WLN tag: #internationaltax
Reduced rates of income tax applicable specifically for expats earning income in India orworking in India.
In certain circumstances, expats working in India or earning income in India may enjoy special tax treatment and reduced rates of income tax. 1. Employment income Salary income relating to services rendered in India is deemed to accrue or arise in India irrespective of: Accordingly, such salary income is ordinarily taxable in India. However, expatriate […]
Taxability of Foreign Expats in India: Residential status.
India has emerged as one of the world’s fastest-growing economies and a significant global destination for foreign investment, multinational business operations, technology development, and cross-border employment opportunities. Over the last few decades, the Government of India has progressively liberalised its foreign investment and foreign exchange regulatory framework with the objective of attracting global talent, capital, […]
How are corporations and partnership companies taxed in Italy
If you are planning to establish or acquire a company in Italy, it is essential to analyze the tax regime applicable to corporations and partnerships in Italy. Taxation of corporations In Italy, the main types of corporations include the Limited Liability Company (Società a responsabilità limitata – S.r.l.) and the Joint-Stock Company (Società per Azioni – S.p.A.). Corporations […]
Exit Tax in Poland vs Austria – A Practical Comparison
What is exit tax in principle? “Exit tax” (Wegzugsbesteuerung also called “tax on unrealised gains”) is a set of rules designed to tax latent (unrealised) capital gains when a taxpayer (or assets) leaves a jurisdiction in a way that would otherwise deprive that jurisdiction of its future taxing right on a later disposal. In cross-border […]
Portugal: Everything you need to know about Non-Habitual Resident (NHR)
1. The Original NHR Regime (2009–2023) – Now Closed The original Non-Habitual Resident (NHR) regime was one of Europe’s most attractive tax programs for expats, retirees, and remote workers. It offered some very generous benefits: – 10-year duration (one-time only, not renewable) – 20% flat tax on Portuguese-sourced income from certain high-value professions – Exemptions […]