ITIC Bulletin
International Tax and Investment Center February 2015
Special Edition
11th Annual Asia-Pacific Tax Forum
1-3 October 2014
Hanoi, Vietnam
Summary Report
by
Hafiz Choudhury, Senior Advisor, ITIC
Overview
The 11th Asia-Pacific Tax Forum,
hosted by the Ministry of Finance
of Vietnam, was held in Hanoi
on 1-3 October 2014. Over 80
delegates from the Asia-Pacific
region, with senior government
officials leading many of the
delegations, participated.
The Forum has been annually organized by ITIC since
2005 to bring together multiple stakeholders in the AsiaPacific region. While the initial focus was on excises,
APTF has gradually taken on a more ambitious technical
agenda, covering a range of indirect taxes, international
direct tax issues (e.g., transfer pricing and the taxation
of services) and natural resources taxation. The Hanoi
meeting took this process further, and featured a technical
program that covered extensive discussion on the Action
Plan on Base Erosion and Profit Shifting (BEPS), VAT/GST
on services, and coordination of tax regimes in regional
economic groupings. Consequently, this report summarizes
the Forum proceedings in a thematic approach, grouping
subjects covered by the appropriate theme.
The Hanoi program reflected the work of the APTF
Steering Committee (comprising of government officials,
academics and ITIC personnel), who work together during
the year to determine an ongoing program of research
topics. The annual meeting is used to report on ongoing
projects, launch new research projects, and function as
an international tax conference. As public sector officials
take a more active involvement in the Forum, the technical
focus has moved towards direct tax issues, fiscal policy in
a more integrated global economy and VAT.
We would like to thank our hosts at the Ministry of Finance
of Vietnam, especially Mr. Nguyen Ba Toan (Deputy
Director-General, International Cooperation Department)
and Ms. Nguyen Thanh Huyen, along with other colleagues
who played an enormous part in organizing the meeting.
2015 Asia-Pacific Tax Forum
The 2015 Asia-Pacific Tax Forum will be held in New
Delhi, India, on 5-7 May 2015. More information on the
2015 meeting is available on ITIC’s website.
Registration for the 2015 APTF meeting will open on
20 February. Please contact Brian Mandel for further
information.
Formal Events and Peer Interaction
The Forum is essentially driven by the needs of the member
countries, and the annual meeting starts with a Public
Sector Roundtable. This roundtable allows public sector
participants to voice their areas of concern and provide
inputs for future research. The roundtable is restricted
to government representatives only, so that government
officials can privately discuss their questions and concerns
on tax policy and administration. It also provides a private
forum for officials to interact with their peers from other
countries and exchange experiences.
ITIC Bulletin ♦ 11th Annual Asia-Pacific Tax Forum
2
Over 80 delegates attended the 11th annual Asia-Pacific Tax Forum in Hanoi.
The roundtable session was chaired by Mr. Nguyen Ba
Toan, Ministry of Finance of Vietnam, and featured a panel
of speakers: (1) U Tet Htet Aung, Director Tax Analysis
and Monitoring, Myanmar and (2) Mr. Rodelio Daschil,
Director General, Senate Tax Study & Research Office,
The Philippines. The session was facilitated by Mr. Hafiz
Choudhury, ITIC Senior Advisor. This session helps ITIC/
APTF form an agreed list of technical issues and agenda
for the coming year, which is then guided by the Steering
Committee.
The main formal event was the
opening ceremony. The keynote
speech was given by The
Honorable Do Hoang Anh Tuan,
Deputy Minister, Ministry of
Finance, Vietnam. The Minister,
in his remarks, highlighted the
progress Vietnam has made in recent
years, and welcomed open dialogue
with taxpayers in managing the tax
system. The Government wished to provide foreign
investors a reasonable tax regime which had to be balanced
with the need for revenues to meet the needs of a growing
population.
Mr. Daniel Witt, ITIC President,
responded to the Minister’s
welcome words, and thanked
him for his hospitality. APTF was
formed in response to the requests
from many Ministries of Finance
for a neutral table for dialogue,
and ITIC will continue to perform
this role as long as it is required.
