Effective January 1, 2016 there are a number of new employment laws that UAE employers need to be aware of.
Effective January 1, 2016, Belgium began following the provisions laid down in the EU Accounting Directive. As a result, the Belgium Company Code has been amended to redefine a small company and micro company.
Prior to the New Year, the Amending Finance Bill for 2015 was submitted. Its key areas of focus are changing the current withholdings tax law and the participation exemption on dividends, and addressing innovation incentives granted to SMEs.
The Mumbai Income Tax Appellate Tribunal held that in a case where the tax rate in the country in which the associated enterprise is located is higher than in India, then there can be no issue of tax avoidance.
Irish tax payers currently paying liabilities by Electronic Funds Transfer (EFT) and advising the Irish Revenue by email to firstname.lastname@example.org, will no longer be able to use this method as a means of payment.