18/05/2012 HR director shares details of Vauxhall jobs deal

HR played a key role in yesterday's Vauxhall jobs deal, securing reduced pay for new hires, contractual overtime and a four year wage settlement, the...

17/05/2012 Singapore - Losses from old branch can be set off against profits of new branch

A taxpayer-favorable decision issued in a case concerning the unabsorbed tax losses incurred by a previous de-registered branch office of a Japanese...

17/05/2012 Oman - Tax administration forms large taxpayer unit

A large taxpayer unit has been established to conduct audits of large taxpayers defined as having turnover greater than RO 9 million approximately...

17/05/2012 New Zealand - Budget 2012 set for 24 May

he New Zealand Budget 2012 is scheduled to be released 24 May 2012.

17/05/2012 India - Export commission; severance benefits paid outside India not taxable; updated list of goods under excise tax sys

India - Export commission, severance benefits paid outside India not taxable; updated list of goods under excise tax system

more HR features

• New Zealand - Budget 2012 set for 24 May:
  he New Zealand Budget 2012 is scheduled to be released 24 May 2012.
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• India - Export commission; severance benefits paid outside India not taxable; updated list of goods under excise tax sys:
  India - Export commission, severance benefits paid outside India not taxable; updated list of goods under excise tax system
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• China - Tax authorities focus on tax investigations:
  Chinese tax authorities regard their tax investigation department as an important administrative device for securing tax revenue.
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• Czech Republic - Proposed tax measures to reduce deficit; VAT updates:
  The Ministry of Finance has drafted a number of measures in the areas of tax and insurance that would be intended to raise revenue in order to reduce public finance deficits.
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• Czech Republic - Unrealized foreign exchange gains are not taxable income:
  The Supreme Administrative Court Nejvy sprvn held that unrealized foreign exchange gains are not taxable income even though they are included in profit or loss statements for accounting purposes.