Representatives from the private
sector were present not only to speak about the needs of their
companies, but also as tax experts who experienced similar
issues from around the world. They were complemented by
the independent academic experts who brought insight on
leading edge issues on global tax issues.
APTF has always emphasized a strong social component,
where delegates have an opportunity to establish new
contacts and reinforce earlier ones among their peers.
Such contacts at both a personal and a professional level
facilitate sharing of ideas and a better understanding of
common challenges and issues. The meeting also provides
an opportunity for delegates to network and build personal
relationships with peers from the public and private sectors.
Participating delegates have repeatedly expressed their
appreciation of the ways they can use the network and
resources for their national tax policy needs. The meeting
program in Hanoi also allowed other opportunities for
delegates to meet privately or in small groups.
Global Tax Policy Issues: Action
Plan for BEPS, Corporate Income
Tax Policy and Fiscal Sovereignty
in the Asia-Pacific Region
Three sessions from the meeting fell within this thematic
group, which focused on initiatives and issues at the level
of global tax policy. Purposefully, these issues did not cover
a specific business or particular country. Instead, the aim
was to highlight issues of global concern in tax policy and
practice, and consider how countries in the region could
address them.
Professor Lee Burns of the University of Sydney, presented
the keynote paper on the first day of the meeting, Current
Issues in Corporate and International Tax in the AsiaPacific Region. Professor Burns first looked at corporate
tax rate trends, the development of comprehensive capital
allowance regimes, and corporate grouping rules in the
ITIC Bulletin ♦ 11th Annual Asia-Pacific Tax Forum
region, including a comparative survey of rates in the AsiaPacific region. He felt that while the globalization of the
world economy (which started to take root in the 1980s)
has changed the very structure of business worldwide,
the tax infrastructure has remained largely the same. Tax,
especially corporate income tax, has remained a key symbol
of national sovereignty, while the competition to attract
foreign investment has, in some cases, raised legitimate
fears of a harmful “race to the bottom.”
The keynote paper covered options for countries to consider
in looking at group relief within the region, tax treatment
of cross-border services and intangibles, measures to
reduce the tax costs of corporate reorganizations, income
characterization (particularly intangibles), and tax arbitrage
within the region.
Mr. Mayoon Boonyarat from Thailand’s Fiscal Policy
Office and Mr. Dang Tuan Hiep, Deputy Director General
of the Vietnam General Department of Taxation, provided
insight in the approach being followed by their countries
on corporate income taxation and their concerns for future
changes.
The corporate tax policy issues session was followed
by a session on the Action Plan on BEPS – Issues and
Challenges for Asia-Pacific Countries. Professor Burns
again delivered the main presentation, which examined the
actual impact in the Asia-Pacific region of the very specific
issues addressed in the BEPS reports, and other global
initiatives, including the Global Forum on Transparency
/FATF and examples of national governments pursuing
extraterritorial initiatives (e.g., US FATCA law and other
similar legislation). Professor Burns outlined the key
concern in many countries: a disconnect between the
location of the economic activity and the location where
profits are earned. This challenges the OECD inspired
international norm that a source country has a right to tax
business profits provided there is a sufficient economic
presence in the country to support the taxing right.
Professor Burns outlined trends in global FD, referring
to his earlier comment that the global tax infrastructure
now lags the needs of the globalized world economy, and
compared this to national tax yields. He also presented
trends in global business, and the impact of this in taxation
structures. He considered the current measures available for
3
managing the growing risks of both harmful tax competition
and weaknesses of national tax systems in coping with the
challenge. He proposed policy approaches for Asia-Pacific
nations to follow, and stressed the need for the interests of
developing countries to be taken into account in developing
responses to such global policy practices.
Speaking as discussant, Mr. Dang Tuan Hiep (Vietnam)
shared the perspective of his country. Vietnam had started
engagement with OECD and some of the G20 nations, and
was conscious of the need to keep these policy requirements
in mind as the country restructured the economy. Mr.
Rajiva Ranjan Singh (India) stressed the need for capacity
building, and the development of cooperation between
developing countries in addressing the challenges in BEPS.
