1. Cases

• China: indirect share transfer case (Qidong)

- For information:

Vicky Wang (Shanghai): [email protected]

Ye Hong (Shanghai): [email protected]

• India: Copal revisited

- Contrast between indirect share transfer rules of China and India

2. India

• New committee on retrospective indirect share transfer cases

• For information:

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

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

• To obtain a copy of the order which established the committee, visit www.deloitte.com/ap/dbriefs/bytes

3. BEPS

• G20 International Tax Symposium (May 2014): report

• "Dutch banks and tax avoidance": research paper (Profunda)

• "Global tax avoidance and its effects on Australia's economic prosperity": Mark Konza (Australian Taxation Office)

• Draft guidance on transfer pricing documentation: Singapore tax authorities

• To obtain a copy of the above 4 documents, visit http://www.deloitte.com/ap/dbriefs/bepscentral

4. In brief

• Treaties: India / Colombia and Indonesia / Papua New Guinea treaties enter into force

• Shanghai Pilot Free Trade Zone

- For information:

Vicky Wang (Shanghai): [email protected]

Ye Hong (Shanghai): [email protected]

• Japan: second stage increase in consumption tax rate

- For information:

Jun Takahara (Tokyo): [email protected]

• Australia: repeal of minerals resource rent tax

- For information:

David Watkins (Sydney): [email protected]

• New Zealand: updated guidance on transfer pricing aspects of loans

- For information:

Teresa Farac (Auckland): [email protected]

- To obtain a copy of the guidance, visit www.deloitte.com/ap/dbriefs/bytes

• OECD: 2014 edition of model treaty and commentary