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Global Employer Services
Global InSight
International stock plan design and administration survey results released
This survey, released by Deloitte and the NASPP provides a comprehensive look at the design and administrative practices of stock plans offered to employees outside of the United States by companies headquartered in the United States. Survey questions addressed stock option plans, employee stock purchase plans, performance plans and restricted stock/unit grants, utilization allocation and source of plan shares as well as equity award issues in the European Union and fourteen specific countries.  Read more Print
India
Highlights of the Finance (No. 2) Bill 2009 - Budget proposals for personal taxation
The Finance Minister of India presented the Union Budget before the Parliament on 6 July 2009, in the backdrop of a global recession and economic slowdown. The proposals made will not acquire legal status until they are approved by both the Houses of Parliament and the President of India. Once approved, the provisions will generally apply to the India tax year 2009-2010 ("FY 2009-10" - April 1 2009 to March 31 2010), unless otherwise stated. Read more Print
People's Republic of China
New incentives announced for MNCs locating regional headquarters in Beijing
In order to attract more foreign investments in Beijing, following on Jing Zheng Fa [2009] No. 15 ("Circular 15") - "Several Provisions on Encouraging Multinational Corporations ("MNCs") to Establish Regional Headquarters ("RHQ") in Beijing" , on 29th June 2009, eight Beijing municipal government departments, namely the Beijing Municipal Commission of Commerce, the Beijing Municipal Commission of Development and Reform, the Beijing Municipal Public Security Bureau, the Beijing Municipal Finance Bureau, the Beijing Municipal Human Resources and Social Security Bureau, the Beijing Municipal Statistic Bureau, the Beijing Municipal State Tax Bureau and the Beijing Municipal Local Tax Bureau, jointly published Jingshang Uzizi [2009] No. 351 ("Circular 351"), titled "Implementation Rules in connection with the Several Provisions on Encouraging MNCs to Establish RHQ in Beijing". Read more Print |
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