• Brazil Tax Update: Minimum Average Term Further Reduced for Certain Financial Transactions
  Brazil makes further amendment to the provisions governing tax on financial operations (Imposto sobre Operações Financeiras – IOF) with the publication of Decree No. 7,853 which reduces the minimum average term for certain financial transactions with effect from December 5, 2012.
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• Brazil: Companies Evaluating Taxable Income under Actual Profit Method will be Qualified for Accelerated Depreciation
  The Brazilian government has regulated accelerated depreciation with the publication of Decree 7,854, effective from December 4, 2012. For corporate income tax purpose, companies evaluating their taxable income under actual profit method will be qualified for accelerated depreciation.
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• Brazil’s Latest Tax Update Regarding Minimum Average Term for Certain Financial Transactions
  Brazil makes further amendments to the provisions governing tax on financial operations (Imposto sobre Operações Financeiras – IOF) with the publication of Decree No. 7,853 which reduces the minimum average term for certain financial transactions with effect from December 5, 2012.
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• Bribery convictions china, internal audit compliance, international expansion, doing business overseas
  China’s major investigatory and prosecutorial division - Supreme People’s Procuratorate (SPP) along with other PRC anti-corruption organizations declared the availability of a centralized database of individuals and companies charged with bribery offenses to the public
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• Britain Demands Visa Bond for High-risk Visitors from Six Countries Including India
  Britain has introduced a pilot scheme whereby it is going to ask for a £3,000 ($4,630) refundable visa bond for “high-risk visitors” from its six former colonies including Nigeria, Ghana, India, Pakistan, Bangladesh and Sri Lanka.
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• Budget 2013: Mexico Reforms Tax Provisions
  The Mexican budget, approved by the Congress, has been published in the Official Gazette on December 17, 2012.
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• Budgetary Updates 2013: Canada, Cuba, Belgium
  Know more about Belgium Provisions in Budget 2013, Canada 2012 Federal Budget Measures Adopted, Cuba Overhauls the Tax System with Nair & Co., your ideal partner during international business expansion.
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• Budgetary Updates: Norway, Sweden and Netherlands
  Know more about Norway’s Plans concerning the changes in specific tax provisions, Sweden’s Plans to introduce investment friendly measures, and the major changes in Netherland’s tax plan for 2013 with Nair & Co., your ideal partner during international expansions
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• Business Expansion Overseas: Surmounting the challenges
  A webcast produced by William Gallagher Associates. This webinar provides detailed information on international policies, compliance, HR, tax and legal aspects that matter to your business.
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• Business Expansion Overseas: Surmounting the challenges
  A webcast produced by William Gallagher Associates. This webinar provides detailed information on international policies, compliance, HR, tax and legal aspects that matter to your business.
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• Businesses in Netherlands can now benefit from Accelerated Depreciation
  Netherlands has recently introduced accelerated depreciation related provisions which are in effect from July 1, 2013. This is a temporary measure and allows companies operating in the country to claim accelerated depreciation of up to 50% on their investments, if certain conditions are fulfilled.
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• Businesses in Netherlands can now benefit from Accelerated Depreciation
  Netherlands has recently introduced accelerated depreciation related provisions which are in effect from July 1, 2013. This is a temporary measure and allows companies operating in the country to claim accelerated depreciation of up to 50% on their investments, if certain conditions are fulfilled.
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• Businesses in Netherlands can now benefit from Accelerated Depreciation
  Netherlands has recently introduced accelerated depreciation related provisions which are in effect from July 1, 2013. This is a temporary measure and allows companies operating in the country to claim accelerated depreciation of up to 50% on their investments, if certain conditions are fulfilled.
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• Canada Introduces Aggressive Measures to Counter Tax Evasion Schemes: Canada Budget Update from International Tax Advisory Team
  Canada recently announced its budget for 2013 and all taxation measures, unless otherwise indicated, will apply retroactively from January 1, 2013. Here are some key highlights of the Canada Budget 2013 compiled by the international tax advisory services team at Nair & Co.
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• Canada Introduces Economic Action Plan 2013
  The Canadian Minister of Finance recently introduced the Economic Action Plan 2013 Act in an effort to stimulate the economy and job creation, reports Nair & Co. International Tax Team.
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• Canada Issues Address for Service Notice for Directors
  The Canadian government has revised provisions for the address that directors of corporations need to provide to Corporation Canada. Directors now need to provide an address for service i.e. an address where legal documents can be received by the Director or a representative and a delivery receipt can be provided.
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• Canada Issues Notice to Implement Income Tax Provisions
  The Canadian government has tabled a Notice of Ways and Means Motion that will allow it to implement certain tax provisions from the country’s Economic Plan 2012 and also other previously approved tax measures.
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• Canada to Introduce Mandatory Health and Safety Training Guidelines: Updates from International HR and Payroll services Team
  Canada is introducing new guidelines under the Occupation Health and Safety Act (OHSA) making it mandatory for all Ontario-based companies to ensure their workers and supervisors to complete their mandatory Occupational Health and Safety training programs by January 1, 2014. Employers who fail to comply could be fined by the Ministry of Labor (MOL).
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• Canada’s Budget Update - A Quick Glance at Canada’s International Tax
  Canada recently announced its budget for 2013 and all taxation measures, unless otherwise indicated, will apply retroactively from January 1, 2013.
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• Canada’s New Visa Rule – Mandatory Biometrics from Thirty Jurisdictions
  Canada has made biometrics mandatory for the nationals of thirty Jurisdictions applying for Canadian visitor visas, study permits, or work permits, commencing 2013. Applicants seeking to enter Canada will now have to provide finger prints and digital photographs.
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