Nair & Co.

The Indian government has notified the rules to execute an amnesty scheme i.e. “Voluntary Compliance Encouragement Scheme” which was proposed in its February 2013 budget.

The Indian parliament cleared the Finance Bill on April 30, 2013. It has issued a clarification regarding Tax Residency Certificates (TRC) issued by a foreign government.

The Argentine tax authorities have revised transfer pricing regulations making it mandatory for taxpayers to file transfer pricing reports in a digital format, through the Internet.

Canada is introducing new guidelines under the Occupation Health and Safety Act...

The Colombian Government has recently introduced various measures which include new individual income tax, corporate tax

The Japanese government has outlined proposed tax reforms; however, these can be altered during the legislative process.

In a case involving The Queen and Glaxo Smith Kline Inc. (GSK), the Supreme Court of Canada has recently released its first verdict on transfer pricing regulations by establishing certain important principles that are vital for Canadian

The French Finance Law for 2013 (Loi de finances pour 2013, LF 2013) has reduced the maximum limit on tax credits from EUR 18,000 + the previously prescribed rate to EUR 10,000. Income tax liability can be offset with tax credits up to a certain cap.

Foreign workers in Netherlands, with specific skills, can avail a 30% tax relief, i.e. the ‘30% ruling’.

The Australian government has extended provisions regarding penalties for directors.