cancel

GMS Flash Alert: Tax

Read up on new developments on the topic of tax.
Flash alert tax page banner

View all GMS Flash Alerts on the topic of tax.

OCTOBER

10/31/2024: United Kingdom – Autumn Budget 2024: a Budget of Change?

10/31/2024: United States – Negotiations on a Comprehensive Double Taxation Agreement with Taiwan Set to Begin

10/30/2024: Latvia – Potential Amendments to the Law “On Personal Income Tax” 

10/23/2024: Ukraine – First Exchange of Information Takes Place with Partner Countries under CRS

10/16/2024: France – Draft Finance Bill for 2025 May Mean Heavier Taxation on High Earners

10/14/2024: Chile – New Sworn Statement N° 1835 for Reporting Rental Income

10/10/2024: Argentina – Agreement on Information Exchange between Argentine Tax and Immigration Authorities

10/09/2024: Taiwan – Amended Tax Law on Rental Expense Deductions

10/09/2024: Slovakia- New Legislation Aims to Raise Revenue Through Taxation Changes

10/03/2024: Ireland – Budget 2025 Measures Announced

SEPTEMBER

09/30/2024: Brazil – New Voluntary Disclosure Program and Properties Value Update

09/30/2024: Cyprus – Extension for 2023 Personal Tax Return Filing and Payment Deadline

09/10/2024: United States – KPMG Releases Report on Expiring 2025 Tax Laws

AUGUST

08/30/2024: Luxembourg – Individuals Stand to Benefit under the New Budget Bill

08/26/2024: Oman – Plans Move Forward to Introduce the Personal Income Tax Regime

08/16/2024: Thailand – New Regulation on Severance Pay Exemption for Terminated Employees

08/06/2024: Gibraltar – Taxation of Interests in Residential Property

08/01/2024: United Kingdom – New Government Issues Update on Foreign Income and Gains Regime

JULY

07/29/2024: Cyprus – Tax Authority Issues Guidance on Special Expatriate Tax Regime

07/29/2024: Ireland – Determination of Employment vs Self-Employment Status: Updated Guidance

07/24/2024: France – Court Confirms “Forfait Social” Due on Certain Directors’ Fees Paid by French Companies

07/17/2024: Argentina – Filing Deadlines Extended for Individuals, New Rental Deduction for Dependent Employees

07/16/2024: Vietnam – Social Security Agreement with South Korea

07/16/2024: Argentina – Wealth Tax Changes for Fiscal Period 2023

07/15/2024: Argentina – Tax Reform Also Brings New Amnesty Regime

07/15/2024: Argentina – Moratorium Regime Established for Regularization of Tax Obligations

07/15/2024: Argentina – Changes to Wealth Tax under Recently-Enacted Tax Reform

07/11/2024: Lithuania – New Law Creates Tax-Preferred Investment Account

JUNE

06/28/2024: South Africa – 2024 Tax Filing Season

06/26/2024: Germany – Federal Tax Court Clarifies Taxation of Partners in International Law Firms

06/26/2024: Ireland – Enhanced Reporting Requirements Update

06/25/2024: United States – Supreme Court Upholds Mandatory Repatriation Tax As Constitutional

06/21/2024: People’s Republic of China – Time to Review “Six-Year Rule” Status

06/21/2024: New Zealand – Budget Contains New Personal Tax Thresholds, Implications for FBT, ESCT

06/18/2024: United States – Suspension of Income Tax Treaty with Russia

06/11/2024: Argentina – Tax Filing and Payment Deadlines Extended for Individuals

06/10/2024: European Union – EU Task Force Looks to OECD for Solutions for Taxation of Telework

06/07/2024: People’s Republic of China – Update on Tax Treatment and Management of Equity Incentives

MAY

05/31/2024: Argentina – IRS Approval for FATCA Agreement with United States

05/28/2024: Argentina – Update on Parameter Regarding 2023 Informative Tax Return Filings

05/21/2024: United States – D.C. Circuit Reaffirms IRS’ Statutory Authority to Assess Penalties for Failure to File Form 5471

