Israel: Parliament approves amendments to Tax Ordinance and Transfer Pricing Regulation to be effective from July 5, 2022 The Israeli

Netherlands: Work from Home will be made a legal right The legislation making work from home a legal right was

Spain: B2B e-Invoicing will become mandatory from 2024 In Spain, e-invoicing is mandatory for Business-to-Government (“B2G”) transactions since 2015. Business to

Germany: Online/ digital formation of limited liability companies possible from August 1, 2022 The German Federal Parliament (Bundestag) in June

Highlights of the Digital Personal Data Protection (DPDP) Bill, 2022 India’s New Digital Personal Data Protection (DPDP) Bill, 2022 India’s

UK Autumn Fiscal Statement – Key Proposals On November 17, 2022, UK Chancellor of Exchequer Mr. Jeremy Hunt presented the

China Updates Pension Guidelines Over the past weekend, China’s State Council announced a new private pension scheme that will allow

Global Updates – October 2022 Global updates – a quick glance Australia: Superannuation guarantee contributions rate increased from 10% to

UK reverses several tax-cut measures announced in Action Plan 2022 In September 2022, the former UK Chancellor of the Exchequer,

Global updates – a quick glance Argentina: Brazil: Canada: China: Colombia: Finland: France: Germany: Hong Kong: India: Indonesia: Ireland: Italy:

Currently, Shanghai has the highest monthly average wage among 31 provinces (RMB 11396/US$1685 per month). Eight regions – Shanghai, Guangdong, Beijing, Tianjin,

Newsletter – April 2022 Global updates – a quick glance Argentina: Australia: Canada: China: Colombia: Czech Republic: Czech Republic extends the paternity

Small Size VAT Taxpayer Preferential Policy On March 24, 2022, the MOF and the STA issued a new announcement on “Exempting small-scale

Poland introduced mandatory E-invoicing from the year 2023 Poland has introduced the new National System of e-Invoices (Krajowy System E-faktur or

Finance Act – 2022 – Highlights Indian Finance Minister Ms. Nirmala Sitharaman presented India’s budget for the year 2022–23 in

Increase in Minimum wages from NIS 5,300 to NIS 6,000 by 2025 Ministry of Finance announced on December 15, 2021,

Ontario proposes Beneficial Ownership Regime effective from January 1, 2023 On November 4, 2021, the Minister of Finance of Ontario has

Slovakia implementing new e-invoicing system – “Informačný Systém Elektronickej Fakturácie (“IS EFA”) Slovakia is set to join countries implementing e-invoicing. E-invoicing