Sunnen Products Company in St. Louis, Missouri, US, is a world leader in bore sizing and finishing systems. UHY LLP in St. Louis, US, provides the company with audit, tax and consultancy services. UHY Advisors’ China Desk provided consultancy services for special issues at its subsidiary in China. Other UHY member firms provide audit, tax and consultancy services in Europe, Americas and Asia-Pacific regions.
- 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