We hope you and your families are well.
This year has brought major changes in the world of work and many companies had to adapt to the new remote-work landscape as their employees started working cross-border. While this new way of working comes with the advantage of a more flexible schedule and digital developments, it has a lot of consequences from a tax perspective.
In addition to the tax implications related to transferring employees around the world, UK’s transition period expires on December 31, 2020, when it will officially leave the EU. Even though there is still a certain amount of uncertainty around Brexit, a set of immigration rules will come in force in January 2021. We invite you to read more in the article below.
Also featured in this edition, the tax regulations impacting tax status for expats in Argentina, a new personal income tax incentive in Lithuania, Australia’s efforts to attract global talents by offering a fast-track residency option and Portuguese tech visa regulations.