- What You must Know about Argentina’s Latest Exchange Control Regulations
Argentina has restricted its residents’ ability to purchase foreign currency and remit funds outside Argentina. The new regulations, expected to stay in effect at least till 2014, impact the current employee share purchase plans and the ability of companies to offer news plans to local employees in Argentina.
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- What You must know about Australia’s Data Privacy Laws
Australia is working towards strengthening its privacy laws for both public sector and private companies based in the country. The Privacy Amendment Bill 2012 was passed by the Federal Parliament on 29th November 2012, and is expected to be effective from March 2014.
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- What You must Know about Australia’s Transfer Pricing Amendments
Australia has recently introduced the Tax Laws Amendment (Countering Tax Avoidance and Multinational Profit Shifting) Bill 2013 (“the Bill”) in the House of Representatives for approval. The proposed start date for the Bill will be July 1, 2013, or the date, on which the Bill is passed, whichever is earlier.
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- What You must Know about Belgium’s New Tax Incentives
Belgium recently announced new tax incentives for individuals and companies that include reduced tax on pensions and profit deductions for small employers, said Nair & Co., which provides international tax consulting for companies expanding overseas.
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- What you must Know about Ireland’s Amendments to Business & Individual Taxation
The Irish government has modified provisions pertaining to business and individual taxation in the recent Finance Bill 2013.
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- What you must Know about Peru’s Amendments to its Income Tax Law
When doing business overseas, most of the businesses usually need to deal with the ever-changing tax laws, compliance practices, and penalties as foreign governments look to increase their tax revenues from the international trade.
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