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Global InSight - March 15, 2013


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Global InSightIn this issue:

  • Australia
    – Reforms to the Temporary Work (Skilled) (subclass 457) program
    – Removal of CGT discount for foreign resident individuals
  • People’s Republic of China (PRC)
    – New Interpretations of the PRC Exit Entry Administration Law
    – Shenzhen Qianhai and Zhuhai Hengqin offer “tax equalization” subsidies to attract qualified foreign talent
  • Portugal
    – Golden visa residence program
  • Singapore
    – 2013 Budget changes and clarifications on individual tax treatment of group insurance premiums
  • Spain
    – Foreign asset reporting requirement
  • Sweden
    – Government bill regarding duty for foreign employers to notify Swedish authorities of employees posted in Sweden
    – Implementation of the EU Blue Card directive concerning highly qualified third-country employees
  • Global Rewards Updates
    – Philippines: Tax treatment of stock option plans
    – Russia: Currency control restrictions on transactions made through foreign bank accounts

See attached file for details.

Visit the Global InSight archive for issues from the past year.

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