BDO Global Employer Services News

June 2024

Content from BDO Global.


BDO’s Global Employer Services News provides a brief overview of issues affecting international assignees, predominantly, but not exclusively, from a tax and social security perspective.   
 
This publication brings together individual country updates over recent months. As you will appreciate, the wealth of changes across multiple jurisdictions is significant so to provide easily digestible information we have kept it to the key developments that are likely to affect your business and international assignees.   
 
Our Global Employer Services News is one of the ways we proactively deliver information we believe is useful to our clients on issues affecting international assignees. To read topics we have covered in the past, our previous issues are also available here.

For more detailed information on any of the issues or how BDO can help, please contact us.

Ireland

Enhanced Reporting Requirements in effect.

Singapore

Withdrawal of concessionary tax treatment for overseas mandatory pension contributions announced.

India 

Private sector employees should focus on EPF, PPF, NPS for retirement.

India

Delhi HC holds that voluntary payment made for indemnification of loss due to diminution in the value of unexercised ESOP is a capital receipt.