Country Tax Update: New Zealand There has been a small increase in the maximum contribution to the Accident Compensation Levy. The net effect is a small increase in tax for higher incomes. To simplify and modernize New Zealand’s tax ...
Recent Posts
Country Tax Update: France A withholding tax system that was previously announced as taking effect as of January 1, 2018, went into force on January 1, 2019. The new withholding requirement will apply to many income types, including ...
Lithuania as seen during a recent on-site survey. Photo taken by AIRINC surveyor Oscar Rasson. Country Tax Update: Lithuania Major tax reform has been implemented in Lithuania for 2019. One goal of the changes is to shift the tax ...
What is the 183-day rule? The ‘183-day rule’ is a common fallacy among Global Mobility professionals, which assumes that there are no tax issues as long as the individual is not present in a Host location for more than 183 days.
1 of 2 Countries in the World! The United States has the ignominious distinction of being one of only two countries in the world (along with Eritrea) that implements citizenship-based worldwide individual taxation.
Tax Returns in the Tax Cuts and Jobs Act Era The end of March marks the beginning of spring, opening day for Major League Baseball, and the stretch run of the U.S. tax filing season, with the initial deadline (before extensions) of April ...
Shanghai, China as seen during AIRINC's recent cost of living survey. Photo taken by AIRINC surveyor Samuel Pearl Schwartz. Top Marginal Tax Rate Remains at 45% The Chinese government enacted amendments to the individual income tax law and ...
Update, January 16, 2019: IRS Recalling 46,000 Workers As part of the IRS contingency plan for a government shutdown, the treasury department is recalling 46,000 people, roughly half of the IRS workforce. These workers are expected to ...
A Significant Financial Investment Tax laws, rates, and regulations vary greatly from country to country, and being on an international assignment creates even further complexity. To minimize the tax impact on the assignee, most ...
From Fanfare to Reality: The United States Tax Cuts and Jobs Act With great publicity and fanfare, the United States enacted significant Federal tax reform, titled The Tax Cuts and Jobs Act, effective January 1, 2018. The details of the ...