Pidilite Industries is a leading manufacturer of adhesives, sealants, paints, art & craft materials and specialty chemicals. UHY in UAE originally supported the acquisition of a manufacturing facility in the UAE which provided the opportunity for UHY member firms to seek possible acquisition targets elsewhere.
- 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