Brazil Corporate Taxation
Resident based companies are taxed on the idea of worldwide income. A far off company has got to pay Brazilian taxation as long as it carries out certain sales activities within the country with the…
Articles by Team SKC
New Zealand Corporate Taxation
Taxes in New Zealand are collected by the Inland revenue department (IRD) on the behalf of the Government of New Zealand. Taxes are imposed on the basis of the personal and business income, supply of…
Canada Corporate Taxation
As a general rule, corporations resident in Canada are subjected to Canadian corporate income tax (CIT) on worldwide income. Non-resident corporations are subjected to CIT on the basis of the income derived from working on…
Norway Corporate Taxation
Taxation in Norway is imposed by the central government, the county municipality (fylkeskommune) and the municipality(kommune). The important taxes are VAT, income tax in the petroleum sector, employers’ social security contributions. Most direct taxes are…
German Corporate Taxation
Germany charges its corporate taxes from the companies and local residents on their worldwide incomes. German business profits are subject to two taxes, corporation tax and trade tax. In this article, we are going to…
US Corporate Taxation
Corporate taxes are imposed in the US at state and some local levels on the incomes for the purpose of taxation. The trends of the rules and laws followed by the government are seen changing…
SEZ – Separate company vs sub-unit
While setting up a business unit in SEZ, one of the most important choices is to decide whether to register a new company or show it as a unit in one of the existing companies….
Applicability of TDS on purchase of customised pre-printed stationery
To assess the applicability of Section 194C of the Income Tax Act, 1961 on the purchase of cards, prospectus and letterheads printed as per the requirements of the customer, Section 194C has to be read…
FDI AND ITS REPORTING UNDER PRESENT SCENARIO
Over the past few years Foreign Investors’ interest to invest in India has increased many fold due to various reasons such as rise in population which results in low labour cost, growth in infrastructure, rise…
Section 8 Company
There are three ways of registering a Non Profit Organizations or Non Governmental Organizations- Society, Trust and Section 8 Company. Trusts and Societies do not have central laws as its laws are restricted within that…