05/17/2024: Australia – Highlights of Federal Budget 2024-25: Tax, Superannuation, and Immigration

05/17/2024: France – Finance Ministry Clarifies Its Stance on Nonresident Withholding

05/14/2024: South Africa – Update for Non-resident Employers with a PE in South Africa

05/08/2024: Switzerland – Geneva: Tax Rulings on Employee Stock Plans; Family/Child-Related Deductions

05/07/2024: United States – IRS Issues Foreign Trusts and Gifts Reporting Rules

05/01/2024: Canada – Federal Budget for 2024 Presented

APRIL

04/29/2024: Germany-Luxembourg – Tax Treaty Changes with Important Impact for Cross-Border Workers

04/24/2024: United States – High-Income Taxpayers Under IRS Scrutiny Says 2023 Data Book

04/24/2024: Argentina – Wealth Tax Deadline of April 30 for Repatriating Foreign Assets

04/23/2024: United Kingdom – 6 July Employee Share Plan Reporting Deadline; Registering Trusts

04/18/2024: France – End is Near for Workers’ Income Subject to Exemption with Progression under Treaty with Luxembourg

04/16/2024: France – Tax Filing Deadlines Officially Announced

04/12/2024: European Union – EU Task Force Considers Tax Implications of Remote Work

04/08/2024: Hong Kong – 2024-2025 Budget Measures Affecting Individuals

04/02/2024: Chile – 2023 Annual Tax Return Filing Calendar, Refund Information

MARCH

03/29/2024: United States – IRS Releases 2024 Sec. 911-Related Housing Costs Limitations

03/25/2024: Czech Republic – Technical Amendment Currently under Review in Parliament

03/20/2024: United States – Foreign Earned Income Exclusion Requirements Waived for Several Countries

03/19/2024: Sweden – Expert Tax Relief Is Extended

03/15/2024: United States – KPMG Publishes Report on Tax Proposals in Biden Administration’s FY2025 Budget

03/14/2024: Netherlands – Decree on Allocation of Severance Payments in an International Context

03/13/2024: European Union – EESC Weighs in on Taxation of Teleworkers

03/13/2024: South Korea – Tax Law Amendment Bill Enacted into Law

03/12/2024: United States – U.S. Administration Releases Fiscal Year 2025 Revenue Proposals

03/12/2024: India – Tax Collection at Source Measures in Interim Budget

03/07/2024: United Kingdom – Spring Budget 2024: End of the Remittance Basis

FEBRUARY

02/29/2024: Germany – New Circular Updates Tax Principles to Align with OECD Model

02/23/2024: Greece – Rules Changed to Encourage Participation in Group Insurance Pension Plans

02/21/2024: Germany – Improved Tax Framework for Employee Share Ownership

02/13/2024: Germany - Landmark Ruling on stock Option Taxation Adapted to Finance Ministry Circular

02/05/2024: United Kingdom – Scottish Budget Proposes Income Tax Increases

02/01/2024: United States – House Passes Tax Extenders Legislation

02/01/2024: Czech Republic – Changes in Employee Income Taxation in 2024 

JANUARY

01/25/2024: Brazil – Federal Revenue Updates Procedures Pertaining to Individual Taxpayer Registry

01/24/2024: France – Penalties Calculated on Annual Tax Liability, Not Balance of Tax Due

01/23/2024: United Kingdom – Mandatory Payrolling of Benefits-in-Kind from April 2026

01/19/2024: United States – “Tax Relief for American Families and Workers Act of 2024”

01/18/2024: United States – FBAR Filing Deadline Extension for Certain Individuals

01/17/2024: Belgium – New Reporting Requirements for Inbound Taxpayers and Researchers Preferential Regime

01/17/2024: France – Updates on Treaties with Greece, Denmark, Mali and Niger

01/17/2024: France – Key Measures in New Finance Law, Social Security Finance Law

01/16/2024: Ireland – New Guidance: Change to Gross-Up Methodology and E-Filing for SARP

