Global Regulatory and Tax Update: November 2016

In this month’s update: important information from Ireland, Belgium, and the United States. The Irish Minister of Finance has announced a new share-based incentive arrangement for medium-sized enterprises will be introduced. This arrangement will come into effect in the 2018 budget as part of the commitment to encourage employee financial...

Global Tax and Regulatory Update: January 2019

Subscribe to our monthly updates and never miss an issue!   This month’s update covers important information from Albania to Uzbekistan! On December 3, 2018 Albanian Parliament adopted changes to a few tax laws. Among the various changes, the ones affecting share plans are the following: The highest tax bracket for employment income will...

Global Regulatory and Tax Update: August 2015

In this month’s update: Important reminders regarding Canada, Austria, New Zealand, the United States and India.   Alberta tax rates Alberta has introduced tax rate brackets and raised income tax rates for individuals that earn more than $125,000 per year. Previously, all individuals in Alberta were subject to a 10%...

Global Regulatory and Tax Update: December 2016

In this month’s update: important information from Costa Rica, the United Kingdom, Argentina, Japan, the United States, and Ireland. As of August 8, 2016 there is no monthly limit to access the local exchange market for the purposes of acquiring foreign currency. However, access to the local exchange market is...

Global Tax and Regulatory Update: July 2019

Subscribe to our monthly updates and never miss an issue!   Regulation (EU) 2017/1129 (the “Prospectus Regulation”) will come into force effective July 21, 2019, automatically repealing the existing Prospectus Directive 2003/71/EC (the “Prospectus Directive”). The Prospectus Regulation will be directly applicable in all EU Member States, including the UK, without...

Global Regulatory and Tax Update: September 2015

In this month’s update: Important reminders regarding France, India, Russia, South Korea and Thailand.   The Macron law, which we previously discussed in our December 2014 update, has finally been enacted on August 6 ,2015. The new regime amends the legal and tax requirements for qualified free share awards and...

Global Regulatory and Tax Update: January 2017

In this month’s update: important information from New Zealand. Our collaborating law firm in New Zealand, Minter Ellison Rudd Watts, has informed us that as of December 1, 2016 the transitional provisions under the Financial Markets Conduct Act 2013 (FMCA) have come to an end. The transitional provisions allowed for overseas...

Global Tax and Regulatory Update: August 2019

Subscribe to our monthly updates and never miss an issue!   The District Court of Nazareth has recently issued a significant ruling regarding compliance with Section 102 of the Israeli Income Tax Ordinance [New Version] 5721-1961. The ruling, which is expected to be appealed by the Israeli Tax Authority (“ITA”), addressed...

Global Regulatory and Tax Update: October 2015

In this month’s update: Important reminders regarding France, Finland, the UK, Singapore and India. The Ministries of Finances and Budget have recently announced that a Pay-As-You-Earn (PAYE) tax withholding system will be implemented in France with proposed timings from 2016 onward and becoming fully effective as of 1 January 2018....

Global Regulatory and Tax Update: February 2017

In this month’s update: Important information from Iceland, France, China, and the United Kingdom. Before this legislation came into place, any shares offered by a non-listed company were subject to income tax treated as employment income at the time of exercise/ vesting at a rate of up to 45 per cent...