India: Double Taxation Relief for Companies, New Minimum Wage for Contract Workers In a relief to companies and individuals having overseas income, the Central Board of Direct Taxes (CBDT) drafted a set of new rules to simplify the use of Foreign Tax Credits (FTC). The proposed framework will allow companies and individuals to claim credits on…
EU Says Yes to Trade Secrets Directive The European Parliament, in April, approved a new directive on the protection of trade secrets that will provide common minimum statutory standards for all member states and most importantly provide a clear definition of what constitutes a trade secret. As per the directive, a trade secret is: Information…
A US technology manufacturer was experiencing the challenges of growth. Revenue, shipments, payables, and the number of vendors were all rising at double-digit rates. The company engaged Global Upside to address the challenges and implement new systems to enable the company to manage its growing accounts payable workload. Read this case study to find out how Global Upside cleared their accounts payables logjam in a matter of weeks.
An application networking company leveraged a leading payroll system to centralize its global payroll but complex APAC regulations, voluminous payroll data, and stock options made the transition extremely challenging. Global Upside undertook the payroll transition for Australia, China, Hong Kong, India, Japan, Malaysia, Singapore, and Taiwan. Read this case study to learn how Global Upside helped the client transition from a payroll system with several service providers across different countries, to a single system, single-vendor model.
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