Nair & Co.

Employers in Canada who wish to extend their employees’ notice period must document the extension in writing to avoid any litigation. The document should clearly indicate the employee's consent for such an extension.

apan tax authorities recently announced new reporting requirements for foreign stock-based compensation received by resident employees and directors of certain entities in Japan. Please visit Nair and co website to know more information.

Foreign companies that are beneficial owners of Korean-sourced income must now submit an application to their withholding agents before they receive any income, in order to claim any tax treaty benefits.

The Income tax authority of India has extended the due date for filing 49C form for particular categories of assessees having a Liaison Office in India.

The Government of Romania has introduced an array of changes to its VAT legislation.

The Indian Tax Administration has introduced a new transfer pricing method which uses the ‘other method’ for determining Arm’s length Principle (ALP) for international transactions.

In order to reduce public deficit this year, the Spanish government has introduced provisional measures to the Corporate Income Tax.

The Brazilian government introduced changes to transfer pricing rules which includes a range of fixed profit margins for various industry sectors.

A federal court ruling involving employee termination in Australia demonstrated that following the right procedures and maintaining proper records related to long-term employee issues including workplace rights and absence from work

Australia will soon launch the National Business Names Register which will enable companies to use a single form to register a business name across all Australian states and territories.