• Norway Revamps Corporate Tax Regime: Update from International Tax Compliance Services Team
  With an aim to give a boost to its economy, the Norwegian government plans to array of change to it corporate tax regime say says Nair & Co. which provides international tax consulting for companies expanding overseas.
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• Belgian Government Plans to Increase the VAT Rate
  After May’s general elections, the Belgian government plans to increase the standard Value Added Tax (VAT) rate to 22%.
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• Brazil Reduces Financial Transaction Tax (IOF) to Nil; Encourages Businesses to Invest in Certain Sectors
  The Brazilian Government has reduced the rate of financial transaction tax (Imposto sobre Operações Financeiras – IOF) on certain insurance policies to nil. The declaration pertaining to tax reduction has been published on August 16, 2012 and takes effect 90 days following its announcement.
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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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• Finland Proposes Tax Changes for 2014-2017
  Nair & Co. which provides international tax consulting for companies expanding overseas finds out the authorities reached agreement on central government spending limits for 2014-2017.
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• Get Latest Gold News on Gold Price in India Today
  Sify Finance brings the latest gold news with live update on Gold price in India today. Get Gold rates for 24 karat gold with prices in metros, bullion stock quotes, gold funds quotes & more.
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• India Budget 2012: Highlights
  India moved to close loopholes in the country’s tax laws with the introduction of General Anti-tax Avoidance Regulations (GARR), rationalizing definitions of international transactions and introduction of many new penalties for tax avoidance, non-compliance, and unaccounted money, in its budget 2012.
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• Indonesia Introduces 1% Tax on Gross Revenue for Small & Medium Enterprises
  Nair & Co. which provides international tax consulting for companies expanding overseas finds out that the Indonesian government regulation No 46 Year 2013, excluding permanent establishments, was issued on June 12, 2013.
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• Italian Government Increases the VAT Rate to 22%
  The Italian government has recently increased the standard Value Added Tax (VAT) rate on goods and services to 22% with effect from 1 October 2013, though it was expected that the increase in VAT rate would be postponed to 1 January 2014, reports Nair & Co.’s International Tax Consulting Team.
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• Japan Plans to Double Consumption Tax Rate by 2015
  Japan has proposed to introduce new reduced Consumption Tax (VAT) Rate for basic goods, in an effort to assuage the impact of the planned tax rate to 10% by 2015
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• Reduce Tax Liabilities with Advance Tax Planning
  Payment of taxes is an annual compulsory phenomenon for every employed, self employed and business class individual and tax planning an integral element of personal finance.
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• Rock Stars of Mobile Cloud Venue
  Rock Stars of Mobile Cloud will be held at the Sheraton Boston, located just four miles from Boston Logan International Airport on Tuesday, May 06, 2014,
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• Spain Introduces New VAT Cash Accounting Scheme and Changes to certain VAT Deadlines
  Spain has introduced a new Special VAT Cash Accounting Scheme. The new scheme is designed to support entrepreneurs. The changes introduced by the recent amendment will be effective 1 January 2014, reports Nair & Co.’s International Tax team.
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• Swiss Canton Cuts Tax Rates, EU to Give VAT Refunds : Updates from Europe
  The canton of Lucerne, as part of tax law revisions announced in 2011, cut the corporate income tax rate from 3% to 1.5% with effect from January 1, 2012. The steep reduction in tax rate results in a statutory communal and cantonal tax burden of 4.3% to 6.5%.
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