01/12/2024: United States – Federal Filing Deadlines Information

01/11/2024: Philippines – Ease of Paying Taxes Act Is Enacted

01/11/2024: Italy – Further Update on Changes to the Expatriate Regime

01/10/2024: United States – IRS Appeals Decision Allowing FTC Claim Against Net Investment Income Tax

01/10/2024: Lithuania – Changes in Taxation of Employment-Related Income for 2024

01/10/2024: Singapore – Changes to IRAS’s Voluntary Disclosure Program

DECEMBER

12/22/2023: Slovakia – Fresh Out of the Gate, New Government Shakes Up Tax Rules

12/22/2023: United States – IRS Announces Penalty Relief for 2020 and 2021 Tax Returns

12/21/2023: Belgium/Netherlands – Agreement Clarifies Permanent Establishment When Home-Working

12/20/2023: Netherlands – Parliament Votes on 2024 Tax Plan, Scaling Back 30% Ruling

12/20/2023: United States – U.S.-Chile Treaty Enters into Force

12/20/2023: Brazil – Important Changes to Individual Taxation, Reporting Foreign Income and Assets

12/18/2023: Norway – Budget 2024 Agreement Reached

12/11/2023: United States – IRS Further Extends Foreign Tax Credit Relief

12/11/2023: Thailand – Further Guidelines on Foreign-Sourced Income Brought into Thailand

12/08/2023: Canada – Finance Canada Indicates AMT Rules Changes Coming

12/08/2023: Canada – Plans for Short-Term Rentals, UHT Rules in Fall Economic Statement

12/06/2023: Finland – Changes to Taxation of Inbound Employees

12/06/2023: Argentina – Program to Strengthen Economic Activity, Improve Families’ Income

12/05/2023: Malaysia – 2024 Budget Highlights and Finance Bill: Tax Measures

12/01/2023: United States – U.S-Taiwan Double-Tax Mitigation Bill Moves Forward

12/01/2023: Czech Republic – Proposed Changes in Taxation of Employee Share and Stock Option Plans

NOVEMBER

11/30/2023: Ireland – Coming Up: 2023 PAYE Settlement Agreement Deadlines

11/30/2023: Czech Republic – Wide-Ranging Personal Income Tax Changes

11/28/2023: United States – Individual Not Required to File FBAR Under U.S.-Mexico Treaty

11/27/2023: Chile - Tax Benefit for Purchases of New Properties Introduced

11/22/2023: United Kingdom – Autumn Statement 2023: National Insurance Rates Reduced

11/20/2023: Ireland – Share Option Taxation from 2024

11/20/2023: South Africa – Proposals for Non-Resident Employers with a PE in South Africa

11/16/2023: Chile – Tax Treaty with U.S. Approved by Chilean Senate

11/16/2023: Greece – New Guidelines on Tax Residency 

11/14/2023: United States – Inflation Adjustments for Tax Year 2024

11/13/2023: Argentina – Income Tax Calculations Are Changing

11/06/2023: Chile – Income Tax Treaty with U.S.: Final Stage in Chilean Congress

11/02/2023: United Kingdom – Publication: Implications of Ending Portugal’s Non-Habitual Residents Regime

11/02/2023: Netherlands – Bill Under Review Would Scale Back 30% Ruling Further

11/01/2023: Italy – Changes Coming for the Expatriate Regime

OCTOBER

10/16/2023: United States – Relief for Certain Taxpayers Affected by Attacks in Israel

10/13/2023: Netherlands – Knowing Where Your Employees Live and Work Is Even More Important

10/10/2023: Thailand – Moves on Foreign-Sourced Income Brought into Thailand by Tax Residents

SEPTEMBER

09/29/2023: Netherlands – 2024 Tax Plan Package Presented

09/21/2023: United States – U.S.-Taiwan Double-Tax Mitigation Bill Supported by Senate Finance Committee

