The end is close for France’s highly disfavored taxe d’habitation, or residence tax. The Macron administration announced in June 2021 that, by 2023, no household will pay this tax on its main residence.
AIRINC recently adjusted its hardship score for Hong Kong, due to the continuing political volatility and unpredictability surrounding the demonstrations, as well as the heightened tensions resulting from the protests.
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 employment income.
Join us for an interactive and informative breakfast briefing at Le Loft Roquette in Paris while we discuss the latest developments in global mobility.
Geneva, Switzerland Best known for its banking sector and the numerous international organizations headquartered there, Geneva is also regularly cited as one of the most expensive cities in the world.
This change in tax collection will potentially have a significant impact on global mobility programs and administrative processes, especially during the transition period. In particular, it is possible that no creditable taxes will be generated in tax year 2018