Human Capital Alerts

Date Title 18/12/2009 India - New norms for granting Employment visas to Foreign Nationals 18/12/2009 Ukraine - Communication from State Tax Authorities doubles tax rate on Ukrainian source employment income earned by non-residents 16/12/2009 Portugal - Implementation of new social security code postponed 10/12/2009 South Korea - Significant changes in the taxation of foreign source income 09/12/2009 Egan LLP - Immigration: US Quarterly Update December 2009 - The immigration year in review 09/12/2009 Italy – 2010 Finance bill offers employers an opportunity to regularize their Social Security position with reduced penalties 08/12/2009 Norway - Norwegian government ends requirement for employers’ social security contributions for foreign personnel working on foreign vessels within Norwegian territorial waters 04/12/2009 India - Changes to the Indian exchange regulations relating to the receipt and remittance of remuneration outside India 04/12/2009 United Kingdom - UK Migration Advisory Committee recommends significant changes to the Tier 1 route 27/11/2009 Belgium/Québec - Social security totalization agreement expected to come into force in early 2010 26/11/2009 Italy - New legislation on advance income tax payments reduces the tax burden and triggers need for taxpayers to reassess their 30 November advance tax payments 25/11/2009 UK - Immigration alert - Changes to the Resident Labour Market Test requirement and accelerated roll out of Biometric ID cards for PBS migrant workers 24/11/2009 Portugal - New social security regime to come into force on 1 January 2010 24/11/2009 United States - Guidance released on new withholding rules for nonresident aliens working in US 22/11/2009 Brazil - Tax on Financial Transactions (IOF) on foreign investments in Brazil 20/11/2009 United Arab Emirates - Introduction of Wages Protection System – imminent deadline for employers with 100 or more employees 17/11/2009 India - Germany - India - Germany totalization agreement: Employee Provident Fund Organization releases Frequently Asked Questions and application form for Certificate of Coverage 16/11/2009 Taiwan - Ministry of Finance rules that foreign source income will be subject to the Alternative Minimum Tax from 1 January 2010 12/11/2009 Czech Republic - Parliament increases the cap on social security and health insurance contributions 12/11/2009 Luxembourg - Important updates in relation to new and forthcoming social security totalizations 10/11/2009 Italy - Italian tax authority provides opportunity to mitigate penalties in respect of the assets and transfers reporting obligations for employees 05/11/2009 India - Vigorous enforcement drive launched by the Indian Employees’ Provident Fund Organization to ensure social security compliance in relation to “International Workers” 04/11/2009 Australia - Revised draft legislation on tax rules for employee share plans enters Parliament 04/11/2009 United Kingdom - New procedural requirements in relation to foreign nationals working in the UK 02/11/2009 Italy - Italian government begins investigations into Italian residents with undeclared assets or transfers abroad following the introduction of the “tax shield” amnesty 30/10/2009 Europe - EEC Regulation No. 883/2004 officially published and will be implemented from 1 May 2010 29/10/2009 Italy - Italian government extends the application of the 12.5% flat rate tax to earnings from undertakings for collective investment based in EU and EEA countries 28/10/2009 India - Guidelines published regarding visas issued to foreign nationals triggers need for urgent review by employers 23/10/2009 Croatia - Introduction of new tax on personal income - UPDATE 23/10/2009 Romaina - Mandatory pension contributions for inbound workers to Romania 21/10/2009 Belgium - Belgium joins the global governance wave for sound remuneration practices 20/10/2009 Portugal - Special tax regime for inbounds 19/10/2009 Egan LLP - Canada Immigration Alert: What do proposed changes to temporary foreign worker regulations mean to you? 16/10/2009 Europe - Expatriate structures and EU law 12/10/2009 India - Indian Ministry of Foreign Affairs introduces new restrictions on visa applications submitted in the UK 09/10/2009 India - New guidelines for the grant of visas to foreign nationals working in India 07/10/2009 Egan LLP - US Immigration Alert - Unannounced random site visits to H-1B employers on the rise 07/10/2009 India / Belgium - Further guidance issued by the Employees’ Provident Fund Organisation on the conditions governing secondment / detachment 07/10/2009 Mexico - New Tax Reform Bill for individuals proposes tax rate increase in 2010 02/10/2009 China - The PRC State Administration of Taxation further clarifies individual income tax treatment on stock incentive income 22/09/2009 Changes to certain Chinese individual income tax policies and pilot administrative measures for treaty non-resident employees - Circular 124 22/09/2009 China - Changes to certain Chinese individual income tax policies and pilot administrative measures for treaty non-resident employees - Circular 121 18/09/2009 The Netherlands - Budget Day 2009 introduces measures to reduce administrative burdens for employers 14/09/2009 Russia - Russian immigration authorities now have more formal instructions for auditing compliance 08/09/2009 Bulgaria/Israel - Social security