of the document, please visit www.deloitte.com/ap/dbriefs/bytes • Indonesia: export duties on mineral concentrates - For information: Nazly Siregar (Jakarta): nsiregar@deloitte.com • Bitcoins: guidance in UK and Japan - For information: Tom Downing (Birmingham): tdowning@deloitte.co.uk Jun Takahara (Tokyo): jun.takahara@tohmatsu.co.jp • Australia – Article 10: “holds directly... voting power” - For information: David Watkins (Sydney): dwatkins@deloitte.com.au
