Human Capital Alerts

Date Title 21/12/2006 Poland : Personal Income Tax changes for 2007 20/12/2006 India: Advance Ruling on taxability of reimbursement of salary costs by an Indian company to a non resident company of India as fees for technical services 20/12/2006 Ireland : Treatment of travel and subsistence expenses for temporary assignees from abroad working in Ireland 20/12/2006 Japan : Extension of special tax reduction on Capital gains and dividends 20/12/2006 New Zealand : Amendments to tax exemption rules for new migrants and returning New Zealanders 18/12/2006 Czech Republic : Changes in the social security legislation 18/12/2006 Italy : Amendments to the “No-tax area” exemption threshold affecting Italian non-residents. New enforcement date 15/12/2006 United Kingdom - Introduction of Identification Cards 13/12/2006 Netherlands : Parliament accept proposal to abolish corporate income tax deduction for equity incentives 12/12/2006 Romania, Bulgaria - EU Accession – Social Security Issues 12/12/2006 Sweden : Recommendation from the Swedish Tax Authority regarding gross-up calculation of a net salary" 12/12/2006 The Netherlands : ‘Economic employer’ concept applied by the Dutch Supreme Court 12/12/2006 UK & Japan : New Double Tax Treaty Comes Into Effect" 06/12/2006 UK : Controlled Access to the UK Labour Market for Romanian and Bulgarian Nationals 06/12/2006 UK : Suspension and Changes to the Highly Skilled Migrant Programme Scheme 05/12/2006 Finland : Changes to taxation of foreign hired-out employees and payments for services rendered in Finland by non-residents 05/12/2006 Finland : Changes to the expatriate tax regime 04/12/2006 UK : Initial Guidance from Her Majesty’s Revenue & Customs on Recent Residency Case Decision 01/12/2006 Belgium : Totalization Agreement between Belgium and Japan 01/12/2006 The Netherlands : New immigration procedures for employees from Bulgaria and Romania" 30/11/2006 Italy : Tax Authorities provide some initial clarifications on new Tax Law on Stock Options 30/11/2006 Norway : Proposed Changes to Exit Tax Regime 28/11/2006 India: Advance Ruling on non taxability of salaries received in India by a non resident for rendering services outside India 27/11/2006 Italy : Tax Law on Stock Options definitively approved 23/11/2006 China : Notice issued clarifying the procedures for the Individual Income Tax Self-Declaration Trial 22/11/2006 China : Circular 902 issued providing more clarification on the taxation of Stock Options 22/11/2006 United States: Settlement Initiative Allows Employees of Certain Foreign Employers to Correct Employment-Related Income Tax Matters 20/11/2006 United States : New Rules on Residency in US Territories Issued, with One Alternative Added 17/11/2006 United Kingdom : Special Commissioners ruling could affect determination of residency status 27/10/2006 Brazil : Changes to Visa Concession for Foreign Professionals Working Onboard Foreign Vessels or Platforms 27/10/2006 Brazil : Reduction to Government Severance Indemnity Fund Rate 17/10/2006 France : practical implications of the favourable tax regimes for “impatriates” and for mobility premiums" 16/10/2006 Belgium and India : Indo-Belgian Totalization Agreement 16/10/2006 Netherlands – District Court: employer contributions to foreign pension schemes no longer taxable under EU law 11/10/2006 Germany : Taxation of Tradable and Non-Tradable Stock Options 11/10/2006 Russia : Amendments to the Russian Immigration Legislation 09/10/2006 United States: Treasury Issues Section 911 Housing Guidance 06/10/2006 Mexico : Cash Disbursement Controls 05/10/2006 Australia : Superannuation simplification proposals clarified 05/10/2006 France : Finance Act 2006 05/10/2006 Italy : New Changes to the Recently Approved Tax Law on Stock Options 03/10/2006 Netherlands: Work permit requirements for employees from Central and Eastern Europe relaxed for 16 industries." 