09/21/2023: KPMG International – KPMG Publishes Trends in Remote Working Report

09/20/2023: Argentina – Tax Court Ruling on Argentina Tax Residence

09/15/2023: Latvia – Lower PIT Rate for OECD Citizens Holding Latvian Digital Nomad Visa

09/15/2023: Argentina – Important Income Tax Scale Changes for 2023

09/14/2023: People’s Republic of China – Preferential IIT Policies Extension, Higher Family Care Deductions

09/12/2023: United States – Treasury Offers FBAR Filing Relief: Hawaii Wildfires, Hurricane Idalia Victims

09/12/2023: India – Tax Collection at Source for Certain Outbound Remittances to Increase

09/12/2023: United States – IRS Compliance Efforts Focusing on High-Income Individuals, FBAR Violations

09/05/2023: United States – Guidance on State Payments to Individuals

09/01/2023: South Korea – Flat Tax and Housing Benefit Changes, Reporting Equity Compensation

AUGUST

08/17/2023: Indonesia – New Implementing Regulation for Benefits-in-Kind

08/08/2023: South Africa – Non-resident Employers to Register and Withhold Employees’ Tax

JULY

07/28/2023: United States – Belgian Court Opines on Transfer of Americans’ Financial Data

07/28/2023: United Kingdom – Improving “All Employee” Share Plans on Treasury’s Radar

07/26/2023: Slovakia – Overview of Amendments to Personal Income Tax Act

07/24/2023: Cyprus – Amending Law on 50-Percent Exemption and First-Time Employment

07/21/2023: United States – IRS Provides Temporary Foreign Tax Credit Relief

07/17/2023: United States – Updates to FBAR Exam Procedures

07/17/2023: United States – Supreme Court to Hear Case Challenging Mandatory Repatriation Tax

07/13/2023: Hong Kong – Inland Revenue Opines on Various Tax Issues

07/11/2023: Switzerland – New Home Working Arrangements for Frontier Workers with France

JUNE

06/29/2023: United States – Analysis of U.S.-Chile Tax Treaty

06/28/2023: South Africa – 2023 Individual Tax Filing Season Soon to Begin

06/22/2023: United States – Income Tax Treaty with Chile Approved by Senate

06/22/2023: Australia – New Tax Ruling on Residency

06/15/2023: New Zealand – Budget Measures Embodied in New Tax Bill

06/13/2023: United States – IRS Guidance on FICA Refunds and Tax Equalization Programs

06/07/2023: Portugal – New Tax and Legal Regimes for Start-ups and Scaleups

06/06/2023: United States – Income Tax Treaty with Chile Approved in Senate Committee

06/01/2023: Malta – New Legislation Implements Budget Measures

MAY

05/26/2023: Czech Republic – Proposals Would Adjust Income Tax Bracket, Limit Deductions, Exemptions

05/23/2023: Hong Kong – Dual Employment Arrangements

05/17/2023: United States – Washington Excise Tax on Capital Gains Is Constitutional and Valid

05/17/2023: South Africa – Enhanced Process for Transferral of Funds from South Africa

05/12/2023: Australia – Highlights of Federal Budget 2023-24

05/12/2023: Uruguay – New Legislation Brings Changes to Personal Income Tax

05/10/2023: Brazil – Changes to Individual Taxation, Reporting of Foreign Income and Assets

05/09/2023: Australia – Time to Plan for Employee Share Scheme Reporting Is Now

APRIL

04/25/2023: Argentina – Update on Parameter Regarding 2022 Informative Tax Return Filings

04/18/2023: Taiwan – Applicability of Tax Incentives for Employment Gold Card Holders

04/14/2023: Canada – Extensions for Time to File 2022 Underused Housing Tax (UHT) Returns

04/05/2023: United States – 2022 Rebates to NJ Taxpayers May Require Amended Return

04/04/2023: Chile – 2022 Annual Tax Return Filing Calendar

MARCH

03/31/2023: Ireland – Revisions to Taxation of Company Cars Rules

03/29/2023: Malaysia - Tax Measures Affecting Individuals in Budget 2023 

03/28/2023: European Union – Seeks Minimum CGT, Wealth Tax, Curbs on Personal Tax Concessions

03/27/2023: South Korea - Update on Applying Flat Tax Rate for Foreign Workers

03/17/2023: Chile – Tax Reform Bill Rejected by House of Representatives

03/17/2023: Hong Kong – 2023-2024 Budget Measures

03/16/2023: South Africa - 2023/2024 Budget Proposals Delivered

03/16/2023: United Kingdom – Spring Budget 2023: a Budget for Growth?

