• Brazil Introduces Fixed Profit Margins to Simplify Transfer Pricing Method
  The Brazilian government introduced changes to transfer pricing rules which includes a range of fixed profit margins for various industry sectors. The main changes are effective January 1, 2013 but the rules can also be applicable for calendar year 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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• Call Center Summit for Financial Services
  Kana is one of the sponsors for "Call Center Summit for Financial Services," The only call center conference specifically focused on the financial services industry sector.
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• China Revises Profit Repatriation Regulations
  The Chinese Government has issued a notice concerning tax clearance for remitting payments abroad on service items. This will take effect from September 1, 2013, says Nair & Co.’s International Tax team.
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• China Revises Profit Repatriation Regulations
  The Chinese Government has issued a notice concerning tax clearance for remitting payments abroad on service items. This will take effect from September 1, 2013, says Nair & Co.’s International Tax team.
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• China Revises Profit Repatriation Regulations
  The Chinese Government has issued a notice concerning tax clearance for remitting payments abroad on service items. This will take effect from September 1, 2013, says Nair & Co.’s International Tax team.
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• Differences Between Private Foundations And Public Charities
  The Internal Revenue Service (IRS) has allowed for the creation of tax-exempt charitable organizations. These groups manifest in one of two ways: as private foundations or as public charities.
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• Hong Kong Proposes Reduction in Profit Tax, Business Registration Fee Waiver: Updates from International Tax Consulting Team
  Hong Kong has proposed 75% reduction in Profits tax, waiver of business registration fee and reduction in salaries tax in its recently released annual budget said Nair & Co., which provides international tax consulting for companies expanding overseas.
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• Profit Repatriation from China to US: Is Your Cash Stuck?
  An increasing number of companies with profit-generating trading entities in China are finding it difficult to repatriate their accumulated reserves to the US via dividends.“The release of foreign exchange by China authorities is an issue, companies are frustrated with as they are not able to get cash out,” said Dr. Shan Nair, CEO and Co-founder of Nair & Co., a global services firm that helps companies expand internationally.
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