Summary: 1. 2015, so far 1.1 Non-BEPS • Cases • VAT on inbound digital supplies • China • UK's Diverted Profits Tax and Australia's Multinational Anti-Avoidance Law • India • EU 1.2 BEPS • Significant developments on most of the 15 Actions 2. BEPS: current developments 2.1 BEPS Actions 8-10: Discussion Draft on "hard to value" intangibles • For a copy of the discussion draft, visit www.deloitte.com/ap/dbriefs/bytes 2.2 BEPS Actions 6 and 7: Commentary vs. treaty changes 2.3 BEPS Action 8: CCAs • To access the public comments, visit www.deloitte.com/ap/dbriefs/bytes 2.4 If you can't beat them, join them: patent boxes in the U.S. 3. Australia 3.1 Pharmaceutical industry 3.2 Investment manager rules • For a copy our Tax Alert, visit www.deloitte.com/ap/dbriefs/bytes • For information: David Watkins (Sydney): dwatkins@deloitte.com.au 4. In brief 4.1 Treaties 4.2 India's MAP cases • For information: Anis Chakravarty (Mumbai):anchakravarty@deloitte.com 4.3 China • For a copy of Bulletin 40 (in Chinese), visit www.deloitte.com/ap/dbriefs/bytes • For information: Vicky Wang (Shanghai): vicwang@deloitte.com.cnor Ye Hong (Shanghai):hoye@deloitte.com.cn
