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): [email protected]

Rakesh Alshi (Mumbai): [email protected]

2. Japanese cases

• Honda Motor Company: transfer pricing

• Denso Corporation: CFC rules

• For information:

Jun Takahara (Tokyo): [email protected]

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): [email protected]

Ye Hong (Shanghai): [email protected]

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): [email protected]

• 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): [email protected]

• 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