03/16/2023: United States – IRS Releases 2023 Sec. 911-Related Housing Costs Limitations

03/14/2023: United States – Foreign Earned Income Exclusion Requirements Waived for Several Countries

03/09/2023: United Kingdom – SAYE Employee Share Plans and Capital Gains Tax Changes

03/07/2023: Brazil – 2022 Tax Return Filing Period

03/01/2023: United States – U.S. Supreme Court Rules on FBAR Penalty Issue

03/01/2023: Ireland – 31 March Deadline Approaching for Share Schemes Reporting

FEBRUARY

02/28/2023: People’s Republic of China - Annual Comprehensive Income Tax Reconciliation Policy Update

02/28/2023: Spain – Taxes Introduced on High-Net-Worth Nonresidents Owning Spanish Assets

02/23/2023: United Kingdom – 6 July 2023 Employee Share Plan Reporting Deadline

02/16/2023: Indonesia – Regulations Implement New Rules on Taxing Benefits-in-Kind

02/16/2023: United States – IRS Guidance on Special State Tax Refunds and Relief Payments

02/14/2023: Australia – ATO Issues Guidance on ‘Employee’ Versus ‘Independent Contractor’

02/09/2023: Turkey – Income Tax Inflation Adjustments for 2023

02/03/2023: Czech Republic – What’s New in Tax for Employees?

JANUARY

01/31/2023: Germany – Overview of Important New Tax, Immigration, and Employment Law Rules

01/31/2023: Luxembourg – Frontier Workers / Tele-work Agreements Nailed Down for 2023

01/27/2023: Belgium – Changes to New Tax Regime for Inbound Taxpayers and Researchers

01/23/2023: People’s Republic of China – Extension of Tax Preferences for Equity Compensation, Gains

01/18/2022: Japan – Tax Reform Includes Stock Option Taxation Changes for Start-Ups

01/18/2022: United States – Federal Filing Deadlines Information, California Disaster Relief

01/17/2023: Spain – Improvements in Special Tax Regime for Inbound Expatriates

01/11/2023: Vietnam – Tax Authorities Focusing in on Tax Debts

01/11/2023: Canada – Rules on Residential Property Purchases by Nonresidents Impact Relocation Costs

01/09/2023: Czech Republic – Monetary Contribution to Employee Vacation Is Taxable Income

01/06/2023: United States – FATCA Relief for Foreign Financial Institutions

DECEMBER

12/23/2022: United States – Employment Tax Group Publishes Article on Payroll Year-End Topics

12/23/2022: Argentina – FATCA Agreement Signed with United States

12/21/2022: Colombia – New Tax Reform Enacted

12/21/2022: Lithuania – Changes in Taxation of Employment-Related Income for 2023

12/20/2022: Luxembourg – Budget Bill Advances, Other Bill Proposes Unoccupied Housing Tax

12/16/2022: Greece – Developments on Changing Tax Residence Status, Other Tax Reliefs

12/12/2022: Brazil – Double Tax Treaties with Norway and United Kingdom Signed

12/12/2022: United States – Extension of Time to File Year 2022 FBARs

12/09/2022: United States – Income Tax Treaty Signed with Croatia

12/07/2022: Switzerland – Updating Tax Compliance Rules for French Frontier Workers

12/02/2022: Canada – Tax Developments Related to Purchases of Residential Property

12/02/2022: United Kingdom – Double Taxation Convention with Brazil Signed, Not Yet in Force