Both discussants agreed that a long-term commitment and
strategy was needed in Asia-Pacific countries to respond to
these global policy initiatives.
The final session on this theme was held on 3 October,
titled Tax Coordination and Fiscal Sovereignty. This
session considered the challenges facing policymakers in
maintaining fiscal sovereignty and the ability to determine
their own domestic policy. The session looked at a wider
set of challenges to national fiscal sovereignty, such as
(1) recommendations on use of the tax system for nonfiscal policy goals; (2) regional trade obligations; and (3)
pressures from special interests and civil society groups.
The goal was to present the mix of choices and trade-offs
faced by policymakers.
Mr. Oliver Salmon from Oxford
Economics made a presentation on
the impact of WHO FCTC Price and
Tax Measures Recommendation,
which could be seen as specific tax
policy recommendations made to
advance non-fiscal goals. Mr. Salmon
presented the work of the study and
made policy recommendations,
drawing on studies and analysis
conducted by ITIC, such as the Asia-11 Illicit Tobacco
Indicator 2012, which focused on the need for nations to
maintain control over their own fiscal policy, designed to
meet their own needs and not to be driven by external goals.
Mr. Hafiz Choudhury then provided a short report on a
new study by ITIC on the impact of “global” tax proposals
(e.g., the so-called “Tobin” tax or for taxing international
transportation, carbon emissions or the arms trade). The
study identified more than 150 “global” tax proposals,
which could be loosely categorized into four areas:
1. Financial sector taxes
2. Digital economy taxes
ITIC Bulletin ♦ 11th Annual Asia-Pacific Tax Forum
3. Environmental levies
4. Miscellaneous taxes on activities (trade, natural
resources, migrants, etc.)
The study concluded that global taxes were still some way
away from implementation, given both the absence of
political will and a global enforcement mechanism. There
was, however, food for thought in some specific areas, such
as taxation of exploitation of the seabed in international
waters and in environmental levies.
4
Tax policy is influenced by a much wider group of
stakeholders rather than a narrow group of tax professionals.
Indeed, almost by definition, final policy decisions are
rarely made by policy professionals. Such decisions are
often affected by considerations outside purely technical
considerations. A panel discussion on Wider Stakeholder
Community in Tax Reforms, moderated by Mr. Daniel
Witt, brought together a wide range of stakeholders in the
tax policy process from outside Ministries of Finance to
give their perspective on how tax policy is viewed.
National Tax Policy: Policy Design,
Stakeholder Engagement and
Drafting into Tax Law
The next thematic group of sessions focused on how
national tax policy could be designed, gain acceptance in
a wider stakeholder community, and then be implemented
in law through drafting. While the global context was
very important, countries need to also balance these with
national revenue raising requirements; broader goals of
economic development; and other national policy goals
in industrial growth, trade policy, healthcare, economic
liberalization, etc.
The policy aspect was covered in the session, Tax Gap
Analysis and the Impact of Policy Measures led by Mr.
Oliver Salmon. Mr. Salmon examined the use of tax gap
studies to measure revenue potential with actual revenues
raised, and the impact of specific policy approaches, such
as earmarking. The paper reviewed the “revenue gap” in
excise taxes and methods of measurement of such gaps,
with a view to closing them. It also utilized data from the
new ITIC/Oxford Economics report on illicit trade in Asia.
The presentation showed how measurement could help
identify the performance of specific policies, and whether
or not specific taxes were achieving their stated purpose.
These policy goals could then be evaluated against both
achievement of stated goals and their actual revenue raising
performance.
Speaking as discussants, Mr. Benjamin Diokno, Professor
of Economics, University of the Philippines (and a former
Secretary of Budget and Management) and Dato’ Khalid
Yusuf, former Director General of Royal Malaysian
Customs, shared their experiences with policy design,
revenue estimation, and actual revenue achieved. The panel
provided an approach to identify effective tax policies,
measure performance, and determine policy changes to
meet current realities.
