Crocodile Gold was a Canadian listed mining company which merged with Newmarket Gold Inc. trading publicly on the TSX. UHY Haines Norton (UHYHN) in Sydney, Australia was appointed to work with Crocodile Gold’s established group auditor McGovern, Hurley, Cunningham, LLP, Toronto, Canada.
- 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