Hidral S.A., based in Spain are manufactures of passenger and goods lifts and Platforms. UHY Fay & Co in Spain, co-ordinated the legal and administrative establishment of Hidral’s Russian subsidiary, working closely with their counterparts at UHY YANS-Audit in Russia.
- 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