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Changing Times: The Asia- Pacific Challenge
Asia-Pacific Tax Summit, Singapore, 19-20 November 2008

Introduction
We are delighted to invite you to this year’s Asia-Pacific Tax Summit in Singapore on 19 and 20 November 2008.
Unprecedented developments are creating volatility in the financial markets: the credit crisis, continued weakness of the U.S. dollar and of property markets, together with rising food and commodity prices bring new challenges to sustaining growth in the Asia-Pacific region. At the same time the ability of Asian- based investors, including Sovereign Wealth Funds, to undertake major global transactions is commanding international attention.
Our distinguished panel of speakers will share their insights into the challenges facing businesses operating in the Asia-Pacific region in these changing times. Providing context, plenary sessions will address political and diplomatic developments, social and demographic pressures and the turbulent economic landscape.
As to the tax environment, tax policy plays an important role in how governments in the region respond to these challenges. We will hear how Singapore continues to chart its course. The Organisation for Economic Development and Co-operation will elaborate on global tax initiatives it is spearheading and the implications (including potential sanctions) in the Asia-Pacific region.
Elective sessions offer you an opportunity to explore in detail industry issues for Financial Services and Energy and Natural Resources, or specific areas of tax planning, including transfer pricing, indirect taxes, effective tax management, and factors related to sources of capital.
The Asia-Pacific Tax Summit will present opportunities for you to expand your network with peers and business partners from around the world in a city that showcases the dynamism of the Asia-Pacific region. We look forward to welcoming you in November 2008.
  Lloyd Deverall
Head of Tax, Asia-Pacific Region
KPMG in Hong Kong
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