Italy’ s Austerity Measures Mean Tax Increases for Some
On 22 December 2011, the Italian Parliament approved new economic measures, dubbed as the “Save Italy” Act, proposed by the new Italian government led by Prime Minister Mario Monti. Law no. 214/2011...
View ArticleUnited Kingdom: New Treaty with Barbados Signed
Her Majesty’s Revenue & Customs (HMRC) in the United Kingdom has confirmed that a new income tax treaty between the U.K. and Barbados was signed in Barbados on 26 April 2012. This treaty generally...
View ArticleUnited Kingdom: First-Time Treaty Signed with Liechtenstein
Her Majesty’s Revenue & Customs (HMRC) in the United Kingdom has confirmed that a new first-time comprehensive income tax treaty between the U.K. and Liechtenstein was signed in London on 11 June...
View ArticleCayman Islands: New Payroll Tax Proposed Would Hit Expatriate Employees
Cayman Islands Premier McKeeva Bush announced on 25 July that the government was considering plans to introduce a “community enhancement fee,” a payroll tax on expatriate employees.1 The plan calls for...
View ArticleNew Zealand – IRD Updates Its Position on Tax Residence
Close on the heels of its announcement on accommodation benefits last week 1, New Zealand’s Inland Revenue has released a draft Interpretation Statement 2 on tax residence. The draft Statement updates...
View ArticleAustralia: Simplification of Visitor Visas
From 23 March 2013, the current visitor visa stream is to be “simplified.” This is in line with the Australian government’s commitment to reduce the total number of visa subclasses by 50 percent by...
View ArticleTIME Relocation launch new website
The London Totally Expat Show is fast approaching and with it the launch of TIME. The new face of relocation is one step closer and so in advance of the system, TIME Relocation are delighted to...
View ArticleUnited Kingdom – Changes to Short-term Business Visitors Agreement Published
Her Majesty’s Customs & Revenue (HMRC) in the United Kingdom has published a new “Short Term Business Visitors (Appendix 4) agreement.” In this Flash International Executive Alert we briefly...
View ArticleBrazil: Adapts Work Visa Procedures and Creates New Category Geared Towards...
On May 17, the Brazilian government published two new normative resolutions to immigration law. The new resolutions, which are already in effect, make some changes to its work visas and create a new...
View ArticleUNITED STATES: Immigration Legislation Clears Senate Judiciary Committee
On May 21, the Senate Judiciary Committee voted 13-5 to advance the Border Security, Economic Opportunity, and Immigration Modernization Act of 2013 (S.744), which includes a path to citizenship for 11...
View ArticleBelgium: Parliament Examines New Legislation on Tax Amnesty
On 24 June 2013, the Finance and Budget Commission of Belgium’s Chamber of Representatives adopted a draft legislation providing for a temporary tax (and social) amnesty.1 While permanent tax...
View ArticlePoland: Parliament’s Lower Chamber Approves Ratifying Act for Poland – U.S....
On 21 June 2013, the Sejm, the lower chamber of the Polish Parliament, passed the ratification act to the new Convention between the Republic of Poland and the United States of America for the...
View ArticleAustralia: Trans-Tasman Superannuation Portability; Temporary Residents’ ESS...
This article highlights some recent tax-related developments in Australia potentially affecting individuals – including those on international assignments – and their multinational employers. The...
View ArticleBelgium: New Law on Tax Amnesty Enters into Force
The law providing for a temporary tax (and social) amnesty was adopted by the Belgian Parliament and published in Belgium’s official gazette on 12 July 2013. While permanent tax regularization has...
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Spain: New Law Ushers in Incentives for Individuals Investing in Start-Ups
In this Flash International Executive Alert we examine the new tax credits for individuals who are Spanish tax residents, which were introduced by recently-approved Spanish Law 14/2013 to support...
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NEW ZEALAND: Tax Bill Changes Treatment of Employee Benefits
New Zealand’s omnibus Taxation (Annual Rates, Employee Allowances, and Remedial Matters) Bill (the “Bill”) was recently introduced. In this Flash International Executive Alert we focus on one of the...
View ArticleUNITED KINGDOM: Details Published on Preventing Use of Dual Contract...
The United Kingdom is implementing new rules that will make it more difficult to use “dual contract” arrangements to lower the U.K. income tax liability of certain foreign nationals. Last week, HM...
View ArticleUNITED STATES: Deadline Coming Up for H-1B Visa Petitions for 2015
Employers that engage foreign workers coming into the United States on H1-B visas are reminded of the rapidly approaching April 1, 2014 “deadline” for the filing of H-1B visa petitions for Fiscal Year...
View ArticleITALY: 20% Withholding on Transfers from Foreign Banks Suspended
A 19 February 2014 communication from the Italian Finance Ministry publicly announced an immediate suspension of the 20-percent withholding tax to be applied by Italian Intermediaries on funds received...
View ArticleUNITED KINGDOM: Amended Legislation to Prevent Tax Avoidance Using Dual...
The U.K. Finance Bill 2014, published today, includes provisions aimed at preventing the avoidance of income tax by a small number of non-U.K. domiciled individuals who work under arrangements commonly...
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