Managing the Global Mobility Function 2012: Now Available
Tag Archive
UK Government Seeks Views on Integration of Income Tax and NIC
On 11 July 2011, the U.K. government published a consultation document on HM Treasury’s Web site1 concerning the wider issues connected with the merger of income tax and National Insurance Contributions (NICs). »
Finland: 2011 Social Security, Personal Income Tax Rates
Finland’s has made changes to it's compulsory social security rates and individual income and other tax rates for 2011. Tax Rates/Brackets: The 2011 income tax rates and brackets have been accepted by the Parliament. »
Paraguay’s Personal Income Tax Suspended
Paraguay’s Personal Income Tax (PIT), which entered into force on January 1, 2010, has been suspended. On November 1, 2010, the Chamber of Deputies agreed the amendment of the PIT law and on November 25, 2010, the Congress decided that it will enter into force on January 1, 2013. »
Argentina Issues Guidance on Withholdings of Individual Income Tax
Guidance from the Argentine tax authorities (Administración Federal de Ingresos Públicos—AFIP) concerns individual income tax. Resolutions 2866 and 2867 (published in the official gazette Boletín Oficial de la República Argentina (No. 31.941, 12 July 2010)) address the amounts that employers must consider in calculating withholdings of individual income tax, due to a 20-percent increase... »
U.S.-Italy Income Tax Treaty Analyzed
A new income tax treaty between the United States and Italy (the “Treaty” or “new Treaty”) entered into force on December 16, 2009, and is effective for general purposes for the 2010 and subsequent tax years. The Treaty is accompanied by a Protocol and Technical Explanation, and replaces a prior treaty between the two... »
Brazil: 2010 Income Tax Tables
Adjustments to the Brazilian personal income tax tables and related deductions allowed to taxpayers for 2010. »
Paraguay and Personal Income Tax
Paraguay’s Personal Income Tax (PIT)1 entered into force on January 1, 2010. On December 31, 2009, Decree 3738/092 was issued by the President of the Republic thereby enacting Ley 2421/2004 “De Reordenamiento Administrativo y de Adecuación Fiscal” (law introducing the PIT). »
U.K.–France Income Tax Treaty Enters into Force
Her Majesty’s Revenue & Customs (HMRC) in the United Kingdom confirmed that a new income tax treaty1 between the U.K. and France entered into force on 18 December 2009, following the completion of the legislative procedures by both countries. The treaty was signed in London on 19 June 2008. »
Singapore: Tax Developments
The Inland Revenue Authority of Singapore (IRAS) has announced that the Auto- Inclusion Scheme (AIS) will be expanded to include employers with 50 or more employees from the Year of Assessment (YA) 2010 (calendar year 2009). IRAS first implemented mandatory AIS from YA 2009 starting with employers that employ 100 or more employees. (For... »
New Zealand and Australia: Sign New Income Tax Treaty
the Australian and New Zealand governments signed a new double taxation agreement (DTA). There are some items of note for international assignees/cross-border workers between the two countries and their employers. »