International Tax

UHY International Study on Tax as a Percentage of GDP

A new study conducted by UHY International finds that Western Economies are saddled with a tax burden 40% higher than the global average. Western European countries are inhibiting their economies with tax burdens at least 40% heavier than both the global average and the average for neighbouring countries in Central and Eastern Europe, according to

2015-04-29T09:13:21+00:00 April 29th, 2015|International Tax|

UHY’s Global Transfer Pricing Guide 2015

The UHY network has released its 2015 “Global Transfer Pricing Guide” to assist tax and finance professionals responsible for cross-border tax planning and compliance with their enquiries.  Given the complexity of transfer pricing issues, the guide provides in the first instance a country-by-country summary of major transfer pricing requirements, including pricing methods, documentation and penalties

2015-02-25T09:49:26+00:00 February 25th, 2015|International Tax|

UHY International Study on Capital Gains Tax

G7 economies risk undermining entrepreneurship with excess taxes on the sale of businesses German business owners may pay almost half gains in tax and in France a third - by contrast BRICs economies pay just 16.7%. The tax take on business disposals in G7 economies risks seriously undermining entrepreneurship, with entrepreneurs in the G7 countries

2015-01-29T13:08:40+00:00 January 29th, 2015|International Tax, UHY International|

Introducing Capital Gains Tax Into New Zealand

UHY Haines Norton Managing Director Grant Brownlee considers the implications of a Labour government introducing Capital Gains Tax. We recently asked Labour’s Phil Twyford, MP for Te Atatu, whether Labour would introduce a Capital Gains Tax (CGT) if they are elected.  Phil indicated a CGT would be introduced within the first 100 days of their

2014-02-27T10:43:14+00:00 February 27th, 2014|Accounting and Taxation, International Tax|

Comparison of Australian and New Zealand Tax Rates

Based on figures released last year by Statistics New Zealand, some 1,000 New Zealanders move to Australia every week. It is often reported that New Zealanders migrate to Australia for economic reasons. This month we have provided a comparison of tax rates between the New Zealand and Australian tax regimes for a number of major

Corporate Tax Competition Heats Up

By Jim Martin, Tax Manager, UHY Haines Norton, Email In an increasingly globalised world, governments are under pressure to find ways to attract and retain businesses to their country and then to help those businesses compete against their international competitors. An increasing number of government’s now realise that one powerful tool they have to

Brazil and India hit businesses with highest sales and consumption taxes

High sales and consumption taxes in UK and Europe threaten consumer recovery Lack of federal sales tax keeps US sales taxes low Brazil and India hit consumers with the highest levels of consumption and sales taxes in the world, according to new research by UHY, the international accounting and consultancy network. UHY adds that behind

2012-12-14T09:00:51+00:00 December 14th, 2012|International Tax, UHY International|

Capital Gains Tax (CGT) on Australian Investment Properties

If you own a secondary or investment property in Australia, it is likely to be subject to capital gains tax (CGT) in Australia when sold. The Australian government is proposing to remove one of the CGT concessions from non-residents (including New Zealanders), with effect from 8 May 2012. At the time of writing the legislation

2012-10-24T18:00:17+00:00 October 24th, 2012|Accounting and Taxation, International Tax|