GPMI News Archive

The government of New South Wales, Australia, has announced tax relief measures to help businesses impacted by the COVID-19 pandemic.

Data security and privacy regulations can be daunting for US companies employing staff in the EU, so contract an ISAE 3000-attested payroll provider.

Effective 7 September 2021, El Salvador will become the first nation to make bitcoin legal tender under a new law.

A new law gives workers the right to paid sick leave. It will be implemented over four years with employees entitled to three paid sick days per year in 2022.

Canada and the U.S. each have created a new federal holiday that will be observed by their respective federal governments.

The Netherlands is extending its COVID-19 support package for jobs and the economy into the third quarter of 2021 to help with the uncertainties for businesses and workers as the economy recovers.

The United Kingdom's Coronavirus Job Retention Scheme is further extended until the end of September (from April).

The U.S. and Switzerland have entered into a new agreement which lists pension and retirement arrangements eligible for an exemption from tax withholding on dividends received.

France will determine the unemployment insurance rate paid by employers on a Bonus-Malus system, meaning the rate can increase or decrease. This will replace the system under which an employer paid a standard unemployment insurance rate of 4.05%.

The IRS announced that the U.S. and Japan have entered into an arrangement to implement the arbitration process provided for in the countries' agreement on the prevention of double taxation.