Expatriate Newsletter - Issue 26

The BDO Expatriate Newsletter provides a brief overview of issues affecting international assignees, predominantly, but not exclusively, from a tax and social security perspective.

This newsletter brings together individual country updates over recent months. As you will appreciate, the wealth of changes across multiple jurisdictions is significant so to provide easily digestible information we have kept it to the key developments that are likely to affect your business and international assignees.

Content

• UNITED KINGDOM: Short term business visitor reporting – 31 May deadline
• BELGIUM: Significant reduction in social security contributions for employers / Impact of the consumption goods and services index
• FRANCE: Income tax withholding
• GERMANY: Taxation of severance pay
• HONG KONG: 2017/2018 budget highlights
• INDIA: Union budget 2017-18: an update
• IRELAND: Significant changes to Irish payroll obligations on non-Irish employments exercised in Ireland
• THE NETHERLANDS: Update regarding the Dutch 30% regulation
• ROMANIA: Removal of mandatory social security contributions thresholds / New provisions regarding health insurance contribution exemption for individuals who are subject to the social security legislation of another country
• SWEDEN: Extension of Swedish work permits
• UNITED KINGDOM: Qualifying Recognised Overseas Pension Schemes (QROPS): charge on transfers / HMRC Continues their clamp down on offshore activities
• UNITED STATES OF AMERICA: the possible effects of the 2017 tax reform on global mobility programmes – a hidden surprise for multinational companies