The panel consisted of:
•
Mr. Rodelio Daschil, who spoke from the
perspective of the legislature;
•
Mr. Geerten Michielse, from the IMF, who spoke
about his experience as a external stakeholder
advising on tax reforms;
•
Dato’ Khalid Yusuf, speaking as a former head of
Malaysia’s tax administration; and
•
Mr. Benjamin Diokno, to speak from the
experience of a cabinet minister with responsibility
for implementing tax policy.
The discussion covered why stakeholder community
engagement was necessary, how such engagement might
take place, and thoughts on how to establish the right group
with whom to engage. Panelists stressed the importance of
communication and the need to establish a framework for
the discussion. It was thought that stakeholder consultation
and the use of fact-based dialogue gave a sound basis to
lasting tax reform.
Policy approaches ultimately need to be translated into
workable legislation to have effect. Good tax systems
depend on accurate and effective tax laws, which need to be
regularly amended to meet changing policy priorities and
economic circumstances. The breakout technical session,
Drafting Tax Legislation, addressed the issue. Mr. Graham
Tubb (New Zealand Inland Revenue Department) and
ITIC Bulletin ♦ 11th Annual Asia-Pacific Tax Forum
Mr. Geerten Michielse jointly led the session; Mr. Tubb
focused on indirect taxation and Mr. Michielse discussed
drafting direct taxation laws.
Mr. Tubb outlined the process for the New Zealand GST
Law (recognized as having the widest tax base in the
OECD), from the White Paper and draft legislation, public
consultation, dealing with opposition to the law, on-going
policy development, engagement with the legislative
drafting team through to enactment. He outlined some
principles of clear drafting and demonstrated how these
could be applied in practice in other countries. Mr. Michielse
gave a brief overview of the fiscal work of IMF, and then
outlined the process of drafting a corporate income tax.
He addressed the issues of accounting treatment, areas of
deviation from general law, specific areas (tax incentives),
special provisions for corporations (intragroup dividends),
reorganizations, limited group taxation and core areas of
concern (base protection, transfer pricing and international
taxation issues).
Issues in Indirect Tax Policy –
Indirect Taxation of Cross-Border
Services, Technical Issues in
Valuation, Regional Coordination
of Excise Policies, and VAT/GST
Given the origins of APTF as an indirect tax meeting, there
is a strong expectation from the member countries that the
annual meeting will cover “leading edge” issues in indirect
taxation. This year’s meeting featured four sessions that
considered issues of interest to the APTF membership,
especially the 10 ASEAN countries.
Global trade in services is growing at a much faster pace than
trade in goods, and the Asia-Pacific region is no exception.
In particular, it is considered that cross-border provision of
services within ASEAN will most likely grow with further
integration of the ASEAN Economic Community.
The breakout technical session, Cross-Border Services and
Potential Issues in AEC was led by Mr. Graham Tubb, and
the panel featured Professor Lee Burns, Mr. Rob Preece,
ITIC Program Advisor and Mr. Sumit DuttMajumder,
former Chairman of CBEC, India.
5
Mr. Tubb outlined the key challenge in cross-border services
– they are often intangible and lead to mismatches and
mixed use of the Origin Principle and Destination Principle
by different jurisdiction. This causes inconsistencies/
distortions and can also result in complex zero rating issues
for exported services. E-commerce creates additional
opportunities for fraud and double non-taxation, and issues
like carousel fraud give rise to further challenges. He
outlined the principles in the OECD VAT Guidelines 2014,
and issues from the BEPS report.
The panel discussed various options coming out of the
current international thinking that would apply to services
within an ASEAN internal market. However, the approach
to tax services in the jurisdiction of consumption, or
residence, of the consumer regardless of any fixed or
permanent establishment of the company in the country of
consumption will require suppliers to register in multiple
foreign jurisdictions. This will significantly increase
compliance costs, and ultimately increase costs of services
to the countries concerned. APTF should consider ways
of enhancing cooperation in looking at indirect taxes for
international services, including digital services, thus
reducing costs and improving compliance.
