Belgian authorities recently announced that significant enhancements to the maximum thresholds placed on gifts granted to employees for special occasions are applicable for social security purposes.
Philippines authorities have changed withholding tax rates on payments to Philippines residents for service rendered.
Under a bill signed on November 24, 2017, changes to research and development incentives to eligible companies have been made.
On October 17, 2017, the State Administration of Taxation released changes in the revision to the withholding tax requirements.
Companies involved in advance technology service activities in certain cities are eligible for a tax incentive.
Local authorities have proposed that foreign workers in Sweden carrying out work for a company based in Sweden should be required to pay taxes in Sweden.
The 2017 tax reform implemented aims to stimulate the domestic economy, achieve fair taxation and rationalize the tax system.
On June 19, 2017, the State Administration of Taxation (SAT) published details of the administrative rules applying to high and new technology enterprises.
The UK has a longstanding tax exemption for the first £30,000 of non-contractual termination payments, or “payments in lieu of notice.”
The Inland Revenue Authority of Singapore (IRAS) will increase the annual revenue threshold for filing Form C-S.
In an effort to increase tax revenue and improve tax administration, the government of Oman has enacted significant changes to its tax law.
The General Anti-Avoidance Rules (GAAR) included in Chapter X-A of the Indian Income Tax Act goes into effect April 1, 2017.