A I R S h a r e

A Workforce Globalization Blog

Social Security contributions have changed in China

Nov 07, 2019 @ 12:30 AM / by Jeremy Piccoli

0 Comments

China has implemented measures that generally reduce social security contributions. The reductions are primarily targeting employer contributions to the social insurance programs and are part of a multi-year effort to unify pension systems at the national level. However, the social insurance wage base has increased in Shanghai, resulting in an increase in employee contributions to social security for Shanghai taxpayers. The net effect is a reduction in income tax for Shanghai taxpayers as the increased employee social contributions are deductible.

Read More

Deal or No-deal: United Kingdom and Switzerland come to transitional agreement

Nov 06, 2019 @ 02:30 AM / by Jeremy Piccoli

0 Comments

The United Kingdom and Switzerland have completed a transitional agreement to maintain social security rights in the event of a no-deal Brexit. The deal also preserves working privileges, residency rights, and freedom of movement between the two countries.

Read More

Federal Judge Rules SALT Cap Is Not Unconstitutionally Coercive

Oct 11, 2019 @ 02:00 AM / by Jeremy Piccoli

0 Comments

The Tax Cuts and Jobs Act (TCJA) that went into effect January 1, 2018 included a provision that limited the amount of state and local taxes (SALT) that are deductible for Federal tax purposes to $10,000 per year (previously uncapped). The SALT limit disproportionately impacted middle-to-high income residents of high-tax states that pay more than the new $10,000 limit.

Read More

Global Mobility News: The latest in housing, tax, and goods & services [2019: Q3]

Oct 04, 2019 @ 12:00 AM / by Patrick Benedetti

0 Comments

Data Points brings you the latest updates from our Housing, Goods & Services, and Tax departments. These highlights are based on our expert international surveys, which are conducted on location by our global data collection team.

Read More

What is ABL in Argentina and how does it impact expatriate housing?

Oct 03, 2019 @ 07:30 AM / by Zach Rossignol

0 Comments

As expatriates assigned to Buenos Aires search for rental housing, they may soon ask an all too common question: "What is the ABL Tax and how much does it cost?”

Read More

What is 'Key Money' and how does it impact renters in Japan?

Sep 04, 2019 @ 12:50 PM / by Zach Rossignol

0 Comments

As expatriates in Japan search for rental housing, they should be aware of a common fee required on top of rent and security deposit. This payment is called ‘key money’ or in Japanese, ‘reikin’ (礼金).

Read More

Employee share schemes and shadow payrolls: Impact from New Zealand tax changes

Aug 14, 2019 @ 03:30 PM / by Jeremy Piccoli

0 Comments

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 administration, effective April 1, 2019, employers are required to file “employee income information” every pay cycle.

Read More

Tax Collection Change in France: What you need to know! [update]

Aug 08, 2019 @ 01:30 AM / by Jeremy Piccoli

0 Comments

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.

Read More

Salaries increase 28.9% due to major tax reform in Lithuania

Jul 30, 2019 @ 02:36 PM / by Jeremy Piccoli

0 Comments

Major tax reform has been implemented in Lithuania for 2019. One goal of the changes is to shift the tax burden from employers to employees. Employer contributions to social security have been substantially reduced.

Read More

What is the 183-day rule and how does it impact Global Mobility programs?

Jul 29, 2019 @ 10:25 AM / by Jeremy Piccoli

0 Comments

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.

Read More