• Categories

  • Countries

  • Date from / to

Working in different EU countries can create pension entitlement in multiple states

Flag on January 4th, 2011

Those working and making social security contributions in multiple EU states should take advantage of additional pension entitlements created in the home and host states. For many employees working in different EU countries for certain periods has become quite common; either for the same company on secondment or for different employers.  In all cases social […]

New OECD Model Tax Convention – examining the new definition of “employer” in Article 15

on January 4th, 2011

The revised version of the condensed OECD Model brings welcome clarity to the meaning of employer for Article 15 (short term assignment) purposes. The OECD (Organisation for Economic Co-operation and Development) Council approved the 2010 Update to the Model Tax Convention in July 2010. Changes One of the most important parts of the 2010 update […]

UK Budget 2011

on January 4th, 2011

The UK Budget was presented on 23 March 2011. Summary of the Budget’s major changes  The main points arising from this Budget are set out below: Revised legislation on “disguised remuneration” is included in the Finance Bill 2011 published on 31 March 2011.  This extremely broad anti-avoidance legislation should be reviewed by all those delivering […]

Major consequences for French tax residents who fail to disclose foreign bank accounts

Flag on January 4th, 2011

Supreme Court confirms swingeing tax consequences of dealing with undisclosed accounts complies with EU law. French tax residents are subject to a general obligation to declare the details of their foreign bank accounts to the French tax administration.  Failure to comply with this obligation results in a financial penalty of 1,500 EUR.  When the bank […]

French Tax Residency Test

Flag on January 4th, 2011

Supreme Court emphasise importance of source income and non-marital family connections in maintenance of French residence. In a series of recent decisions, the Conseil d’Etat, the French Supreme Court clarified certain aspects of French tax residency test rules, which may be of interest for individuals who, while on short or long-term international assignment, keep certain […]

EU social security regulations expanded to cover non-EU nationals – UK and Danish opt-outs raise possibility of double liability

Flag on January 4th, 2011

Since January 1, 2011, the application of the European Social Security Regulation no. 883/2004 also applies to citizens of countries that do not belong to the European Union.  In practice, this means that the regulations have also become applicable to: – persons who did not  qualify for this regulation before, exclusively due to their nationality;– […]