• China Strengthens Data Privacy Laws
  The Chinese government has recently passed a resolution intensifying data privacy laws in the country. These regulations contain significant and comprehensive requirements relevant to the collection and processing of electronic personal information.
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• China Strengthens Data Privacy Laws
  The Chinese government has recently passed a resolution intensifying data privacy laws in the country. These regulations contain significant and comprehensive requirements relevant to the collection and processing of electronic personal information.
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• Australian Directors Become Personally Liable for Unpaid Superannuation
  The Australian government has extended provisions regarding penalties for directors. The new director penalty regime makes directors personally liable in case their company fails to make certain compulsory payments or superannuation payments like tax withholding from employees’ wages.
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• Mexico: Companies Handling Personal Data – Comply with Set Rules & Avoid Penal
  In a recent case, the Federal Institute for Access to Information and Data Protection (IFAI) of Mexico has imposed a penalty on Pharma Plus, S.A. de C.V. (engaged in drugstore operation trade) for breaching the personal data protection law, which came into effect on July 5, 2010.
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• Webinar on Globalisation- What it takes to Win
  In a world where everyone can go global, what does it take to get it right? Join CFO Magazine and Nair & Co. for a complimentary 60-minute webinar highlighting the top international tax, compliance and operational challenges facing companies in 2013.
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• A Quick Glance at Italy’s Introduction to the VAT Cash Accounting Scheme
  Italy is introducing the VAT Cash Accounting Scheme allows VAT payment on cash (receipt) basis with effect from December 1, 2012. It is mandatory for the taxable person to indicate in invoices, if the cash accounting scheme has been applied.
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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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• 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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• A Quick Glance at the Changes to Tax Laws for Stock Options in France
  The French government has tabled a draft finance bill, which if passed, would affect the taxes applicable to stock options and also to income from dividends.
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• Hong Kong Plans Standard Work Week and Overtime Pay – What you must Know
  Hong Kong, along the lines of developed economies like Singapore and UK plans to implement a standard work week of 40-48 hours and an overtime pay of 50% of pay over and above normal pay.
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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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• Luxembourg Implements New Tax Provisions
  Luxembourg has implemented various measures with the aim of increasing revenue through taxation. Most of the provisions come into effect from January 1, 2013.
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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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• Doing Business In Asia Pacific - A "How To" Workshop With Industry Leaders
  Nair & Co, invites you to Greater Fort Lauderdale Chamber of Commerce and iConnect Event - “Doing Business In Asia Pacific - A "How To" Workshop With Industry Leaders” where Dr. Shan Nair highlights needs of business expanding or existing in Asia Pacific.
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• Brazil Amends Transfer Pricing System
  The Brazilian government has amended its Transfer Pricing Regulations (TPR), which may affect companies doing business in the country. New Normative Instruction (NI) 1,312 regulating new transfer pricing provisions were issued.
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• Czech Republic Approves Austerity Measures and Amends VAT Laws
  The Czech Republic government has opted for austerity measures and amendments to individual income tax, withholding tax, excise tax and VAT provisions.
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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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• Malta Budget 2013: Tax Exemptions for Domestic Mergers and Group Restructuring
  Malta’s national budget for 2013 aims to continue the country’s financial consolidation plan, build up the social security net and promote investments.
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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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• Vietnam Likely to Reduce Corporate Tax Rate to 23%
  The Vietnamese Ministry of Finance has proposed certain changes to Corporate Income Tax (CIT) Law, which if enforced, will take effect from January 1, 2014, unless otherwise stated.
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