Taxonomy: Sector Affected - 74
Supporting and auxiliary 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: 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.Qatar: Increase in foreign ownership ceilings
Description
On 1 February 2010, Sheikh Hamad bin Khalifa Al Thani signed Law Number 1 of 2010 including amendments to foreign ownership ceilings of certain businesses.United States of America: Buy American provisions for Amtrak
Description
The Consolidated Appropriations Act of 2010 (designated as H.R.3288 and now Public Law 111-117) provides funding for six departments of the U.S.Germany: KfW-run Special Programme 2009
Description
On 19 December 2008, Germany notified the KfW-run Special Programme 2009 ("KfW-Sonderprogramm 2009").China: Relaxation on certain rules on foreign investments in travel agencies.
Description
According to the joint report of the WTO, the OECD and UNCTAD on G20 Trade and Investment Measures, published on 14 September 2009, China changed its travel agency regulation on 1 May 2009.Malaysia: Liberalisation of FDI regime
Description
In April 2009, the Malay government has implemented the follwing steps to liberalise its foreign direct investment framework.Germany: Review of foreign investments on national security and public policy grounds.
Description
On 18 April 2009 the German legislature passed the Thirteenth Law Amending the Foreign Trade Law and Foreign Trade Regulation. According to the OECD: "Germany amended its Foreign Trade and Payments Act (Außenwirtschaftsgesetz).Algeria: Adverse tax treatment of foreign investment
Description
The Supplementary Budget Act of 2008 and the Finance Act of 2009 contain provisions that are detrimental to the interests of foreign investors. According to KPMG:
