Human Capital Alerts

Date Title 24/12/2007 Japan : Abolition of special tax reduction on capital gains and dividends 21/12/2007 United Kingdom : Consultation Paper on Proposals to Reform Visitor Routes into the UK 20/12/2007 United Kingdom : Recent Changes 19/12/2007 United Kingdom : Experts meet to assess the United Kingdom's migration needs 19/12/2007 United Kingdom : New Proposals announced by the Home Office 19/12/2007 United Kingdom : Simplifying Immigration law for the 21st century 14/12/2007 India : Tribunal rules tax paid by an employer qualifies as a non-monetary benefit 13/12/2007 Switzerland : Application of the expatriates regulations in the Canton of Zurich - Important cantonal tax decision 10/12/2007 Ireland : Extension of the remittance basis of taxation to UK sourced income 10/12/2007 United Kingdom : Government issued consultation document on reforming the residence and domicile rules 26/11/2007 India : Review Petition filed against a decision of the Supreme Court of India on Morgan Stanley & Co’s case 23/11/2007 Romania : Amendments to Social Security Legislation 22/11/2007 Luxembourg : Proposed tax measures for 2008. 21/11/2007 India - The Government introduces amendments to the rules for valuing benefits in kind provided to employees 21/11/2007 Netherlands & Germany - Mutual agreement between the Netherlands and Germany regarding the allocation of the taxation right of severance payments 20/11/2007 Canada : Proposed Non-Resident Income Tax Exemption for 2010 Olympic and Paralympic Winter Games 19/11/2007 United Kingdom : Domicile of choice – taxpayer loses appeal to the High Court 09/11/2007 France : Payroll deadline for Japanese, South Korean and Tunisian secondees to opt out of French Social Security for 2007 draws near 08/11/2007 Belgium : New tax efficient profit sharing opportunities in Belgium 08/11/2007 United Kingdom : Taxation of bonuses an issue of contention with UK Tax Authorities 05/11/2007 The Netherlands : Recent developments with regards to the 30% facility 26/10/2007 India : The Government issues rules for determination of the Fair Market Value (FMV) of equity shares for computing Fringe Benefit Tax (FBT) liability 25/10/2007 India : Advance Ruling on taxability of salary received in India by an employee of an Indian company for rendering services outside India 19/10/2007 United States : IRS Issues Proposed Regulations for Sourcing Athlete and Artist Compensation" 18/10/2007 United Kingdom : Impact of Proposed Changes to Capital Gains Tax on Share Plans 15/10/2007 United States and Canada: Fifth Protocol to the 1980 Canada- United States Income Tax Convention 10/10/2007 United Kingdom : Government Announces Major Reforms of the Residence and Domicile Rules and the Capital Gains Tax Regime" 04/10/2007 Ireland : Amendments to foreign employers Irish PAYE obligations 24/09/2007 The Netherlands : Budget Day 2007 18/09/2007 Czech Republic: Conditions under which the Czech social security authorities grant their consent with issuing the E101 06/09/2007 Brazil : Exempt Return Filing Required for Nonresidents 06/09/2007 Brazil: IRS's Severe Control on Individual Tax Returns Increases the Number of Taxpayers Receiving Notices 31/08/2007 Romania : Increase in Social Security Rates 30/08/2007 Australia : Revised ASX Corporate Governance Principles and Recommendations released 30/08/2007 Czech Republic : Tax Reform for 2008 23/08/2007 Belgium : Pending legislation to make LIMOSA exemption for business trips more flexible 07/08/2007 The Netherlands : Maximum tax rate to be applied where incorrect wage tax declarations are made 02/08/2007 The Netherlands : New Immigration Offices open to increase efficiency of immigration procedures 27/07/2007 India : Delhi High Court ruling on the taxability of Japanese citizen tax under the Income-tax Act 1961 24/07/2007 Luxembourg : New immigration regulations relating to the provision of “cross-border services" 20/07/2007 United States/Denmark : New Social Security Agreement Signed 19/07/2007 Hong Kong : Authorities issue a revised practice note clarifying methods used to assess the existence of a non Hong Kong employment 19/07/2007 India : Supreme Court ruling regarding the secondment of employees to India 18/07/2007 Uruguay: Tax Reform Law Establishes Individual Income Tax 04/07/2007 Australia – Immigration Alert – Amendments to the “457 Visa Program" 03/07/2007 Australia – Changes to Australian executive and director remuneration disclosure requirements 29/06/2007 Ireland-Irish Government’s new revenue guidelines on the taxation of Unapproved Share Options 07/06/2007 Brazil : Central Bank Return Filing Date Extension 07/06/2007 United Kingdom : HMRC