Summary: 1. Motorola case • Delhi Income Tax Appellate Tribunal • "Excessive" advertising, marketing, and promotional (AMP) expenditure • "Transaction-by-transaction" approach vs. "Combined" approach • For information: Anis Chakravarty (Mumbai): anchakravarty@deloitte.com Rakesh Alshi (Mumbai): ralshi@deloitte.com 2. Japanese cases • Honda Motor Company: transfer pricing • Denso Corporation: CFC rules • For information: Jun Takahara (Tokyo): jun.takahara@tohmatsu.co.jp 3. China • Bulletin 49: VAT exemption on exported services • Bulletin 50: business tax treatment of bond trading by financial institutions • Bulletin 54: tax authorities to notify taxpayers of "special tax adjustment" risks • To obtain a copy of Bulletins 49, 50, and 54 (Chinese language) - Bulletin 49: visit www.deloitte.com/ap/dbriefs/bytes - Bulletin 50: visit www.deloitte.com/ap/dbriefs/bytes - Bulletin 54: visit www.deloitte.com/ap/dbriefs/bytes • SAT investigation of dividend withholding tax avoidance • Shanghai Pilot Free Trade Zone: customs non-compliance voluntary disclosure. To obtain a copy of our Tax Newsflash: visit www.deloitte.com/ap/dbriefs/bytes • For information: Vicky Wang (Shanghai): vicwang@deloitte.com.cn Ye Hong (Shanghai): hoyeqinli@qinlilawfirm.com 4. In brief • Malaysia: rulings on non-resident fund management company. To obtain a copy of the two rulings - Public Ruling No. 2/2014: visit www.deloitte.com/ap/dbriefs/bytes - Public Ruling No. 6/2014: visit www.deloitte.com/ap/dbriefs/bytes - For information: Tan Hooi Beng (Kuala Lumpur): hooitan@deloitte.com • India: new guidelines for selection of cases for transfer pricing audit. To obtain a copy of the new guidelines, visit www.deloitte.com/ap/dbriefs/bytes • Australia: repeal of tax loss carryback rules - For information: David Watkins (Sydney): dwatkins@deloitte.com.au • Inversions: Standard & Poor's report on credit ratings of inverted companies. To obtain a copy of the report, visit www.deloitte.com/ap/dbriefs/bytes; and to obtain a copy of the press release, visit www.deloitte.com/ap/dbriefs/bytes • BEPS: 7 OECD reports, press briefing, and technical webcast: all on 16 September 2014; U.S. Dbriefs webcast on 17 September 2014. For details, visit www.deloitte.com/ap/dbriefs/bepscentral
