PwC issues Summaries of Taxes Worldwide - 'Worldwide Tax Summaries - Corporate Taxes - 2011/12'

PRESS RELEASE
31 January 2012

Rates and rules from 146 countries at a glance

PwC has published 'Worldwide Tax Summaries-Corporate Taxes 2011/12', its latest compendium of worldwide corporate tax rates and rules. The 146 country summaries, written by local PwC firm tax specialists, include information about changes in legislation, residency, gross income, deductions, tax credits and incentives, tax administration and other tax-related historical and economic data. The information is believed to be the most complete of its kind.

"Increasingly, businesses that trade or operate across a number of different countries need to remain up-to-date on the latest changes to tax policy and keep tabs on the varying tax rates and rules," said Richard Collier-Keywood, vice chairman Tax for the PwC network. "Using the unmatched resources of PwC's worldwide network of tax professionals, we track the latest information and put the world's taxes at their fingertips."

Nicos P Chimarides, Partner, In charge of Direct Tax Services in PwC Cyprus stated that “this publication is a very important tool for businesses as it provides direct and quick access to information about the tax system of 146 countries. Developments are continuous and all of us in PwC are always available to support our clients with our global expertise in order to become flexible and always remain up-to-date”.

In addition to the printed volume, PwC's free online version of the summaries -- www.pwc.com/taxsummaries -- allows users to search for information on 20 categories of corporate and individual tax information. The online version is updated within 30 days of significant tax developments, with dates provided for the latest revisions. There is also a listing of tax specialists at PwC member firms around the world who can offer advice and support.

The PwC tax and legal services network has member firms in 151 territories, with 2,357 partners and 32,852 staff, who offer high quality advice and support worldwide and can provide both a domestic and cross-border perspective to clients' tax challenges.

Notes:

PwC firms help organisations and individuals create the value they’re looking for. We’re a network of firms in 158 countries with close to 169,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com.

"PwC" is the brand under which member firms of PricewaterhouseCoopers International Limited (PwCIL) operate and provide services. Together, these firms form the PwC network. Each firm in the network is a separate legal entity and does not act as agent of PwCIL or any other member firm. PwCIL does not provide any services to clients. PwCIL is not responsible or liable for the acts or omissions of any of its member firms nor can it control the exercise of their professional judgment or bind them in any way.

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