Summary: 1. BEPS: China's new TP documentation rules (00:45) 1.1 Introduction (01:03) 1.2 CbC reporting (02:01) 1.3 Local file (04:42) 1.4 Master file (07:45) 1.5 Special issue file (08:34) 1.6 Other points (09:16) • For a copy of the Deloitte tax alert on Bulletin 42, visit www.deloitte.com/ap/dbriefs/bytescentral and the unofficial English translation of Bulletin 42, visit www.deloitte.com/ap/dbriefs/bytescentral • For information: Eunice Kuo (Shanghai) : eunicekuo@deloitte.com.cn 2. BEPS Action 4: group ratio rule (11:19) 2.1 Introduction (11:44) 2.2 Calculation of net third party interest expense (14:49) 2.3 Definition of group-EBITDA (19:51) 2.4 Impact of losses (25:14) 2.5 Concluding comments (27:31) • For a copy of the discussion draft: "Elements of the Design and Operation of the Group Ratio Rule", visit www.deloitte.com/ap/dbriefs/bytescentral 3. BEPS: other news (31:51) 4. Asia Pacific (30:24) • India, New Zealand, Singapore, Taiwan • For a copy of the New Zealand consultation document on simplifying investment tax administration, visit www.deloitte.com/ap/dbriefs/bytescentral, and for a copy of Singapore tax authorities' guidance on application of GAAR provision, visit www.deloitte.com/ap/dbriefs/bytescentral 5. Europe (32:45) • European Court of Justice, EU, Ireland • For a copy of the ECJ's decision on withholding tax on interest derived by an Irish financial institution in Portugal, visit www.deloitte.com/ap/dbriefs/bytescentral, for a copy of EC's press release on investigation against French and Belgian corporate tax exemptions to ports, visit www.deloitte.com/ap/dbriefs/bytescentral, and for copy of the Irish tax authorities' guidance on obligations to exchange information on tax rulings, visit www.deloitte.com/ap/dbriefs/bytescentral 6. Africa (34:31) • South Africa 7. Americas (35:07) • U.S. 8. Treaties (36:00) • Cyprus / Jersey, India / Kenya, Czech Republic / Kazakhstan
