News by Tag: International Expansion - Page 2


Italy Permits VAT Payments on Cash Receipt Basis
January 16, 2013
Italy introduces VAT Cash Accounting Scheme allowing VAT payment on cash (receipt) basis with effect from 1 December 2012. It is mandatory for the taxable person to indicate in invoices, if the cash accounting scheme has been applied.
Australia Strengthens Data Privacy Laws
January 9, 2013
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
Brazil Tax Update: Minimum Average Term Further Reduced for Certain Financial Transactions
January 8, 2013
Brazil makes further amendment 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
China Eases Foreign Exchange Restrictions to Encourage FDI Inflow
January 8, 2013
China's State Administration of Foreign Exchange (SAFE) simplifies foreign exchange rules relating to foreign direct investment to attract foreign investment into China.
Canada's New Visa Rule - Mandatory Biometrics from Thirty Jurisdictions
December 31, 2012
Canada has made biometrics mandatory for the nationals of thirty Jurisdictions applying for Canadian visitor visas, study permits, or work permits, commencing 2013. Applicants seeking to enter Canada will now have to provide finger prints and digital
France Proposes Changes to Tax Laws for Stock Options
December 20, 2012
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.
Italy Presents New Measures for Financial Stability
December 12, 2012
Italy has recently announced measures to ensure the financial stability of the economy.
United Kingdom Proposes to Introduce New Owner-employee Contract
December 12, 2012
With the intention of implementing new rules in April 2013, the UK government has announced a proposal to introduce a new kind of employment contract called the "owner-employee contract".
Australia Tightens Corporate Governance Responsibilities of Directors and Officers
December 11, 2012
Australia has amended work health and safety (WHS) laws which are likely to be implemented in early 2013, increasing corporate governance responsibilities for directors and officers of companies doing business in the country.
Saudi Arabia Makes Arabic Language Mandatory for Businesses
November 28, 2012
Saudi Arabia has made Arabic as the mandatory business language in all commercial and business dealings. Companies doing business in Saudi Arabia are required to abide by the new ruling requiring business and commercial documents like utility bills,
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