1. OECD / G20: BEPS and other tax projects

• G20 Finance Ministers meeting

- "Welcome the significant progress"

- To access all of the tax documents from the G20 meeting: visit www.deloitte.com/ap/dbriefs/bytes

• Tension points

• Secondary BEPS agenda

• Next steps

2. UN

• Conference: "Tax Base Protection for Developing Countries"

- To obtain copies of the conference papers: visit www.deloitte.com/ap/dbriefs/bytes

• Tax Experts Committee meeting

- To obtain a copy of the draft agenda: visit www.deloitte.com/ap/dbriefs/bytes

3. Cases

• India: CGI

- Karnataka High Court

- "Royalty" definition

- "Cost sharing agreement" in regard to intranet portal

• India: Kothari Food and Fragrances

- Lucknow Income Tax Appellate Tribunal

- Exporter gives discounts for advance and early payments

- Subject to interest withholding tax?

• For information:

N.C. Hegde (Mumbai): [email protected]

K.R. Sekar (Bangalore): [email protected]

4. China's views on BEPS

• SAT conference on 24 September 2014

• For information:

Vicky Wang (Shanghai): [email protected]

Ye Hong (Shanghai): [email protected]

Julie Zhang (Beijing): [email protected]

5. In brief

• Treaties

- Japan / Sweden protocol: entry into force

- Singapore / Czech Republic protocol: entry into force

- India / Bhutan treaty: entry into force

- New Zealand / Canada: protocol signed

• Philippines: bill for corporate tax rate changes

• Thailand: corporate tax rate

• New Zealand: election promise

• Inversions

- To obtain a copy of Notice 2014-52: visit www.deloitte.com/ap/dbriefs/bytes

- To obtain a copy of our Tax Alert: visit www.deloitte.com/ap/dbriefs/bytes

• Switzerland: tax reform

- To obtain a copy of our Tax Alert: visit www.deloitte.com/ap/dbriefs/bytes