Pwc worldwide tax summaries 2012 pdf

Worldwide tax summaries corporate taxes 201718 pwc. The fully mobile compatible worldwide tax summaries online tool gives you quick and easy access to the most up to date information available for all countries. To help you stay informed, well be updating this hub with all the latest comments and analysis as the situation develops. Tajik residents are taxed on their worldwide income.

The global automotive tax guide is only available in pdfformat. On a countrybycountry basis, each summary addresses the major taxes applicable to business. Personal tax rates the following income tax rates apply to individuals. The information in this book is based on taxation law, legislative proposals and.

Fully mobile compatible online tool, updated regularly by local pwc tax specialists. For tax years beginning after december 31, 2012, a 3. Worldwide tax summaries corporate taxes 201718 is a useful reference tool, to help you manage taxes around the world. This change is being phased in over three years, commencing. Worldwide tax summaries corporate taxes 201819 is a useful reference tool, offering quick access to information about corporate tax systems in 152 countries worldwide, in an easily digestible format. Capital cost recovery across the oecd introduction lawmakers are currently looking to reform the united states corporate tax code, mainly focusing on the high corporate income tax rate. In compiling this publication, member firms of the pkf network have based their summaries on information. The country summaries are prepared by local pwc tax specialists, who are fully aware of changes in legislation, both actual and planned, and who understand these changes in detail. Written by local pwc tax specialists in each country, this guide covers recent change. With clients ranging from multinational organisations and public sector bodies to entrepreneurs and family businesses, the work we do is diverse. Us tax reform could give rise to sweeping, complex changes for companies with a us footprint. The summaries outline the tax rates and major features of the tax laws that affect taxation of corporate entities in the countries covered. On 26 june 2012, the double tax treaty dtt with chile was terminated. Pwcs online tool will help you make informed decisions with the most uptodate and relevant details about tax systems in more than 150 territories worldwide.

Global tax accounting july september 2012 tax news. It provides uptodate business critical information on vatgst rates, rules and requirements around the world to help you maintain control, mitigate risk and improve the overall effectiveness of your vatgst function. Iii pkf worldwide tax guide 2012 preface the pkf worldwide tax guide 2012 wwtg is an annual publication that provides an overview of the taxation and business regulation regimes of 100 of the worlds most significant trading countries. It offers quick access to information about corporate tax systems in 157 countries worldwide, in an easily digestible format. The pkf worldwide tax guide 201617 wwtg is an annual publication that provides.

None of these 37 countries switched from exemption to a credit or other system during this period. This convenient reference tool will help you stay uptodate on the federal as well as provincial and territorial tax. To request access to all the insights and resources across the pwc suite, click the button at the top of the pages. Browse our indepth guides covering corporate tax, indirect tax, personal taxes, transfer.

Worldwide tax summaries wwts is an online summary of basic information about corporate and individual taxes in 157 countries worldwide. The reference guide worldwide tax summaries corporate taxes 201718 can be downloaded for viewing on most digital devices as a pdf or ebook. Its history, its culture and the diversity of its landscapes attract over 75 million tourists per year. Written by local pwc tax specialists in each country, this guide covers changes in tax legislation as well as key information about income taxes, residency, income determination, deductions, group taxation, credits and incentives, withholding taxes. Pwc worldwide tax summaries wwts is a key reference tool for all tax practitioners. Pwc is the leading provider of tax services in the uk, in terms of the reputation, size and scope of our tax practice. We are sharing our annual guide, doing business in the united states, earlier. Worldwide tax summaries corporate taxes 201819 offers quick access to information about corporate tax systems in 152 countries worldwide. Pwc globalvatonline is an online subscription service. Pwc has been practising in the united arab emirates for over a quarter of a century, and specialises in audit, assurance, business advisory services, and tax and legal services. Pwc worldwide tax summaries corporate 2015 16 value.

