• Australia Increases Super (Superannuation Guarantee), the Required Employer Retirement Contribution Rate
  The Australian government has announced significant changes to the Super regime. Super contributions will eventually increase to 12% by 2020, reports Nair & Co.’s International HR Team.
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• China to ease Company Set Up Norms and Requirements
  The Chinese government is likely to approve reforms related to its corporate laws in an effort to decrease the hassles involved in setting up a new business, reports Nair & Co.’s International Business Expansion Team.
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• India Reviews Privacy Protection Regulations
  Indian authorities including Center for Internet and Society (CIS), the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Data Security Council of India (DSCI) recently hosted a privacy roundtable event to discuss the Privacy Protection Bill.
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• Mexico Approves Tax Reform Package for 2014
  The Mexican Chamber of Deputies recently approved a tax reform package enacting a new Income Tax law and changing various important provisions, outlined below.
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• Netherlands Published Third Draft Bill altering Tax Plan 2014
  Netherlands recently passed a third amendment to the Tax Plan 2014, reports Nair & Co.’s International Tax Team.
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• Sweden clarifies Permanent Establishment (PE) provisions in an Advance Ruling
  In a recent advance ruling, the Swedish Council for Advance Rulings has clarified rules regarding permanent establishment (PE) status for a foreign company.
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• Sweden clarifies Permanent Establishment (PE) provisions in an Advance Ruling
  In a recent advance ruling, the Swedish Council for Advance Rulings has clarified rules regarding permanent establishment (PE) status for a foreign company.
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