• 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 Trademark Laws to Streamline Processes
  Australia’s Intellectual Property Amendment (Raising the Bar) Bill was converted into law on April 15, 2012, streamlining the process of applying for trademarks, opposing a trademark application and trademark infringement proceedings.
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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 Amends Workforce Regulations
  Key changes to Australian workforce related regulations are covered under the headings: Fair Work Amendment Act 2012 (Amendment Act), Enterprise Agreements (applicable from 1 January 2013) and Workplace Gender Equality headings.
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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
  Australia Business Guide - Nair &Co. assists organization to meet the challenges while expanding in australia. We also facilitate with Legal documentation, registration process, employment laws, payroll, Taxes both direct & indirect & details on accounting.
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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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• Australia Increases Super (Superannuation Guarantee), the Required Employer Retirement Contribution Rate
  The Australian government has announced significant changes to the Super regime. Super contributions will eventually increase to 12% by 2020, reports Nair & Co.’s International HR Team.
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• Australia Issues Draft Taxation Rules on Permanent Establishments
  The Australian Taxation Office (ATO) has issued draft taxation rules on permanent establishments, inviting comments from the public.
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• Australia may limit employment-related tax benefits
  The Australian government has made strides towards imposing restrictions on certain employment-related tax benefits, reports Nair & Co.’s International Tax Team.
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• Australia Proposes Amendments to GAAR (Part IVA) to Counter Tax Dodging
  The Australian government has introduced Tax Laws Amendment (Countering Tax Avoidance and Multi National Profit Shifting) Bill 2013 on February 13, 2013.
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• Australia Proposes to Reduce New South Wales Workers’ Compensation Benefits
  The Australian government has proposed to drastically revise New South Wales (NSW) workers' compensation benefits claims.
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• Australia Releases Fair Work Amendment Bill 2013
  On March 21, 2013, the government initiated the Fair Work Amendment Bill 2013 (Amendment Bill) into the federal Parliament. The Bill includes a broad range of amendments intended at making employment more flexible and family friendly, and providing the Fair Work Commission (FWC) authority to deal with anti social claims at the workplace says Nair & Co., which provides Global HR services for companies expanding overseas.
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• Australia Restructures Permanent Residence Programs
  Australia is restructuring two of its important permanent residence programs - the Employer Nomination Scheme (ENS) and the Regional Sponsored Migration Scheme (RSMS) to create a streamlined channel for foreign workers to get permanent residence.
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• Australia Revises Audit System to Improve Audit Quality
  The Australian government has passed a bill which would give the ASIC (Australian Securities and Investments Commission) greater powers to check audit firms lacking in quality control.
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• Australia Strengthens 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 (Enhancing Privacy Protection) 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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• Australia Tax Changes may affect Multinational Employers and Employees
  The Australian Taxation Office (ATO) has introduced new regulations which may affect individuals including multinational employers and expatriates on international assignments working in the country, says Nair & Co. which provides global HR services for companies setting up foreign operations.
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