OceanConnect, based in New York, US, is a global brokerage firm. It provides its clients with 24/7 coverage for energy and energy-related brokerage services. UHY provided audit, accounting and international tax services through a number of member firms in various locations.
- 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