SUNNYVALE, Calif.--(BUSINESS WIRE)--Nair & Co., the leader in international expansion services has released Regulatory and Taxation updates for companies doing business in Brazil, Denmark, China, India and Norway.
Brazil Proposes Revised Anti Corruption Law
The Brazilian government has presented an anti-corruption bill for
consideration before the senate; the anti- corruption bill imposes
liability on businesses involved in foreign and domestic bribery. The
bill if approved is expected to strengthen the country’s commitment to
the OECD Convention on Combating Bribery of Foreign Public Officials.
Read
more at http://www.nair-co.com/BrazilAntiCorruptionLaw-06-06-2013.aspx
Denmark Publishes Changes to Corporate Income Tax Provisions
The Danish government recently published new provisions concerning
corporate income tax, accepting several measures announced in the
circular "Vækstplan DK - stærke virksomheder, flere job", says Nair &
Co. which provides international
tax consulting for companies expanding overseas.
Read more at http://www.nair-co.com/DenmarkCorporateIncomeTaxProvision-06-06-2013.aspx
China Clarifies Issues Concerning Taxation of Secondment Employment
The Chinese Government’s State Administration of Taxation (SAT) issued
Announcement 19, which clarifies the situation under which cross-border
secondments of expatriate employees by multi-national companies (MNC) in
China creates a taxable situation. The recent move is expected to fill
regulatory “gaps” and the clarification is welcomed by international
companies doing business in China.
Read more at http://www.nair-co.com/ChinaTaxationSecondmentEmployment-04-06-2013.aspx
International Business Guide
Nair & Co. launches “International
Business Guide” online platform featuring information on
Employment Laws, Legal Entities, Payroll, Accounts, Corporate and
Indirect Taxes across 22 key jurisdictions worldwide. The IBG caters to
a need for timely and accurate business information, for companies
wishing to optimize their multinational operations.
Please
Visit at https://ibg.nair-co.com
MyCalender - The Smarter Way to Track your Compliance Deadlines
MyCalendar is a one-stop online compliance tracking tool that tracks
statutory and regulatory compliance deadlines in more than 45 global
jurisdictions. MyCalendar is daily updated based on the reports from our
in-house research team that keeps track of the ever-changing complex tax
regulations and deadlines across the globe. Nair & Co. ensures that
every change that affects your business is captured by us.
Please
Visit at: http://www.nair-co.com/mycalendar.aspx
India Hikes Debt Limits by $5 Billion for Long-term Foreign Investors
The Indian government has raised debt limits for long-term foreign
investors in order to stabilize the debt market. In the past 2 weeks $3
billion were drained from the debt market weakening the rupee rapidly as
global investor started taking their investments. This has prompted SEBI
(Securities and Exchange Board of India) to increase the investment
limit for long term foreign investors in government debts to $30 billion.
Read
more at http://www.nair-co.com/India-DebtLimits-ForeignInvestors-14-06-2013.aspx
Norway Revamps Corporate Tax Regime
With an aim to give a boost to its economy, the Norwegian government
plans an array of changes in its corporate tax regime. The corporate tax
rate will be lowered, the tax credit scheme for R&D will be increased
and a special first year depreciation for machinery will be introduced.
Read
more at http://www.nair-co.com/NorwayRevampsCorporateTaxRegime-17-06-2013.aspx
or get in touch with our international
expansion services team at info@nair-co.com
to learn more about our services in 50+ countries.
About Nair & Co.
Nair & Co. provides you with your one touch outsourced finance, HR, legal and global tax compliance department for your international operations. If you are expanding abroad for the first time or increasing your global footprint, our turnkey solutions help you do so with minimal risk, stress and cost. We support 4000+ client operations in over 56 countries and have core offices in U.K., India, China, U.S., Japan and Singapore. Nair & Co. was named among the top 100 outsourcing services providers in the world by the International Association of Outsourcing Professionals (IAOP). Learn more at www.nair-co.com or contact us at http://www.nair-co.com/global-offices.aspx
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