United Initiators’ (UI), a global market leader in the R&D, production of high-grade chemicals appointed UHY LLP, Farmington Hills, Michigan, US and UHY Deutschland AG, Germany to produce consolidated audit and reporting with global transparency. The UHY member firms’ team for UI has grown across their different divisions globally.
- 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