issue revised guidance regarding the taxation of stock options granted to individuals when not resident in the UK 31/05/2007 Italy : Italian Tax authorities open to more flexible interpretation of the three-year minimum vesting period for Stock Options (SOs) 27/05/2007 New Zealand : New National Savings Scheme KiwiSaver opens July 2007 22/05/2007 India : Finance Act 2007 receives parliamentary approval 18/05/2007 United States : Guidance on Treatment of Deferred Compensation Plans - Provisions Governing Foreign Arrangements 14/05/2007 India : Amendments to the Finance Bill 2007 propose a reduction in the taxable value of accommodation provided to employees by their employers at concessional rent 07/05/2007 India: Amendments to the Finance Bill 2007 recommend further changes to the original proposal on taxation of stock options 07/05/2007 Netherlands : Work permit requirement abolished for employees from Poland, Lithuania, the Czech Republic, Slovakia, Latvia, Slovenia, Estonia and Hungary 23/04/2007 Belgium : LIMOSA tracking system enters into force 23/04/2007 Belgium : Pending Legislation to overhaul the system for Work Permit exemptions 23/04/2007 Singapore : Changes to the definition of basic salary for Employment and S Pass applications 19/04/2007 Brazil : Adjustment to Social Security Tax Table 19/04/2007 UK : Tax Authorities announce a Tax Amnesty for disclosure of offshore tax irregularities 18/04/2007 Ukraine : Income tax treaty with Slovenia confirmed 16/04/2007 Australia : Tax Bill revises the taxation of stapled securities provided under employee share plans 16/04/2007 OECD : Public Discussion draft on short term assignments 11/04/2007 United States : Guidance Clarifies US Limitations Period on Assessment for USVI Taxpayers 06/04/2007 United States : Protective Refund Claims for State Tax Paid on Out-of-State Bond Interest 05/04/2007 Czech Republic : New Tax Reform proposals for 2008 04/04/2007 Australia : Living away from home allowance – Food guidelines 22/03/2007 Russia : Immigration: Interpretation of new enrolment rules 21/03/2007 Australia : Amendments to Australia’s Migration Act 1958 to prevent illegal employment 20/03/2007 Thailand : Changes to the personal income tax requirements for 2006 return 19/03/2007 Belgium & France : Agreement reached on taxation of frontier workers 19/03/2007 Singapore : 2007 Budget Update 19/03/2007 UK: Immigration - Introduction of Biometrics Programme and Tuberculosis Screening for Visa applicants from Pakistan 07/03/2007 Argentina : New Social Security Regulations For Self-Employed 07/03/2007 OECD : Public Discussion draft on short term assignments 06/03/2007 India : Highlights of the 2007 Budget proposal 06/03/2007 Ukraine : Changes for Personal Taxation in 2007 02/03/2007 Hong Kong : 2007/08 Budget Proposal 27/02/2007 China : Greater Flexibility for Equity-based Incentive Plans 27/02/2007 United States : IRS Updates 2006 Adjusted Limitations on Housing Expenses Under Section 911 22/02/2007 Australia : Proposed Changes to Reporting Requirements for Director and Executive Remuneration for Australian companies 21/02/2007 Germany : Tax Authorities increase enquiries into Church Tax liability for expatriates 20/02/2007 Sweden : Proposed legislation opens the Swedish pension market to EU/EEA pension providers." 19/02/2007 Belgium : LIMOSA Requirements 15/02/2007 Ireland : New work permit regulations published January 2007 09/02/2007 Denmark : Draft bill proposes a reduction in the rate of Danish Corporation Tax and a corresponding increase in the rates of tax on share income of individuals. 09/02/2007 Russia : New sanctions for immigration violations now in force 07/02/2007 Russia : Tax Amnesty Bill approved by President 07/02/2007 UK : HM Revenue & Customs publish guidance on how to claim relief on contributions to a US pension scheme under the UK/US double tax treaty 05/02/2007 UK : Proposed UK Borders Bill to increase obligations for foreign nationals in the UK 01/02/2007 Italy : 2007 Financial Act reintroduces Inheritance and Gift Tax 29/01/2007 Italy : Italian Tax Authorities issue clarification on treatment of stock options 25/01/2007 Sweden : Proposed changes to the taxation of Employee Stock Options 22/01/2007 Czech Republic : Changes in practice of Social Security authorities in granting Certificate of Coverage applications 22/01/2007 France : Individual Income Tax and Wealth Tax – January 2007 19/01/2007 France : Social Security developments 19/01/2007 Italy : Changes introduced by the 2007 Tax Bill 18/01/2007 Japan : French social security tax to be deductible from taxable income in Japan from 2008 16/01/2007 Luxembourg : New tax measures effective 1 January 2007