02/10/2006 Belgium – Tax on Tax – Decision of Court of Appeal 25/09/2006 Netherlands : Budget Day 2006 21/09/2006 Russia : Amendments to the Russian Currency Law – Individual Aspect" 18/09/2006 United States : IRS Official Says Section 911 Housing Guidance to be Issued Soon 14/09/2006 Russia : Amendments to the Tax Code of the Russian Federation – New Tax Residency Rules for Individuals 13/09/2006 Brazil : Residence Agreement between Brazil & Argentina 13/09/2006 Singapore : ‘Personalised Employment Pass’ to be introduced in Singapore 12/09/2006 China : Circular released giving updates relating to the Individual Income Tax Treatment of Social Security and Housing Fund 11/09/2006 China : Circular issued by the State Administration of Taxation on the Transfer of Housing Property in China 08/09/2006 Italy : Changes to new tax law on stock options approved by Italian Parliament 07/09/2006 Netherlands : Proposed abolition of Corporate Tax deduction with respect to stock options and other equity incentives 07/09/2006 United States : SEC - new disclosure rules for executive pay 05/09/2006 Luxembourg : Changes to the work permit requirements for certain employees 05/09/2006 Netherlands : Application of the 30% facility in the personal income tax return not possible as from 2006 04/09/2006 Brazil : Annual Exempt Return Filing Required for Nonresidents 31/08/2006 United States : Internal Revenue Service Announces New User Fee for United States Residency Certification 29/08/2006 Hong Kong and China : Comprehensive Double Taxation Arrangements signed between Hong Kong and Mainland China : Impact on the Taxation of Individuals 24/08/2006 Czech Republic : New Sickness Insurance changes on some foreign employment contracts from 1 January 2007 24/08/2006 Germany : Extension of the double tax treaty between the United Arab Emirates and Germany" 24/08/2006 Germany : Information regarding the national subject-to-tax clause for employment income" 24/08/2006 United States : Treasury Plans to Issue Guidance on Foreign Housing Exclusion 07/08/2006 Brazil: Income Tax Treaty with South Africa Confirmed 07/08/2006 Singapore: Use of Treasury Shares to Fulfill Obligations Under an Employee Equity-Based Remuneration (EEBR) Scheme 28/07/2006 Hungary : Tax Law Changes from 1 September 2006 28/07/2006 Italy : Change in the tax treatment of redundancy payments 28/07/2006 Italy : Changes to New Tax Law on Stock Options approved by the Senate" 26/07/2006 United Kingdom : Poland and United Kingdom sign revised Double Taxation Treaty 21/07/2006 Italy : New Restrictions to Allowable Foreign Tax Credits 21/07/2006 Thailand : New regulation extends personal income tax incentives for expatriates of a Regional Operating Headquarters 18/07/2006 Italy : Amendments to the “No-tax area” exemption threshold affecting Italian non-residents 11/07/2006 Italy : Amendments to Italian domestic rules regarding the taxation of Stock Options Plan 10/07/2006 Netherlands : Lower Dutch Court: 30% facility also applicable on redundancy payment 07/07/2006 Australia : DIMA continue monitoring and compliance activities 30/06/2006 Australia : Corporations Amendments Regulations 2006 (No. 4)- Director and Executive Remuneration 22/06/2006 Argentina : Presidential Decree Increases Income Tax Personal Allowances 22/06/2006 India : Introduction of a new Tax Form for filing Income Tax Return for Individual taxpayer 16/06/2006 The Netherlands : Introduction of first-day registration form for new employees 16/06/2006 United States: Income Tax Treaty with Germany to be Amended 06/06/2006 Switzerland : benefit of provision of tax services for employees 17/05/2006 Canada : 2006 Federal Budget - Analysis of Tax Measures 16/05/2006 Australia : Federal Authorities target Fringe Benefit Tax reporting 11/05/2006 United States : Proposed Modification of Foreign Earned Income Exclusion and Housing Cost Exclusion 04/05/2006 Brazil : IRS Notifications on the Tax Clearance Process 03/05/2006 Australia : Increases to Minimum Base Salary Requirements for Subclass 457 and 856 visas 03/05/2006 New Zealand : Temporary Tax Exemptions for New Migrants and Returning New Zealanders 27/04/2006 Brazil: Adjustment to Social Security Tax Table 24/04/2006 UK : Changes to tax treatment of the Blackberry and similar hand-held devices 20/04/2006 Brazil: Income Tax Treaty with Mexico Confirmed 19/04/2006 Australia : Changes to Temporary 457 Visa and More 13/04/2006 Brazil : Tax Authorities Warn of False E Mails 10/04/2006 Singapore : 2006 Singapore Budget and Other Recent Updates 10/04/2006 The Netherlands : Immigration regulations relaxed 06/04/2006 Uruguay: Proposed Bill to Establish an Individual Income Tax 28/03/2006 India : Advance Ruling on Permanent Establishment (‘PE’) issues with regards to captive outsourcing companies in India. 27/03/2006 Australia: Class Order 06/105 - ASIC Relief on Calculation of Director and Executive Remuneration 27/03/2006 Paraguay : New Individual Income Tax 27/03/2006 UK : 2006 Budget Issued 15/03/2006 Czech Republic : Change of tax payment instructions