Taxonomy: Sector Affected - 72
Water transport services
Ghana: Increase of withholding tax on foreign service providers
Description
Effective 1 January 2011, the government has increased the withholding tax on foreign service providers. Implemented via the Budget 2011, foreign service are now taxed at 15 rather than 5 percent.China: Establishment of a ministerial committee to evaluate M&A's against the national interest
Description
On 3 February 2011, the government of China announced the formation of a ministerial committee to evaluate mergers and acquisitions with respect to the national interest.China: A national security review system on M&A of local companies by foreign investors, temporary measures
Description
On 12 February 2011, the Chinese State Council released the Notice on Establishing System of Security Review on Merger and Acquisition of Local Companies by Foreign Investors (Guo Ban Fa [2011] NO.United States of America: Buy-local requirement of Ohio for services
Description
Governor Ted Strickland (Democrat of Ohio) issued an executive order on August 6, 2010 that prohibits the expenditure of public funds for services provided offshore.China: General Analysis on Several Opinions of the State Council on Further Utilizing Foreign Capital
Description
On April 6, 2010, the State Council issued the Several Opinions of the State Council on Further Utilizing Foreign Capital("Opinions" ,Guo Fa [2010] No. 9). The Opinions refer to the five matters as follows:China: Housing purchasing by foreigners and overseas organizations will be strictly limited in China
Description
On November 15, 2010, the Ministry of Housing and Urban Rural Development (MHURD) of the PRC and State Administration of Foreign Exchange (SAFE) jointly issued the Notice NO.Republic of Korea: Special financing measures to preserve shipyard's supply chains
Description
On 1 April 2009 the Export Import Bank of Korea announced it was making even more resources--now totally 4 billion Won--available to Korean shipyards "in order to improve financial standings of about 5,000 SME (small and medium enterprise) suCanada: Facilitation of international cargo shipments
Description
As part of its Economic Action Plan, the Canadian parliament passed an extension of the duty-free status for international cargo shipments on 16 December 2009.Nigeria: Preference to local companies in new oil industry law
Description
The Nigerian Oil and Gas Industry Content Development Bill (2010) has been signed into law by the acting president Goodluck Jonathan.Nigeria: Cargo tracking note introduced.
Description
The Nigeria Ports Authority has introduced a Cargo Tracking Note System which it says will improve cargo security and safety.
