Dbriefs Mobile

Over the past decade, special purpose acquisition companies (SPACs) have gained popularity in the global markets. The year 2020 has been the year of SPAC with a record fund raise of around US$83 billion and more than 50 percent of the listing transactions in the United States having been executed through SPACs. In the first few months of 2021, the momentum of fund raising in US through SPAC has increased multi-folds with European region also raising funds through SPAC. Asia Pacific has recently witnessed its first SPAC getting close to fruition in the recent times. This has garnered a lot of interest in the business and the investor community, eliciting several questions from them on various aspects related to SPAC. In near future, it is expected that Asia Pacific will also catch on to SPAC fund raising wave soon. Learn about the SPAC listing, tax consequence and other key aspects to prepare for what's next.(Live presentation was aired on 27 May 2021)

Since the reintroduction of the Sales Tax and Service Tax regime in Malaysia, there has been considerable confusion and uncertainty in its scope and application. The confusion has largely arisen due to the frequent amendments to the Law and the guidance released by the authority that have served to expand and redefine the scope of the tax whilst providing limited exemptions. In this session, we will attempt to deconstruct some of the more critical changes and developments. Stay ahead on the Malaysia Sales Tax and Service Tax developments to better prepare your business for the future.(Live presentation was aired on 20 May 2021)

Australia has some unique rules relating to GST on financial supplies which should be considered during the investment structuring process. We will also look at the latest issues in Australian stamp duty including the New South Wales Property Tax proposal as well as the latest Australian customs issues including opportunities to optimize customs duty costs, an overview of recent tariff classification court decisions as well as an overview of the opportunity/benefits that are available to Australian Trusted Traders. Learn about GST considerations for inbound investors into Australia, and updates on stamp duty/property taxes and customs issues and its impact on your business.(Live presentation was aired on 11 May 2021)

In December 2020, the OECD published "Guidance on transfer pricing under COVID-19" (Guidance on the Transfer Pricing Implications of the COVID-19 pandemic). This guidance focuses on how the arm's length principle and the OECD Transfer Pricing Guidelines apply to issues that may arise in the context of COVID-19. Our Southeast Asia (SEA) Partners will discuss how the tax authorities in SEA may treat COVID-19 related costs and losses and may view the recommendations on comparability by the OECD. We will be using case studies to demonstrate how the different tax authorities in SEA will react to a common set of issues arising in SEA. Moreover, the different SEA jurisdictions have seen significant changes in their regulations in the second half of 2020. In this session, we will provide an update on the changing regulatory environment in SEA.(Live presentation was aired on 6 May 2021)

The Government of India has been consistently focusing on fiscal reforms to drive the "Make in India" campaign. Recently, Production Linked Incentive (PLI) schemes have been being instituted by the Federal Government which provide incentives to organizations undertaking manufacturing activities in India and is applicable to both domestic sales and to exports from India. The PLI schemes are sector focused and currently cover 13 different sectors. These schemes can be availed in parallel with state incentives as well as corporate tax concessions emerging from legal entity structuring. The early rounds of PLI notifications had significant patronage which has encouraged the government to explore extending it to additional sectors beyond the 13. Join our Deloitte specialists and stay updated on the PLI schemes. (Live presentation was aired on 29 April 2021)

The Chinese tax authorities have launched the e-special VAT invoice pilot program on all newly registered VAT payers in China. While the timeline for rolling out this pilot to the existing enterprises is yet to be seen, it is generally expected that this pilot may be rolled out in phases in 2021. The implementation of e-special VAT invoice would bring significant impact on the operations of VAT special invoices in terms of issuance, usage, management, and archiving. This would affect all taxpayers in all industries in China. (Live presentation was aired on 8 April 2021)

The tax environment is changing rapidly with tax authorities once again becoming more focused on tax disputes post all the government relief provided because of Covid-19. Join us in part 3 of our 3 part Tax Controversy series, we review the administrative and practical approach of the tax authorities to controversy and disputes in the region.(Live presentation was aired on 7 April 2021)

The tax environment is changing rapidly with tax authorities once again becoming more focused on tax disputes post all the government relief provided because of Covid-19. Join us in part 2 of our 3 part Tax Controversy series, we review some of the key tax cases in the region from 2020 dealing with transfer pricing and how the tax authorities utilize transfer pricing in tax disputes.(Live presentation was aired on 25 March 2021)

The sixth version of the EU Directive on administrative cooperation (DAC 6) has implemented new mandatory disclosure rules for EU intermediaries and taxpayers in relation to certain arrangements. Reporting has been live in Austria, Finland, and Germany since 1 July 2020. The remaining EU member states started reporting from January 2021. Are you already in compliance with these requirements? What preparations should your organization have in place to ensure compliance? Learn more about these new rules in the different EU Member States and the UK and the pragmatic steps to ensuring compliance.(Live presentation was aired on 23 March 2021)

The Financial Secretary for the Hong Kong Special Administrative Region (HKSAR), Mr. Paul Chan, delivered his fifth annual budget on Wednesday, 24 February 2021. As an international financial center, the HKSAR Government has recently been rolling out a number of tax initiatives with a view to strengthening Hong Kong's competitiveness as a regional fund/asset management hub, which include the "unified" funds tax exemption regime and the carried interest tax exemption regime. Stay up to date on Hong Kong SAR Budget 2021/2022 to better prepare your business for the future.(Live presentation was aired on 18 March 2021)