NOVEMBER 

11/23/2022: People’s Republic of China – Private Pensions Implementation and Tax Deferral Measures

11/18/2022: United Kingdom – No Radical Departures in Autumn Statement 2022

11/16/2022: Ireland – Budget Measures Embodied in Finance Bill 2022

11/11/2022: Australia – Tax and Immigration Measures in 2022-23 Budget

11/10/2022: Cyprus – Issuance of Circular on New Incentives for First-Time Employment

11/08/2022: Lithuania – Restrictions on Cash Payments

11/04/2022: Ireland - Deadline Approaching for 2022 PAYE Settlement Agreement Applications

11/03/2022: European Union – Remote Working and Corporate Taxation

OCTOBER

10/27/2022: Argentina – Taking Steps to Tax Foreign Currency Purchases Made Abroad

10/24/2022: United States – Pension Plans 2023 Cost-of-Living Adjustments

10/19/2022: Latvia – Suspension of Income Tax Treaty with Russia

10/19/2022: United States – Tax Inflation Adjustments for Tax Year 2023

10/18/2022: United Kingdom - Government to Reverse Measures Announced in 2022 Growth Plan

10/18/2022: Australia – Draft Tax Residency Ruling

10/13/2022: New Zealand – Plans to Amend Certain Nonresident Employer Reporting Obligations

10/11/2022: France – Budget Simplifies Withholding Process, Adjusts Tax Brackets

10/07/2022: United States – FBAR Filing Deadline Relief for Persons Affected by Certain Natural Disasters

10/04/2022: United Kingdom – Government to Cancel Abolition of 45% Tax Rate

10/03/2022: United States – Expect More Penalty Notices for Form 1042-S Errors

SEPTEMBER

09/30/2022: Ireland – Budget 2023 Announced

09/30/2022: Greece – New Developments Concerning Special Solidarity Contribution Tax

09/27/2022: United Kingdom – Autumn 2022 Growth Plan Announced

09/22/2022: Netherlands – New Budget Features Further Changes to 30% Ruling

09/20/2022: Germany – Update to Agreement with Switzerland on Cross-Border Work from Home

09/19/2022: Singapore – Changes to Exemption on Mandatory Overseas Pension/Provident Fund Contributions

09/15/2022: South Africa – New Process for Breaking Tax Residency

09/13/2022: United Kingdom – OTS Review of Hybrid and Distance Working

09/06/2022: Czech Republic – New Company Car Taxation Rules in Effect

AUGUST

08/26/2022: United States - IRS Provides Penalty Relief for Certain Returns

08/25/2022: Italy - Tax-Exempt Fuel Voucher and Electric Vehicle Recharging

08/22/2022: United States – President Biden Signs Budget Reconciliation Bill

08/18/2022: Finland – Exit Tax Proposed for Individuals

08/11/2022: Hong Kong – Salaries Tax Treatment of Share Award, Vesting vs. Forfeiture

08/08/2022: Chile – 2022 Tax Reform Bill Proposal

08/04/2022: Cyprus – New First Employment Incentives

JULY

07/29/2022: United States – Senators Reach Deal on Reconciliation Package, Tax Provisions Included

07/27/2022: United States – Update: U.S. Treasury Terminates Tax Treaty with Hungary

07/22/2022: Netherlands – Decree on Taxation of Directors Paid by Foreign Companies

07/19/2022: Poland – Amendments to “Polish Deal” Enacted

07/19/2022: Spain – Supreme Court Ruling on Exemption for Directors’ Overseas Work

07/13/2022: United States – U.S. Treasury to Terminate Tax Treaty with Hungary

JUNE

06/30/2022: South Africa – Issues Around Auto-Assessments for Individuals Filing Tax Returns

06/30/2022: Ireland – Update on SARP Guidance from Revenue

06/29/2022: Romania – Fiscal Code Changes Rules on Investment Income

06/21/2022: Germany – Circular Indicates Opinion of Tax Administration on Taxing Crypto-Assets

