Transcription of 税制調査会 国際課税DG① - cao.go.jp
1 ( ) BEPS 25 10 24 ( ) 24 Copyright 2013 Nishimura & Asahi. All rights reserved. Double Irish with a Dutch Sandwich Swiss Trading Company Hybrid Bond Hybrid Instrument 10 11 Copyright 2013 Nishimura & Asahi. All rights reserved. 1. 31 2011 12 37 33 25 14 24 19 2013 6 3 Copyright 2013 Nishimura & Asahi.
2 All rights reserved. IT Google DIDS 2012 7 23 IrX IrY 2. Double Irish with a Dutch Sandwich(1) Copyright 2013 Nishimura & Asahi. All rights reserved. 2. Double Irish with a Dutch Sandwich(2) IP Business Restructuring Hybrid Entity Apple 1980 Apple Google Facebook Microsoft Forest Laboratories Twitter LinkedIn Paypal Cisco Systems Google Double Irish Double Swiss Yahoo! Google Double Irish Irish Company Swiss Company Google 20 2011 41 6300 600 2006 2011 180 1600 Apple 2009 12 740 2 2012 90 Copyright 2013 Nishimura & Asahi.
3 All rights reserved. 2. Double Irish with a Dutch Sandwich(3) IrX IP Google IP IrX IrX IrX Microsoft Forest Laboratories Facebook Apple IrX IrX 2013 10 21 IrY IrX IrY IrY IrY IrX IrX IrY
4 IrY Copyright 2013 Nishimura & Asahi. All rights reserved. 2. Double Irish with a Dutch Sandwich(4) IrY PE Hybrid Entity I Y IrX IrY IrX IrX Apple 2 check-the-box 1997 IrY IrX IrY IrX IrX Copyright 2013 Nishimura & Asahi.
5 All rights reserved. 3. Swiss Trading Company Starbucks (1) Swiss Trading Co. Starbucks Starbucks Coffee Trading Co. 20% 6% LIBOR 4 x% Copyright 2013 Nishimura & Asahi. All rights reserved. 3. Swiss Trading Company Starbucks (2) Starbucks Starbucks 13 1998 30 48 800 1280 2011 3 12 5 Swiss Trading Company 20 Swiss Trading Company 6 LIBOR 4 3 Starbucks 2012 12 7 2013 2 2000 26
6 2013 6 24 500 10 20 Copyright 2013 Nishimura & Asahi. All rights reserved. 4. Hybrid Bond Double Dip Hybrid Redeemable Profit Share ( RPS ) RPS RPS 10 8 12 RPS 10 RPS 2012 6 7 AC Amsterdam (Gerechtshof Amsterdam), 7 June 2012, 11/00174, VN 2012 100 RPS 100 Source Copyright 2013 Nishimura & Asahi.
7 All rights reserved. 5. Hybrid Instrument Debt Pushdown P royalty Source OECD BEPS L Hybrid instrument 4 / T 6 10 4 L Hold Co T Hold Co Target Co L Co Copyright 2013 Nishimura & Asahi. All rights reserved. 1991 93 2000 01 NY 01 02 03 1 13 4 2013 56 2013 M&A 2012 2011 M&A 2010 2010 2010 107-6029 1-12-32 28 03-5562-8585 FAX 03-5561-9711