A separate breakout technical session addressed Common
Valuation Issues and Techniques in Transfer Pricing and
Indirect Taxation. Led by Mr. Hafiz Choudhury, this
panel included Mr. Sumit DuttMajumder and Mr. Johari
Alifiah, Royal Malaysian Customs, and looked at how the
work of direct tax departments in application of transfer
pricing rules and indirect tax authorities in application of
the Customs Valuation Agreement can better coordinate
transactions between related parties.
The discussion started with the context of the global
business models of multinational enterprises and growth
of services in global trade. A globalized supply chain
with centralization of certain functions, assets and risks in
principal entities now leads to estimates that 80% of global
trade is linked to the international production networks of
MNEs. In this context, it is important to understand the
aims of transfer pricing rules versus customs valuation
rules. However, as many developing nations need to
quickly develop expertise in transfer pricing, it is useful to
leverage the experience of Customs in valuation, and also
meet concerns from business about “double obligation” of
having to satisfy both Customs and Tax authorities on the
same issue. The panel outlined areas where the differences
ITIC Bulletin ♦ 11th Annual Asia-Pacific Tax Forum
in approach could be dealt with and how “circumstances
surrounding the sale” under Article 1.2 (a) in relation to the
use of transfer pricing studies under TCCV Commentary
23.1 could be used.
6
Subject-Specific Taxation: Tourism,
Automobiles and Extractive Sector
ITIC has organized a detailed study of tax coordination in
the ASEAN countries within the context of the AEC 2015,
and has produced the ASEAN Excise Tax Resource Manual
that comprises best practice excise rules within AEC. This
landmark document is a key resource for countries in the
region as they move towards greater economic integration.
APTF has seen increased requests for taxation issues on
a single topic to be covered in a holistic way, so that all
tax issues relevant to the subject area could be considered
simultaneously. This would allow participants to see the
interplay of tax issues between one another, and consider
these in the context of other policy drivers (e.g., industrial
development policy, environmental policy, etc.). Three
sessions were designed based on industry-specific subjects
for this meeting.
The plenary session, Report on ASEAN Excise Tax
Study Group, featured the Phase III Report of the Group
presentation and explored how to coordinate the findings
of Phase III as part of the AEC commitment to create a
single production base and single market. Messrs. Rob
Preece, and Leigh Obradovic, and Oliver Salmon and
representatives from ASEAN governments presented the
key recommendations from the Manual, and ways in which
it could be applied in implementation of excise rules in a
coordinated manner within the AEC.
Breakout Technical Session E focused on Automotive
and Environmental Taxation. Taxation of automobiles
is an increasingly complex subject in the Asia-Pacific
region. Special taxes on automobiles have a history of
being revenue raising instruments on “luxury goods” in
the region. However, priorities are moving towards use
of special taxes, registration taxes and circulation taxes to
reflect the desire of governments to reduce CO2 emissions
through improved technologies. These new technologies
would improve fuel efficiency and reduce emissions, and
also encourage greater use of alternate cleaner burning
fuels and cleaner alternate energy sources. Tax policy in
the automotive sector also impacts industrial policy and
technology policy, in addition to environmental policy.
Within the goal of creating a single automotive sector in
the ASEAN region, it also affects trade policy for ASEAN
countries.
One of the key benefits for governments in participating in
APTF is the opportunity to share experience on technical
issues with peers. With the continuing importance of VAT
as the leading indirect tax worldwide, a panel discussion
on GST/VAT Developments in the Asia-Pacific Region
was organized to share country experiences and contrast
various solutions.
The session was moderated by Mr. Wayne Barford,
formerly of the Australian Taxation Office, and included
the following panelists: U Soe Naing (Myanmar), Mr.
Sumit Dutt Majumder (India) and Mr. Graham Tubb
(New Zealand). The panel members were asked to respond
to questions from a prepared list of issues to be considered
in introducing a VAT system. The contrast was between
New Zealand (which has a mature and advanced GST
system), India (which after many long years of discussion,
seems ready to implement a GST) and Myanmar (which is
at the very start of that journey). The discussion showed
a contrast of ongoing challenges and possible solutions;
delegates from the floor added further experiences from a
range of other countries, including Australia, Pakistan and
Thailand.
