Specialized Technology Resources, Inc. (STR) is a leading testing and compliance monitoring company with laboratories and offices globally. UHY firms in several countries assisted in completing the consolidated financial statements and local tax compliance requirements.
- 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