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Amendments to the Russian Limited Liability Company Law following Federal Law No. 228-FZ of July 18, 20111 on improving creditors' rights entered into force on January 1, 2012. The amendments provide for the establishment of specific rules for the calculation of the net assets of a...

The Finnish parliament has approved certain amendments effective as of January 1, 2012 to the Finnish tax laws. To mention a few of the most essential ones: - The corporate profit tax rate is decreased from 26% to 24,5%; - The tax rate for capital income is...

The government today introduced a bill to the parliament on tax rates for fiscal year 2012, as well as certain amendments to the income tax act and certain other tax acts. According to the bill, the corporate profit tax rate would be decreased from the current...