The automotive sector taxation panel, moderated by
Mr. Rob Preece, featured Mr. Paul Sumner, Head of
the Asia-Pacific Automotive Practice, PWC, and Mr.
Warwick Ryan, KPMG/APTF Program Advisor, along
with representatives from Thailand and Vietnam. The panel
examined the tax base and variations that exist (CIF, exfactory, resale selling price, Open Market Value etc.), and
the application of rates on ad valorem or specific rates or
unit/quantity. Nominal rates versus effective rates of tax,
and possible reforms in excise and special taxes, and other
taxes, in a manner which reflects new priorities, were all
considered by the speakers. They also discussed options for
coordination and/or standardization of tax systems within
ASEAN in a manner that meets the principles of good tax
policy (e.g., equity, efficiency, simplicity and transparency).
ITIC Bulletin ♦ 11th Annual Asia-Pacific Tax Forum
Breakout Technical Session F focused on Transfers of
Interests in Extractive Sector Projects. Mr. Geerten
Michielse considered both the direct and indirect tax issues
relevant to indirect transfers of interest in extractive sector
projects. While indirect transfers are a wider issue than just
in the extractive sector, there are particular challenges in
the oil/gas and mining sectors that merit special attention.
Mr. Michielse started from the premise that the license to
exploit resources was a business asset, and if the direct sale
of business assets is a taxable event, indirect sale of the
same business asset must also be a taxable event to avoid
arbitrage. In the case of sales of shares, the challenge lay
in that international tax principles allocated taxing rights
to the residence state. He explained the explicit “source”
rule usually utilized to solve this problem, and various
alternative approaches to implementing and enforcing the
rule. The discussion then covered the application of the rule
in actual legislation and administration, including ensuring
consistency with the double taxation agreement network of
the country.
Breakout Technical Session C
considered the Design and Impact
of Tourism Related Taxes and Fees.
The APTF Steering Committee
considered that it was important
to look at the full spectrum on
taxes and fees that affect tourism, a
significant component of economic
activity in many Asia-Pacific
countries. The discussion, led by Mr. Leigh Obradovic
considered the impact of such taxes on tourism and how
an efficient regime could be designed to maximize revenue
potential while not creating disincentives for investment in
tourism. The taxes considered covered:
•
Direct taxes on tourism relating to business,
•
Tax incentive regimes covering both direct and
indirect taxes
•
VAT on tourism-related activities
•
Excise taxes
•
The impact of duty free shops.
The discussion also covered other taxes on tourism, such as
room taxes, specific use fees for tourist attractions, general
tourist levies and environmental levies. It was clear that
this was a growing and important area for countries in the
region, and should be examined further in future work of
APTF.
7
Conclusion
The closing session started with a discussion of the “Hanoi
Agenda” for research work over the next year, led by
Mr. Hafiz Choudhury. The final discussions agreed to
include: (1) regular Steering Committee calls and (2)
outreach to other countries in the region, including both
past participants like China and administrations like Hong
Kong and Japan.
“Hanoi Agenda”
The “Hanoi Agenda” agreed to at the end of the meeting
stated:
•
Continue the work of ASEAN Excise Tax Study
Group, to start on Phase IV of the work.
•
ASEAN Excise Tax Reform Manual: utilization
through workshops and training.
•
Consider the urgent needs for capacity-building
and coordination in the Asia-Pacific region, to
meet the requirements coming out of the Action
Plan for BEPS.
•
Conduct further research in the interaction of global
tax rules with trade and investment arrangements.
•
Develop an action plan on how the work of direct
tax departments on transfer pricing rules can be
utilized at the regional level in application of the
Customs Valuation Agreement through TCCV 4.1.
and 23.1.
•
Continue APTF work in the area of GST, especially
in the treatment of cross-border services, including
banking and financial services.
•
Develop a research program on taxation issues in
the hospitality and tourism sector.
•
Enhance the capacity of APTF to support tax
administration reforms and dispute resolution
processes.
•
Initiate a program for private sector participation
in capacity development in tax administration
across the region.
It was also announced that the 12th annual APTF meeting
would be held in New Delhi on 5-7 May 2015. Mr. Rajiva
Ranjan Singh extended an invitation to all delegates to
attend the next APTF meeting in New Delhi.
