Managing the Global Mobility Function 2012: Now Available
Tag Archive
UNITED 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 million undocumented immigrants as well as substantial reforms to high-skilled immigration. The legislation now moves to the Senate floor, where debate is expected... »
Australia: Government Unveils 2013/14 Budget with Few Measures for Individuals
On 14 May 2013, the Commonwealth Treasurer, the Honourable Wayne Swan MP, delivered the Australian Federal Budget 2013-14.1 In addition, on 13 May 2013, the Treasurer and the Minister for Disability Reform, Jenny Macklin, released draft legislation to enact the proposed increase of the Medicare Levy to fund DisabilityCare Australia, the government’s National Disability... »
Spain: New Rules Affecting Personal Taxation Promulgated End of 2012
Law 16/2012 of 27 December1 Timing Imputation Rule A new rule is in effect as of 1 January 2013, in cases where there is a loss of residence due to a move to a European Union (EU) country intended to comply with the European Court of Justice’s sentence of 12 July 2012, Case 269/092.... »
United Kingdom: Budget for 2013/2014 Is Announced
George Osborne, the U.K.’s Chancellor of the Exchequer, presented the 2013 Budget speech on 20 March 2013. The Finance Bill 2013 is due to be published on 28 March 2013, and an update will follow at that time. Below, we highlight some of the important measures that may impact employees – including those on... »
Greece: New Tax Laws Aim to Raise More Revenue
In Greece two new tax laws have come into force. Tax Law No. 4110 amends provisions of the country’s income tax code,1 while Law No. 4111 imposes new measures.2 Together these laws raise tax rates, lower thresholds, restrict tax reliefs, and generally raise the burden of taxation on individuals. We summarize below the main... »
United Kingdom: New Season Brings Fresh Changes to Immigration Rules
Making changes in the U.K. immigration rules is becoming an annual spring event. Having taken into account the findings from the Migration Advisory Committee (MAC), this year the U.K. government will introduce certain changes to the Code of Practice relating to foreign nationals coming to work in the U.K. under the employer-sponsored immigration categories... »
Cayman Islands: Premier Drops Plans for Payroll Tax for Expatriate Employees
Just days after announcing that a new payroll tax on expatriates would be introduced, the Cayman Islands government dropped those plans. It is understood that various spending cuts and revenue raising measures – some of which have yet to be revealed – will take the place of the now-dropped payroll tax. The so-called “community... »
Barbados: Budget Speech Contains Measures Affecting Individuals
The Honorable Christopher Sinckler, the Minister of Finance and Economic Affairs for Barbados, delivered the Financial Statements and Budgetary Proposals of the government of Barbados on June 26, 2012.1 Highlights of Measures in the Budget Speech Affecting Individuals • Income Tax Rates/Thresholds: A change to tax brackets with an increase in the income tax... »
Denmark – Tax Reform Proposals Impact Individuals
“Denmark at Work” is the title of the long-awaited proposed tax reform that the Danish government has now made public. As the title suggests, initiatives to increase employment are at the core of the proposals in order to fuel growth and prepare for the future when there will be large numbers of pensioners with... »
Singapore: Finance Minister Delivers 2012 Budget, Few Measures for Individuals
Singapore’s Deputy Prime Minister and Minister for Finance, Mr. Tharman Shanmugaratnam, delivered the Budget Statement for 2012 in Parliament on Friday, 17 February 2012. We highlight the main measures affecting individuals below. (All dollar figures noted are Singapore dollars.) Enhancement of Earned Income Relief for Elderly and Handicapped Workers Present Position Working individuals are... »