SUNNYVALE, Calif.--()--Nair & Co., the leader in international business expansion services has released tax, data privacy, transfer pricing and compliance updates for companies doing business in Australia, Canada and China.
China Strengthens Data Privacy Laws
These regulations contain significant and comprehensive requirements
relevant to the collection and processing of electronic personal
information. No entity, business, organization or individual can
embezzle, obtain, sell, or otherwise provide electronic personal
information by unlawful means to another person.
Read More at http://www.nair-co.com/ChinaStrengthensDataPrivacyLaws-15-02-2013.aspx
Australian Directors Made Personally Liable for Unpaid Superannuation
The new director penalty regime makes directors personally liable if
companies fail to make certain compulsory payments or superannuation
payments like tax withholding from employees’ wages.
Read More at http://www.nair-co.com/AustralianDirectorsLiableforUnpaidSuperannuation-08-02-2013.aspx
Canadian Supreme Court Sets up Key Principles in Transfer Pricing
Business entities must authenticate the validity of the comparables
mentioned in their transfer pricing study, and ensure that their
contracts rightly specify, in detail, all the associated party transfers
of services, goods and intellectual property.
Read More at http://www.nair-co.com/CandaTransferPricing-27-02-2013.aspx
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For more information about doing business overseas or specific International Tax, HR, Compliance or Legal issues please contact us at http://www.nair-co.com/global-offices.aspx
About Nair & Co.
Nair & Co. provides you with your one touch outsourced finance, HR, legal and 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 4000+ 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.