Rimini Street, an independent provider of SAP enterprise software support services, has issued updates for SAP and Oracle E-Business Suite clients with operations in Asia-Pacific as part of its 2016 global tax, legal and regulatory updates for nearly 200 countries.
For India, updates include new electronic tax payment requirements, including changes to the ceiling on tax rebates under Section 87A, changes in surcharge rates and updates to deductions related to home loan Interest and rent paid.
The Malaysia updates include changes to income tax relief for individual taxpayers, the reduction of Malaysia’s Employee Provident Fund contributions, changes to the CP39 Schedular Tax Deduction form, and form layout changes for CP8E, as defined by the Inland Revenue Board (IRB) of Malaysia.
For New Zealand, updates effective 1 April include minimum wage and paid parental leave increases, changes to Accident Compensation Corporation (ACC) levy rates and the extension of parental leave payment to more employees, while the Singapore updates satisfy new, itemised payslip requirements.
For the United States and Canada, updates include numerous tax, legal and regulatory changes required by the US Internal Revenue Service (IRS) and the Canada Revenue Agency (CRA), as well as various state, local and governmental agencies.
“With over 110,000 updates delivered to date, Rimini Street has a long, successful history and proven track record of providing mission-critical tax, legal and regulatory updates to our Oracle and SAP clients in every major region of the world,” said Paul Henville, group vice president, global product delivery, Rimini Street.
“Through our patent-pending research technology and proven methodology, combined with ISO-certified development processes, Rimini Street is committed to ensuring that our clients maintain compliance with the help of our accurate, superior-quality tax, legal and regulatory updates delivered consistently ahead of the vendor’s own planned delivery dates,” he said.
Rimini Street has recently attained a perfect ISO 27001 Information Security Management System (ISMS) certification score for the third year in a row. Rimini Street remains the only independent enterprise software support provider to attain this certification, which, according to the company, ensures protection, integrity and availability of data for its prospects, clients and business partners.