Mr. Daniel Witt summarized the Hanoi meeting, and
again extended ITIC’s thanks to the Ministry of Finance of
Vietnam for hosting the event.
ITIC Bulletin ♦ 11th Annual Asia-Pacific Tax Forum
8
Delegates Enjoy Opportunities for Fellowship, Informal
Discussions, and Local Entertainment
Asia-Pacific Tax Forum
Featured in Local Media
The 11th annual Asia-Pacific Tax Forum was featured in
multiple media outlets across Vietnam.
Countries Represented
AustraliaPakistan
CambodiaPhilippines
Hong Kong
Singapore
IndiaTaiwan
IndonesiaTaipei
MalaysiaThailand
MyanmarUnited Kingdom
•
Vietnam TV-1 interviewed Daniel Witt and
Professor Lee Burns. The television coverage
(including a video interview with Mr. Witt
and Professor Burns) can be viewed on ITIC’s
Facebook page here. Online coverage is available
here (English translation).
•
Nhan Dan Online featured a news article on the
APTF meeting. To view this article, click here.
•
Vietnam Investment Review interviewed ITIC
President Daniel Witt during his visit in Hanoi.
To read the interview, click here.
New Zealand
Vietnam
United States
ITIC Bulletin ♦ 11th Annual Asia-Pacific Tax Forum
Documents Available on
ITICnet.org
The following documents can be downloaded here:
9
•
11th APTF Annual Meeting by Mr. Hafiz Choudhury
•
Common Valuation Issues and Techniques in
Transfer Pricing and Indirect Taxation by Mr. Johari
Alifiah
•
OECD/G20 Action Plan on BEPS: Issues and
Challenges for Asia-Pacific Countries by Professor
Lee Burns
•
Public Sector Roundtable Presentation by Mr. Hafiz
Choudhury
•
Current Issues in Corporate and International Tax in
the Asia Pacific Region by Professor Lee Burns
•
Tax Gap Analysis and the Impact of Policy Measures
•
ASEAN Economic Community 2015: Tax Design
Principles and the Excise Tax Base by Mr. Leigh
Obradovic
•
ASEAN Auto Excise Regime by Mr. Paul Sumner
•
Drafting Tax Legislation: A Strategy Built on Four
Pillars by Mr. Warwick Ryan
•
Corporate and International Tax in the Asia Pacific
Region by Mr. Mayoon Boonyarat
•
Closing Session by Mr. Hafiz Choudhury
•
Policy Considerations in Excise Tax Design by Mr.
Oliver Salmon
•
Structure of Tourism-Related Taxation and
Incentives in the Philippines by Mr. Norberto
Villanueva
•
ASEAN Economic Community 2015: Resource
Manual-Phase III by Mr. Rob Preece
•
Wider Stakeholder Community in Tax Reforms by
Mr. Rodelio Dascil
•
The Design and Impact of Tourism Related Taxes
and Fees by Mr. Leigh Obradovic
•
Wider Stakeholder Community in Tax Reforms:
Comments by Dr. Benjamin Diokno
•
Drafting Tax Legislation by Mr. Geerten Michielse
•
•
Indirect Sale of Licenses by Non-Residents by Mr.
Geerten Michielse
Australia GST-Zero Rated and Exempt Supplies by
Professor Lee Burns
•
•
Drafting and Implementing the GST: New Zealand’s
Experience by Mr. Graham Tubb
Automotive and Environmental Taxation by Mr.
Warwick Ryan
•
•
Some Aspects of GST on Cross-Border Services:
New Zealand’s Experience by Mr. Graham Tubb
Automobile Taxation Meeting by The Royal Thai
Excise Department
•
GST in India Present Status by Sumit Dutt Majumder
•
Common Valuation Issues in Transfer Pricing and
Customs by Mr. Hafiz Choudhury
•
Related Party Transactions in Customs and Transfer
Pricing in Income Tax Need for Convergence by
Sumit Dutt Majumder
Edited by: Diana McKelvey, ITIC Washington
About ITIC
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