Hungary-Tax Law changes for 2013
On 12 October 2012 a bill introducing the 2013 "tax package" was introduced into the Hungarian Parliament. Further amendments to the package were proposed on 18 November and on 29 November 2012 the changes for 2013 were published in the Official
See MoreFrench Committee Adopts Supplementary Finance Bill
On 4 December 2012 it has been published that the French National Assembly Finance Committee has recently adopted the country’s 2012 supplementary finance bill, which constitutes a key stage in the government’s overall plan to strengthen the
See MoreMalta to Amend SICAV Reporting Rules
On 30 October 2012 it has been published that the Malta Financial Services Authority (MFSA) has announced a number of legislative proposals to update the reporting requirements for Collective Investment Schemes. Presently there is a disparity in the
See MoreSouth Africa’s New Tax Administration Act Is In Force
The South African Revenue Service (SARS) has announced that the Tax Administration Act (TAA), which is intended to simplify and provide greater coherence in South African tax administration law, and was promulgated on July 4, 2012, largely came into
See MoreSouth Africa: Introduces Tax Amendment Bills
It was published on 11 July 2012 that the South African National Treasury has released, for public comment prior to their formal introduction in parliament, the draft 2012 Taxation Laws Amendment Bills which give effect to most of the 2012
See MoreLuxembourg: Crisis contribution repealed
Draft law n°6350 on the State budget for 2012 has been voted by Parliament on 8 December 2011. Although a couple of steps still need to be completed for the law to be published in the Luxembourg official gazette, it is unlikely that its content
See MoreFrance’s Draft Finance Act with 2011 Amendments
The French government has recently published the 2011 Amended Draft Finance Act. The significant changes to the legislation that may be applicable to expatriate employees and their employers include: Increase in the wealth tax rates, A new tax
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