totalization agreement becomes effective 08/09/2009 United Kingdom - UK Home Office accepts Migration Advisory Committee recommendations 04/09/2009 India/Germany - additional administration and potential significant cost implications for employers as social security agreement becomes effective on 1 October 2009 04/09/2009 Singapore - Reassessment of tax under the deemed exercise rule 04/09/2009 Slovakia - Slovak parliament to debate proposed changes to the tax point of employee stock options 02/09/2009 Russia - Changes regarding personal income tax to be introduced to the Tax Code 26/08/2009 Russia - 2009 Immigration quotas 26/08/2009 United Kingdom - SAO certification – senior accounting officers of major companies required to personally certify the appropriateness of tax accounting arrangements 25/08/2009 Angola – New Personal Income Tax rates and updated minimum national wage 25/08/2009 Europe – Delay in introduction of EEC Regulation No. 883/2004 gives employers two more months to prepare 21/08/2009 Australia - Government releases draft legislation on tax rules for employee share plans 20/08/2009 Russia - Unified Social Tax (UST) has been replaced by insurance contributions 20/08/2009 United Kingdom - The Migration Advisory Committee (MAC) report 18/08/2009 India – Tribunal case highlights new developments in establishing residence in Indian under domestic rules 13/08/2009 Croatia - Introduction of new tax on personal income 12/08/2009 Italy - Italian government introduces a new tax amnesty for undisclosed assets held abroad. 10/08/2009 China - China turns its eyes to seconded expatriates’ compensation recharges 10/08/2009 India/Belgium - Significant additional costs and administration for employers as social security agreement becomes effective on 1Sept09 07/08/2009 Belgium - Moves out of tax information exchange grey zone 04/08/2009 United Kingdom – New opportunity to disclose offshore accounts 31/07/2009 Immigration: US Quarterly Update Jul 2009 - Increased worksite enforcement and I-9 audits 29/07/2009 Europe - European Council vote to implement EEC Regulation No. 883/2004 bringing wholesale changes to social security a step closer 29/07/2009 United Kingdom - Belgium - Double Tax Treaty – New protocol 28/07/2009 Europe - The Council of the European Union adopts Blue Card Directive for skilled migrants. 27/07/2009 Brazil - Amnesty granted to foreigners with irregular immigration status 16/07/2009 Canada Immigration Alert: Mexican and Czech Citizens Now Require Visas / Open Work Permits for Dependent Children of Foreign Workers in Ontario and Alberta 15/07/2009 Canada Immigration Alert: Mexican and Czech citizens now require visas 15/07/2009 Italy - The Italian government has doubled the penalties for any failure to pay or report taxes and has introduced a rebuttable presumption for undisclosed assets held abroad in tax havens 10/07/2009 Australia - Latest proposed changes to employee share plans – further work still needed 09/07/2009 Australia - New reporting obligations and potential cost savings for sponsoring employers 08/07/2009 India - Budget Alert 08/07/2009 The Netherlands - Supreme Court ruling provides potential for Dutch non residents to deduct mortgage interest from income earned in the Netherlands. 06/07/2009 The Netherlands - Taxation of pension entitlements following emigration: update on recent developments 29/06/2009 Belgium - Further social security totalization agreements to become effective 29/06/2009 Finland/Australia - Social security totalization agreement becomes effective 24/06/2009 US Immigration Alert - I-140 Premium processing set to return 22/06/2009 Belgium / India - New social security totalization agreement 17/06/2009 Denmark - Tax reform in Denmark 12/06/2009 United States - State Department warns of imminent visa unavailability 09/06/2009 Australia - Consultation paper released on employee share scheme changes 08/06/2009 United States - Foreign persons doing business in the US have no foreign bank account filing requirement for 2008 05/06/2009 US Quarterly Update - June 2009 04/06/2009 Singapore - Auto-inclusion scheme (AIS) for employment income 29/05/2009 Switzerland - Extension of EU social security regulations to include moves between Switzerland and Romania/Bulgaria 28/05/2009 New Zealand -Mandatory licensing of immigration advisers from May 2009 27/05/2009 Japan/Czech Republic - Social security totalization agreement becomes effective 27/05/2009 United States: Non-Ohio domiciled individuals may be required to file affidavit by 1 June 2009 26/05/2009 Canada Immigration Update May 2009 18/05/2009 Australia - 2009/10 Australian federal budget update 06/05/2009 Slovakia - Annual reconciliation of 2008 health insurance contributions 05/05/2009 United Kingdom - Immigration - UKBA announces consultation on significant restrictions to UK migration routes 28/04/2009 Europe - 5th anniversary of EU accession and the impact on extensions to E101 certificates 24/04/2009 Ireland - Immigration changes to the requirements for employment permits, spousal/dependant employment permits and green card employment permits 23/04/2009 Belgium - Lease of staff: recent case law may have an impact on international assignments to and from Belgium 23/04/2009 Italy - Italian tax authorities issue an official interpretation on the taxation of stock plans 23/04/2009 United Kingdom - 2009 Budget proposals