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Asia Tax Forum 2015 - Agenda


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Agenda, Day 1 - May 6

8.00 Registration and breakfast

8.30 Chairman's opening remarks

Ralph Cunningham, Managing Editor, International Tax Review

8.40 HOT TOPICS IN ASIA PACIFIC TAXATION: What will make a difference to your transactions in 2015 and 2016

  • New and updated tax treaties: What has changed? What is new? Where are the planning opportunities? 
  • M&A tax planning ideas in 2015/2016
  • Latest rulings on permanent establishment in Asia Pacific
  • Tax efficient investment in smaller and growing economies, eg Myanmar, Vietnam
  • The approach of Asia Pacific governments to BEPS and the risks for taxpayers
  • Impact of FATCA on banks and funds in Asia Pacific
  • Maximising tax incentives in Asia's developing economies
  • ASEAN: Utilising free flow of goods and services in 2015

Veerinderjeet Singh, Partner, Taxand Malaysia
Balaji Balasubramanian,
Regional Tax Manager, Standard Chartered
Sumeet Hemkar,
Partner, BMR & Associates, Taxand India

9.55 Tea and coffee

10.25 THE ASIAN IN-HOUSE TAX DEPARTMENT: The new demands and how you can manage them successfully

  • Asia's growing tax complexity and its impact on the development of the in-house tax function
  • Outsourcing tax management vs doing it in-house: the pros and cons in 2015. All or nothing?
  • The Asian model of accountants as tax managers, supplemented by external advisers. Is this model sustainable? How can its efficiency and effectiveness be enhanced?
  • What you can do to ensure external advisers deliver what you need
  • How to use the latest developments in tax processes and technology to make your in-house tasks easier
  • Tax transparency: How in-house teams can deal with the impact of the Common Reporting Standard, FATCA and other reporting requirements

Ralph Cunningham, Managing Editor, International Tax Review
Morrie Cheng,
Head of Tax, Asia, Sun Life Financial
Sunny Choong,
Senior Tax Advisor, Wholesale Bank Tax, Standard Chartered Bank
Subhankar Sinha, Head of Tax - Cluster South Asia, Siemens India

11.25 INDIRECT TAXES: What taxpayers should know about
the evolution of new systems

  • Asia-Pacific indirect tax update: What's new in the region?
  • e-Filing in Singapore: benefits and challenges
  • The shift to from residence-based to source-based taxation
  • Taxing e-commerce and intangibles (Amazon, Bitcoin, Uber)
  • Using technology to streamline taxpaying
  • GST: the Malaysian experience
  • Changes to Australia's goods and services tax

Lachlan Wolfers, Partner, Indirect Tax, KPMG (moderator)
Tony Chan,
Regional Tax Manager, NS BlueScope
Morrie Cheng,
Head of Tax, Asia, Sun Life Financial
Sarah Ng,
Area Tax Controller, JAPAC, AbbVie
Gurdeep Randhay,
Head of Tax, Malaysia and ASEAN, Intel

12.40 Lunch

13.40 Keynote address: A new step forward to mitigate TP risks - a (global) ISO certification

Dr. K. Olsen,
Global Tax Practitioner, ISO Quality Auditor & Tax Professor, Dr. K. Olsen Global Tax Consultants

14.00 BEPS: What has been, what is to come and its impact on business in Asia 

  • What has been decided already and what is left to be resolved: What will it mean for Asia
  • Plans for a new multilateral treaty instrument
  • Learning from first movers: Japan, Australia, China, India
  • Will BEPS improve cross-border taxation?

Christopher Xing, China Country Leader, International Tax, KPMG 
Umang Daiya,
Tax Director, KPMG India  

Vinod Kalloe, Head of International Tax Policy, KPMG Meijburg & Co

15.15 Tea and coffee

15.45 DISPUTE RESOLUTION & ANTI-AVOIDANCE: How taxpayers should manage disputes in 2015 and the new anti-avoidance provisions they should know about

  • New anti-avoidance rules around Asia and how they affect tax planning
  • Effective dispute resolution techniques in action
  • MAP and competent authority: Successes, failures and lessons
  • BEPS proposals for dispute resolution: Can they work?
  • Dispute resolution and GAAR in China

Kwong Wing Leon, Partner, Taxand Singapore
Randall Fox,
Transfer Pricing and APA specialist, World Bank Group
Permana Adi Saputra,
Partner, Taxand Indonesia
Kriti Velji,
Principal Advisor (Transfer Pricing), Inland Revenue Department, New Zealand

17.00 TRANSFER PRICING: National rules in Asia and the impact they are having on profit allocation

  • Update on rules and requirements for documentation: How taxpayers can comply
  • Current issues in transfer pricing litigation
  • Competent authority and transfer pricing: How is it working in Asia in 2015?Experiences of bilateral APAs
  • Australia and New Zealand's new transfer pricing rules
  • Singapore's new transfer pricing rules
  • Tax-effective supply chain management in Asia in 2015
  • Intercompany loans and the varying credit risks of subsidiaries and affiliates

