ATP Oil & Gas Corporation is engaged in the acquisition, development and production of oil and natural gas properties. In 2005, ATP chose UHY Advisors, US, for Sarbanes-Oxley work because of its international organisation and experience. The same methodology and tools were used by UHY in both the US and the UK, resulting in seamless client service delivery and project integration.
- No inheritance tax in emerging economies such as China, India and Russia
- Major economies under pressure to abolish unfair ‘death tax’
- Emerging economies resist introducing IHT in order to attract investment
• Yet almost no difference between lower income tax payers in G7 and BRIC countries
• Russia has lowest rate for top earners