Capital cost recovery across the oecd tax foundation. Introduction doing business in france economic environment france is considered to have a welldeveloped economy and has one of the highest hdi human development index in the world. Pwc legal an overview worldwide tax summaries services pwc paying ta 2020 overall ranking and data tables pwc doing business in the united states federal tax issues pwc corporate tax rates around the world 2018 foundation. It represents a rich source of general guidance that will enable you to effectively proceed with your tax planning in a timely manner. A monthly journal, published by pwc south africa, that gives informed commentary on current developments in the tax arena, both locally and internationally. April 17, 2012, april 16, 20 and march 6, 2014 budgets announced no changes related to tax rates. The applicable duty rate generally is determined based on the origin of the goods. On 11 july, pwc hosted a webcast featuring pwc specialists who discussed the current state of transfer pricing strategy for mnes. Corporate and individual taxes in 151 territories worldwide. In 2012, praxity conducted a survey across 20 countries to assess the taxation of. An exemption from customs duty applies to machinery and equipment imported by a. Case laws the allahabad high court, in itc limited vs.

This pdf is bookmarked for easy access to summaries of interest. Worldwide tax summaries cuts through those complexities. Complementing our depth of industry expertise and breadth of skills is our sound knowledge of the local business and regulatory environments across the middle east. In 2012, algeria had the highest rate of tax revenue as a percentage of gdp 37. Taxes in iceland 2012 pwc 4 children born on or after 1 january 1997 pay 6% income tax on income over isk 100,745 per year and they are not entitled to personal tax credits. Changing tax rates or adjusting the balance between direct. Worldwide tax summaries corporate taxes 201516 all information in this book, unless otherwise stated, is up to date as of 1 june 2015 this content is for general information purposes only, and should not be used as a substitute. T pma nal cor rate rate average 2007 moa 20 2009 2011 2012. The responses to this consultation were published on 2 october 2012, along with an outline of the proposals which the. Watch the webcast replay below and register for future webcasts in pwcs tax reform readiness series, which addresses other areas affected by tax reform. In tax assessments 2012, 20 and 2014, a special wealth tax will be levied on personal assets that are or were liable for tax at the end of 2011, 2012 and 20. The deloitte international tax source dits is an online database featuring tax rates and information for 66 jurisdictions worldwide and country tax highlights for more than jurisdictions. Private client services network, which comprises professionals from ey member firms. Through analysis of and comment on new laws and judicial decisions of interest, synopsis helps executives to identify developments and trends in tax law and.

Touching lives through mobile health assessment of. The annual rate of property tax on watercraft is calculated at amd 150 for each horsepower of tax base. Before 1 july 2012, prrt applied only to offshore projects that. Albanian law applies the principle of worldwide taxation. This useful online tool will help you make informed decisions with the most uptodate and relevant details about tax systems in more than 150 territories worldwide. A message from our tax leader welcome to pwcs 40th edition of tax facts and figures. Worldwide tax summaries is a useful tool, to help you find tax information from around the world. Pwcs worldwide tax summaries corporate taxes 2012 provides a summary of basic information about corporate tax systems in over 150 countries and territories. An individual is tax resident in cyprus if he spends in cyprus more than 183 days in any one calendar year. According to pwc worldwide tax summaries, out of 37 highincome countries, 19 had an exemption system in 1998, rising to 27 in 2008 1.

The withholding rates on different types of income vary from one country to another, and additional complexities arise from a countrys tax system itself if valueadded tax vat or other indirect taxes exist. Foreword the country summaries, written by our local pwc tax specialists, include recent changes in tax legislation as well as key information about income taxes, residency, income determination, deductions, group taxation, credits and incentives, withholding taxes, indirect. Taxes, it has been excluded from the paying taxes analysis which therefore covers 189. It provides details about tax systems in over 150 territories worldwide, in an easily digestible format. Recent and upcoming major tax law changes and the tax accounting implications. In absolute figures, the total tax contribution of the participants amounts to 672 m out of which 188 m are classified as taxes borne and 484 m as taxes collected. Tax rate per horsepower amd 100 amd 200 pwc worldwide tax summaries armenia the annual property tax on motorcycles is calculated at the rate of amd 40 for each horsepower of tax base. As announced in the march 26, 2009 budget, the general rate was to be reduced to 12% as of july 1, 2010, to 11. Quick access to information about corporate tax systems in 155 countries worldwide. Manoharan taxation pdf manoharan taxation pdf manual market. The pkf worldwide tax guide 201819 wwtg is an annual publication that provides an overview of the taxation and business regulation regimes of the worlds most significant trading countries. Pwc 2 tax first october 2012 tax first october 2012 earlier this year, hmrc also issued a consultation document which looked at possible changes to the tax rules on interest and the deduction of income tax from interest. Corporate and individual tax information at your fingertips.