Recent Legislative Updates - November 2013 Edition

Global Equity Compensation Newsletter

In this issue:

  • China -New circular on certain outbound remittances
  • France -New employer-paid tax on employee compensation in excess of 1 million Euros
  • Hong Kong -Clarification on the allocation of equity income for subsequently localized expatriates
  • India -Reduction of the Liberalized Remittance Scheme threshold and ruling on the corporate tax deductibility of ESOPs
  • Mexico -Increase in income tax rates pursuant to Mexico’s 2014 Tax Reform
  • United Kingdom -HMRC guidance regarding the classification of stock options as “legal options”
  • United States -California reduces Section 409A penalty & PwC’s 2013 W-2 Handbook released


Global Equity Compensation Newsletter