TOYA S.A. is a market leader in the Polish hand and power tools for both professional and household use. The TOYA group has subsidiaries in Romania and china and an extensive sales network in Europe, Asia, Africa, Australia, and Central and South America. Our member firm, UHY Audit CD S.r.l., Romania, provided audit services to TOYA Romania S.A.
- 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