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2011

United States: Update on 2012 Standard Mileage Rates

December 14, 2011

On December 9, 2011, the U.S. Internal Revenue Service (IRS) released an advance copy of Notice 2012-1 providing the standard mileage rates for taxpayers to use in computing the deductible costs of operating an automobile for business, medical, moving,...

Posted in 14, 2011, 2012, Business, cents, charitable, mile, Rates, Uncategorized |

France: Tax Developments

December 10, 2011

Some proposed measures in France’s draft Corrective Finance Law for 2011 could impact individuals and their multinational employers. Among these are proposed “freezes” in the rates and brackets for personal income tax and inheritance and gift tax...

Posted in 2011, 2012, Finance, France, Law, Measures, percent, rate, Tax, Uncategorized |

Romania: No Work Permits Available for Intracompany Transferees Until Next Year

November 25, 2011
Romania: No Work Permits Available for Intracompany Transferees Until Next Year

Romania has exhausted its 2011 work permit quota for intracompany transferees and will not accept any new applications until 2012. Pending intracompany transferee work permit applications will be denied. The Romanian immigration authority announced on November 8, 2011 that it met the 2011 quota for intracompany transferee work permits. As a result, no work...

Tags:
Posted in 2011, 2012, Applications, Available, FEM Global Immigration News, Intracompany, Permits, Quota, Romania, Work |

Norway and 2012 Budget

November 16, 2011

On 6 October 2011, Norway’s government presented to parliament the Budget Bill for 2012. In this article we highlight some of the key measures impacting individuals and their multinational employers. The proposed changes, unless indicated otherwise,...

Posted in 000, 2011, 2012, Income, km, nok, Norway, Proposed, Tax |

Cyprus Tax Measures in Austerity Package

September 27, 2011

In Cyprus, there have been several statutory changes (enacted on 26 August 2011) to the country’s tax laws. We highlight key changes potentially affecting individuals and their multinational employers. 1 Tax Rate Increase The top income tax rate for ...

Posted in 2011, contribution, Cyprus, defence, Income, percent, Special, Tax |

Cyprus Tax Measures in Austerity Package

September 27, 2011

In Cyprus, there have been several statutory changes (enacted on 26 August 2011) to the country’s tax laws. We highlight key changes potentially affecting individuals and their multinational employers. 1 Tax Rate Increase The top income tax rate for ...

Posted in 2011, contribution, Cyprus, defence, Income, percent, Special, Tax, Uncategorized |

Greece’s Modified Compliance Measures for Late Filers

September 25, 2011

Greece’s Law 4002/2011 (ΦΕΚ 180 Ά/22.08.2011)1 was recently promulgated. In this Flash International Executive Alert we summarize some of the key points of the law which may impact individuals and their employers. Filing of Income Tax Returns Tax...

Posted in 2011, 31, filed, Filing, Greece, Income, Law, Returns, Tax |

Greece’s Modified Compliance Measures for Late Filers

September 25, 2011

Greece’s Law 4002/2011 (ΦΕΚ 180 Ά/22.08.2011)1 was recently promulgated. In this Flash International Executive Alert we summarize some of the key points of the law which may impact individuals and their employers. Filing of Income Tax Returns Tax...

Posted in 2011, 31, filed, Filing, Greece, Income, Law, Returns, Tax, Uncategorized |

Portugal Introduces New Additional 3.5% Surcharge on 2011 Income

September 24, 2011

Portugal’s Parliament has approved a measure that will have an impact on individuals’ 2011 personal income tax liabilities. Law no. 49/2011, of September 7, 2011, has introduced an additional 3.5-percent surcharge for personal income tax1. This sur...

Posted in 2011, 49, Income, Personal, Portual, Rates, subject, surcharge, Tax, Uncategorized |

Portugal Introduces New Additional 3.5% Surcharge on 2011 Income

September 24, 2011

Portugal’s Parliament has approved a measure that will have an impact on individuals’ 2011 personal income tax liabilities. Law no. 49/2011, of September 7, 2011, has introduced an additional 3.5-percent surcharge for personal income tax1. This sur...

Posted in 2011, 49, Income, Personal, Portual, Rates, subject, surcharge, Tax, Uncategorized |

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