Summary: 1. Panama Papers (00:38) 2. U.S.: Corporate inversions and earnings stripping (05:37) • For a copy of the report on Anti-Inversion Guidance Treasury Releases Temporary and Proposed Regulations, visit www.deloitte.com/ap/dbriefs/bytescentral, for a copy of the report on Proposed Regulations Addressing Treatment of Certain Interests in Corporations as Stock or Indebtedness, visit www.deloitte.com/ap/dbriefs/bytescentral 3. BEPS: news (07:44) 3.1 Action 6: Pension funds (07:56) • For a copy of the public comments, visit www.deloitte.com/ap/dbriefs/bytescentral 3.2 CbC (08:29) 3.3 Indonesia: foreign internet service providers (08:57) • For a copy of the Circular Letter (in Indonesian), visit www.deloitte.com/ap/dbriefs/bytescentral 4. BEPS: Likely impact on business models: Cost contribution arrangements (09:46) 4.1 Example A: "Dumb cash box" (10:35) 4.2 Example B: "Smart cash box" (17:09) 4.3 Example C: CCA participant (22:23) 4.4 CCAs vs. cost sharing (25:57) 5. Asia Pacific (32:28) • Australia, China, India, Japan, New Zealand 6. Europe (34:28) • Belgium, EU, Finland, Georgia, Italy, Russia, Spain, UK • For a copy of the EU VAT Action Plan, visit www.deloitte.com/ap/dbriefs/bytescentral, our Tax Alert on the Italian guidance, visit www.deloitte.com/ap/dbriefs/bytescentral 7. Africa (35:59) • Algeria, Nigeria 8. Americas (36:33) • Mexico, Puerto Rico, U.S. • For a copy of the IRS 2015 report on APAs and MAP, visit www.deloitte.com/ap/dbriefs/bytescentral, IRS Chief Counsel Advice on the use of the relative value of risk-weighted assets, visit www.deloitte.com/ap/dbriefs/bytescentral, report "The President's Framework for Business Tax Reform: An Update", visit www.deloitte.com/ap/dbriefs/bytescentral 9. Treaties (37:36) • Bahrain / China, Chile / Uruguay, Georgia / Korea, Ivory Coast / Morocco, Jordan / UAE, Morocco / Slovenia
