Finland Proposes Tax Changes; Italy Approves Economic Growth Measures; India Lowers Repatriation Period; UK Demands Bond for "High-risk" Visitors from 6 Countries: HR, Regulatory and Tax Highlights from Nair & Co.
SUNNYVALE, Calif.--(BUSINESS WIRE)-- Nair & Co., the leader in international expansion services has released HR, Regulatory and Taxation updates for companies doing business in Finland, France, Italy, India and the UK.
Finland Proposes Tax Changes for 2014-2017
The Finnish government has proposed changes to the corporate and capital income taxation 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.
France Proposes Automatic Filing of Transfer Pricing Documentation
An anti-fraud and tax evasion bill was passed by the French National Assembly on June 20, 2013. If enacted, it will modify the transfer pricing documentation rules, finds out Nair & Co.'s International Tax team.
Italian Government Approves Measures for Economic Growth
With an aim to revive its flagging economy, the Italian government plans to address unresolved issues that have held back its economic growth over the past few years. Nair & Co. which provides international tax consulting for companies expanding overseas finds out that a Law decree n. 69/2013 was published in the Italian Official Gazette n. 144 on June 21, 2013. It is further learnt that the diktat came into effect on June 22, 2013.
International Business Guide
Nair & Co. launches "International Business Guide" online platform featuring information on Employment Laws, Legal Entities, Payroll, Accounts, Corporate and Indirect Taxes across 27 key jurisdictions worldwide. The IBG caters to a need for timely and accurate business information, for companies wishing to optimize their multinational operations.
Please Visit at https://ibg.nair-co.com
India Lowers Repatriation Period of Export Income
India's Central Bank, the Reserve Bank of India has lowered the period of realization and repatriation (from 12 months to 9 months) of the amount signifying complete value of exports for the exporters of goods and software. This could enhance foreign exchange inflows into India.
UK Demands Visa Bond for "High-risk" Visitors from Six Countries
Britain has introduced a pilot scheme whereby it is going to ask for a £3,000 ($4,630) refundable visa bond for "high-risk visitors" from its six former colonies including Nigeria, Ghana, India, Pakistan, Bangladesh and Sri Lanka. The pilot scheme, which aims to make the immigration process selective, and reduce the net immigration rate, is likely to damage UK's trade relationships with the concerned countries.
Read more at http://www.nair-co.com/BritainVisaBond-31-07-2013.aspx or get in touch with our international expansion services team at email@example.com to learn more about our services in 50+ countries.
Singapore is a preferred global investment destination for multinationals. The Singapore Investment Guide provides a comprehensive summary of the direct and indirect taxes, key economic indicators, legal and accounting requirements which are critical for businesses operating or expanding into Singapore.
Check the Free Guide at:http://www.nair-co.com/SingaporeInvestmentGuide.aspx
About Nair & Co.
Nair & Co. provides you with your one touch outsourced finance, HR, legal and global tax compliance department for your international operations. If you are expanding abroad for the first time or increasing your global footprint, our turnkey solutions help you do so with minimal risk, stress and cost. We support 1000+ client operations in over 56 countries and have core offices in U.K., India, China, U.S., Japan and Singapore. Nair & Co. was named among the top 100 outsourcing services providers in the world by the International Association of Outsourcing Professionals (IAOP). Learn more at www.nair-co.com or contact us at http://www.nair-co.com/global-offices.aspx
KEYWORDS: United Kingdom United States Europe Asia Pacific North America California Finland France India
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