Michael Nixon, Transfer Pricing Consultant, Baker & McKenzie
Ben Henton
, Head of Transfer Pricing, DBS Bank
Brian Jesinkey, Director of Tax, Americas and Asia Pacific, Lenovo
Peter Tan,
Senior Tax Consultant, Baker & McKenzie
Kriti Velji,
Principal Advisor, Transfer Pricing, Inland Revenue Department, New Zealand

18.10 Chairman's summary of Day 1

18.15 Networking drinks reception

Agenda, Day 2 - May 7

8.00 Registration and breakfast

8.35 Chairman's opening remarks

Ralph Cunningham,
Managing Editor, International Tax Review

8.40 Keynote address

Randall Fox,
Transfer Pricing & APA Specialist, World Bank Group
How to manage controversy in developing markets: a World Bank Group perspective

9.00 INDIA: The 2015 budget; and how the government is changing tax enforcement to make the country more attractive

  • February 2015 Budget
  • The Shome Commission's effect on tax administration reform
  • GST: What is in the legislation?  
  • GST: How companies can determine if they owe tax to the centre or the state
  • Significant rulings from the tribunals and the courts: Vodafone & Microsoft
  • The challenges for taxing intangibles in India
  • Ideas for new legislation
  • Determining permanent establishment liabilities in India
  • Will DRP reform improve dispute resolution?

Vishal Gada, Partner, Dhruva Advisors (moderator)
Ritesh Kanodia,
Partner, Dhruva Advisors
Abhishek Shah,
Global Tax and Trade, Caterpillar Asia
Poonam Khaira Sidhu,
Commissioner of Income Tax, Joint Secretary of Indian Revenue Service, Government of India

10.15 Tea and coffee

10.45 CHINA: How its efforts to create a world-class tax
system will affect international corporations

  • New corporate income tax treatments for M&A transactions
  • China's progress on BEPS & ending cross-border tax avoidance
  • What to know about audits in China
  • The use of Free Trade Zones for structuring investments
  • VAT rollout: progress in 2014 & 2015
  • Outbound Chinese companies: how shifting from net importer to exporter impacts the SAT's audit outlook
  • SAT Order No. 32: Changes to China's GAAR scheme
  • The New Indirect Transfer Regulation

Joanne Su, Partner, EY (moderator)
Lorraine Cheung,
Partner, China Tax and Business Advisory Services, EY
Jocelyn Lam,
Executive Director, Goldman Sachs
Linus Liu,
Tax Manager, IBM China

12.00 Lunch

13.00 BEPS AND TRANSFER PRICING: What could change about how the arm's length principle is enforced globally

  • Action 8 - Intangibles
  • Action 9 - Risks and capital
  • Action 10 - Low value-adding services; other high-risk transactions
  • Action 13 - Country-by-country reporting and documentation requirements

Suchint Majmudar, Partner, Taxand India (moderator)
Polly Mak,
Tax Director, Michelin
Amit Rana,
Vice President - Tax, GE India
Tim Wach, Managing Director, Taxand Global

14.15 Tea and coffee

14.45 Korea: Recent Developments in Korean Taxation

  • Notable tax law amendments affecting foreign invested companies and foreign individuals
  • Recent developments regarding beneficial ownership in Korea: Korean Supreme Court Decisions
  • Transfer Pricing trends: Recent tax appeal cases involving cost sharing and guarantee fees
  • Recent tax audit trends

John Kwak, Partner, Lee & Ko
Tea Heun (Daniel) Kim,
Director of Transfer Pricing, Lee & Ko 
Ji Young Park,
CPA, Lee & Ko
Sung Hyun Ryoo,
Partner, Lee & Ko

16.00 TAX AUDITS TRENDS AND DEVELOPMENTS: How taxpayers can achieve optimum results

  • Overview of the audit environment in developing countries
  • Adopting a strategic approach in managing audits and controversies – pitfalls and considerations
  • New era of increased transparency and how to respond 
  • Mutual Agreement Procedures in Asia – current trends and success stories

Eugene Lim, Principal, Baker & McKenzie (moderator)
Amit Bhalla,
Vice President Tax & Customs, APAC, Schneider Electric
Jason Liang,
Tax Associate, Wong & Partners
Michael Palumbo,
Director of Tax, Western Hemisphere, Baker Hughes
Chun Ying Ng
, Associate, Baker & McKenzie 

17.45 End of conference


Baker & McKenzie       Brewer Morris

Dhruva    Dr. K. Olsen Global Tax Consultants   


            Thomson Reuters


 Capital Markets Tax Committee of Asia  

International Correspondents