Managing the Global Mobility Function 2012: Now Available
Tag Archive
India: Clarifications Issued for “Tourist Visa on Arrival” Scheme
India’s Ministry of Home Affairs (‘MHA’) has issued detailed guidelines on various aspects of the “Tourist Visa on Arrival” (‘TVOA’) scheme,1 which we highlight below. Background The TVOA scheme was introduced by India’s government in 2010. (For prior coverage, see the following issues of Flash International Executive Alert: 2010-107 (27 May 2010 and 2010-095... »
United States Tax Developments
In this news item we highlight some recent tax developments in the United States that may impact individuals and their multinational employers. Estate Tax Returns: Extension of Payments Due and Filings On September 13, 2011, the U.S. Internal Revenue Service (IRS) released an advance copy of Notice 2011-76 which provides the executor of an estate... »
Ireland: 2010 Share Scheme Reporting Deadline
In Ireland, 31 March 2011 is the mandatory due date for filing of Returns of Information for employee share participation schemes. Failure to comply with this mandatory filing obligation will result in a penalty, and in the cases of Revenue-approved share schemes (such as Approved Profit Sharing Schemes, Employee Share Ownership Trusts, “Save As... »
India’s Direct Taxes Code Bill, 2010 and Changes for Taxation of Individuals
The Direct Taxes Code Bill, 2009 (“DTC 2009”) was released by the government of India (“GOI”) for public comments, along with a discussion paper, on 12 August 2009. Since then, a number of inputs on the proposals had been received from numerous organizations and individuals. »
United Kingdom: Emergency Budget June 2010
On 22 June 2010, the Chancellor of the Exchequer presented the UK Emergency Budget 2010, following the election in May that resulted in a change of government, with the UK now led by a Conservative-Liberal Democrat coalition. In this Alert we have set out the main points of the Budget speech of interest to... »
New Zealand: 2010 budget focuses on significant tax reform
The 2010 budget released by the Government on Thursday, 20 May 2010 announced a package of significant tax changes which will come into effect on a number of dates. The changes are included in legislation which was introduced into Parliament immediately following the Budget. »
Portuguese Budget for 2010
The Portuguese government has approved the State Budget Law for 2010 (Lei do Orçamento do Estado para 2010).As of this writing, the law has been approved by Parliament but not yet published in the official journal (“Diário da Republica,” which is available electronically at: http://www.dre.pt/). Below is briefly described the main changes in the... »
2010 Irish Finance Bill Nears Final Stages, Measures for Individuals
The 2010 Irish Finance Bill (“the Bill”), which embodies and implements the measures introduced in the 2010 budget, has been passed in its final stage by Ireland’s Dáil and is currently with the Seanad for approval. We follow up our earlier report on some key measures in the Bill that may impact expatriates and... »
UK: 2010 Budget Speech Delivered
The 2010 UK Budget speech was delivered on 24 March 2010. This newsletter covers the various proposals and measures in the Budget concerning individuals, including income tax rate/threshold and allowances adjustments; matters concerning the bank payroll tax; anti-avoidance; and others. »
Ireland: Finance Bill 2010
The Department of Finance issued its 2010 Finance Bill on 4 February 2010. Many of the measures contained in the Bill reflect the announcement made by the Minister last December during his annual Budget Speech to Parliament. However the Bill has provided clarification on a number of provisions in addition to introducing some new... »