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LUXEMBOURG: The Fiscal Advantages of a Key Enclave in Europe
Luxembourg is a relatively small country in the European Union with a population of 600.000 inhabitants, however it is the leader among OECD countries in terms of GDP per capita according to World Bank [...]
MEXICO: The End of Universal Compensation of Tax Balances
At the end of 2018, Mexico published the New Law of Income of the Federation for 2019, which significantly affects enterprises. Specifically, the law dramatically changes the tax regime rules that formerly allowed for [...]
PORTUGAL: Working Abroad – 3 Step Relocation Guide for Foreign Workers
With beautiful beaches, charming medieval towns, an abundance of finely crafted wine and port, and a range of tax benefits, it is no wonder workers and companies alike are seeking to move to Portugal. [...]
GERMANY: New E-Commerce VAT Targets Revenue Loss Due to Internet Sales
As a measure to reduce revenue loss on e-commerce transactions, on 14 December 2018 Germany published a new VAT law addressing the trade of goods on Internet marketplaces. The legislation modifies and extends the [...]
SPAIN: Mandatory Time and Attendance Tracking: A How To Guide
Officially mandatory as of the 13th of May, every Spanish company will now have to keep track of when employees sign in and out of work, per Royal Decree 8/2019. To help employers adjust [...]
BOLIVIA: New Tax Regulation Enhances Employee Mobility, Requires Company Compliance by May 31st Deadline
Starting in May 2019, workers in Bolivia can benefit fiscally from a recently approved legislative change to the Complementary System of the value added tax (RC-IVA). The benefit is retroactive from January 1st, 2019. [...]