Duke Manufacturing is an industry leader in the design and manufacture of equipment solutions for the food-service industry, including major restaurant chains and dining facilities for schools and other institutions. UHY member firms in the Americas, Asia-Pacific and Europe regions provided audit and tax services for the parent company, and accounting, VAT, payroll and tax compliance services for its subsidiaries.
- 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