Press Release

The Bulgarian Ministry of Finance announced new amendments to the application of VAT laws which includes compulsory deregistration of certain foreign entities for VAT.

Kovair Software, a leading provider of Integrated ALM solutions, announced the availability of a new OSLC Wrapper product that enables sharing of data through live linking between application lifecycle artifacts originating from multi-vendor ALM tools.

Netmagic Solutions, India’s largest pure-play Managed IT Hosting Services Provider and Spectranet, India’s fastest growing integrated communication services provider, announced a strategic partnership to collaborate across multiple business avenues. As part of this partnership Spectranet will set up India’s first multi-location commercial DiD (Datacenter-in-Datacenter) across Netmagic’s datacenters in Mumbai, Noida, Bangalore and Chennai.

February 10, 2012 - Recent modifications to Mexico’s foreign trade rules make it mandatory for export and import businesses to file information regarding customs transactions electronically.

The Inland Revenue Department said that it will issue the applicable version of “Employers return of remuneration and Pensions” (BIR 56A) on April 2, 2012

Singapore announced a cash grant for small and medium enterprises along with a slew of other announcements including a new scheme for enhancing productivity and innovation during its budget statement on February 17, 2012.

Argentina has implemented a new trade regulation which makes it mandatory for companies to declare the amount of goods being imported into the country by signing an official document beforehand. Effective February 1, 2012, all registered importing companies are required to fill in the Anticipated Sworn Declaration of Imports (Declaracion Jurada Anticipada de Importacion - DJAI) application. 

India's Supreme Court on Friday ruled in favor of Vodafone Group’s appeal against a $2.2 billion tax bill on its purchase of a 67% stake in India's Hutchison Essar Ltd.

China’s tax policy framework for 2012 largely focuses on reducing taxes for both individuals and small businesses to maintain economic growth and stability. China’s Ministry of Finance presented the tax policy framework for 2012 during the National Finance Work Conference in Beijing.

Nair & Co., the leader in international business expansion services, announced a record 40% growth in 2011 resulting from substantially greater demand for its outsourced accounting, payroll, compliance, legal and other consulting services.