• Argentina extends Tax Amnesty for Unreported Foreign Currency
  Argentina has recently announced an extension to the application window for applying under the tax amnesty regime by three calendar months effective 1 October 2013.
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• Argentina IFRS Update: New Requirements for Information Reporting and Tax Base Calculation
  Companies doing business in Argentina, which has recently adopted the International Financial Reporting Standard (IFRS), must now comply with the new requirements for information reporting and tax base calculation.
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• Argentina Includes New Business Activities in Mandatory E-invoicing System
  The Argentine Federal Tax Authority (AFIP) has established changes to existing rules on mandatory e-invoicing effective 18 December 2013, reports Nair & Co. which provides international tax consulting services for companies expanding overseas.
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• Argentina increases wage limits for Family Allowances
  Argentina has announced changes to the regime concerning Family Allowances, effective 1 September, says Nair & Co.’s International HR Services Team.
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• Argentina increases wage limits for Family Allowances
  Argentina has announced changes to the regime concerning Family Allowances, effective 1 September, says Nair & Co.’s International HR Services Team.
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• Argentina Introduces Electronic Submission and New Form for Transfer Pricing
  The Argentine tax authorities have revised transfer pricing regulations making it mandatory for taxpayers to file transfer pricing reports in a digital format, through the Internet.
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• Argentina Introduces New Systems for Recording Overseas Payments: Update from International Expansion Services Team
  The Argentinian government has introduced a new electronic system i.e. the “Single Electronic Window of Foreign Trade” which will enable data transfer and tracking of international trade transactions and commercial information, between different government bodies in Argentina.
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• Argentina Issues New Guidelines concerning “Related Parties Register”
  New measures issued by the Argentine Federal Tax Authority (AFIP) entered into force on 3 January 2014.
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• Argentina Raises Social Security Related Salary Thresholds
  Argentina has increased the salary limits related to social security, reports Nair & Co. which provides global HR services for companies setting up foreign operations.
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• Argentina Tightens Exchange Control Regulations; Impacts Employees Share Plans
  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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• Argentina’s New Systems for Recording Overseas Payments – What You must Know
  The Argentinian government has introduced a new electronic system i.e. the “Single Electronic Window of Foreign Trade” which will enable data transfer and tracking of international trade transactions and commercial information, between different government bodies in Argentina.
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• Argentina’s Revised Transfer Pricing Regulations – What you must Know
  With an increasing number of countries now imposing transfer pricing documentation requirements, it has become essential to use finely tuned methods for the efficient document transfer pricing policies.
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• Argentine Government Introduces Withholding Tax on Exports
  The Argentine Tax Authority (AFIP) introduced legislation under which a Withholding Tax of 0.5% will be charged on all triangular exports.
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• Australia Amends Liability of Directors and Officers: Update International Expansion Services Team
  In order to simplify the process of imposing criminal liability on directors and managers of Australian Companies the Council of the Australian Governments (COAG) has decided, that all Australian jurisdictions will have a common code.
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• Australia Amends Trade Mark Law on April 15, 2013: Update from International Expansion Team
  The provisions of the Intellectual Property Laws Amendment (Raising the Bar) Act 2012 (Cth) proposing changes to the trade mark law in Australia were implemented on April 15, 2013.
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• Australia Amends Transfer Pricing Regulations
  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.
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• Australia Announces Changes to Unfair Dismissal Related Thresholds
  The Australian government has announced an array of changes to the employment related financial thresholds, effective from July 1, 2013.
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• Australia Budget 2013-14: Fringe Benefits Tax Rate Increased, Scope of PAYG Extended and Proposed Income Tax Reductions Postpon
  The Australian government has released its budget for 2013 which targets savings to bring the budget back to surplus. With a budget that predicts a minor deficit next year and a surplus in 2015, Australia has made some positive assumptions, says Nair & Co.’s International Tax Consulting Team.
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• Australia Business Guide: Set Up Your Business in Australia
  Internationalisation into a foreign location,is a complex process requiring a depth of information on varied laws , regulations and legalities.. Corporates who want to expand into Australia, need timely and accurate information on the the internationalization process.
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• Australia Eliminates Sponsorship Limits on Subclass 457 Visas
  The Australian Department of Immigration and Border Protection (DIBP) has recently eliminated the sponsorship limits on subclass 457 visas.
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