06/21/2022: Argentina – Update on Scope of Informative Tax Filings 2021

06/16/2022: Hong Kong – Apportionment of Income for Double Taxation Relief

06/07/2022: Argentina – Filing and Payment Deadlines Extended for Individuals

06/03/2022: Hong Kong – Salaries Tax: Tax Deduction for Domestic Rents

06/02/2022: India – Indian Company Liable for Service Tax on Seconded Employees

MAY

05/25/2022: Netherlands – New Proposals for 30% Ruling Could Have Significant Impact

05/19/2022: Poland - Amendments to “Polish Deal” Passed by Sejm

05/12/2022: Belgium – Long-Awaited Circular on Expatriate Tax Concessions Published

05/09/2022: Netherlands – COVID-19: Ending Mutual Agreements with Germany, Belgium

05/09/2022: Taiwan – Tax Incentives for Foreign Professionals

05/06/2022: Taiwan – COVID-19: Individual Income Tax Filing, Payment Deadlines Extended

05/03/2022: Chile – Income Tax Return Filing Extension

APRIL

04/26/2022: People’s Republic of China – Child-Care IIT Deduction Introduced

04/15/2022: Canada – Ontario Expands Foreign Home-Buyers Tax

04/15/2022: Canada – Highlights of Tax Changes in 2022 Federal Budget

04/15/2022: United Kingdom – 6 July 2022 Employee Share Plan Reporting Deadline

04/15/2022: United Kingdom – 1 September 2022 Registration Deadline for Certain Employee Trusts

04/12/2022: Poland – Tax-Related Amendments to “Polish Deal” under Consideration

04/12/2022: Czech Republic – Proposed New Tax Treatment of Donations for Ukraine

04/07/2022: Brazil – 2021 Income Tax Return Filing 1-Month Extension

04/05/2022: Switzerland – Ending Flexible Social Security, Tax Rules for Cross-Border Workers

04/05/2022: Argentina – Wealth Tax Changes Encompass Real Estate Valuation

MARCH

03/31/2022: United States – The Green Book: Treasury’s Budget Proposals for FY23

03/29/2022: United States – Foreign Earned Income Exclusion Requirements Waived for Several Countries

03/25/2022: Ukraine – Tax Regime Largely Unaltered Despite War, Some Changes However

03/17/2022: South Korea – Tax Provision Bill with Measures for Foreign Workers Becomes Law

03/11/2022: Australia – Displaced Employees and COVID-19 Updates

03/11/2022: United States – IRS Announces New Options for Identity Verification

03/08/2022: United States – IRS Releases 2022 Sec. 911 -Related Housing Costs Limitations

03/02/2022: India – 2022 Union Budget Makes Adjustments at Margins for Individuals, Employers

03/01/2022: People’s Republic of China – Annual Comprehensive Income Tax Reconciliation Policies Update

FEBRUARY

02/25/2022: South Africa – Budget 2022 Delivered

02/15/2022: Belgium – Guidance on Expat Tax Regime and Tax-Free Expense Allowances

02/11/2022: Netherlands - Ministry Changes Stance on Severance Paid to Cross-Border Workers

JANUARY

01/31/2022: Ireland – Share Schemes Reporting Deadline Is 31 March

01/24/2022: United States – IRS Guidance on Withholding Taxes Paid by Employer

01/14/2022: Malaysia – Tax Exemption on Certain Foreign- Source Income until 2026

01/13/2022: Lithuania – Changes in Taxation of Employment-Related Income for 2022

01/13/2022: Vietnam – New Policy on Tax Treatment of Coronavirus-Related Expenses

01/12/2022: Argentina – Wealth Tax Changes to Non Taxable Minimum, Tax Rates

01/12/2022: Belgium – Law on Revised Expatriate Tax Regime Published in Official Gazette

01/11/2022: United States – IRS Announces Tax Filing Season for Individuals Begins January 24

GMS Flash Alert is a Global Mobility Services publication of the KPMG LLP Washington National Tax practice. The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

© 2024 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit https://kpmg.com/governance.