German Parliament introduces a new Tax Exemption Law for Restructuring Gains On April 27, 2017, the German Federal Government has passed legislation enacting new rules on the taxation of restructuring gains. The reason being, the existing practice of having a tax liability arising out of restructuring gains to be deferred and eventually waived violates fundamental…
Denmark: Tax Relief on Employee Stock Options Denmark has approved a new method of taxing employee share allocations and stock options. The new legal amendment (430/2016) will come into effect July 1, 2016. The changes allow companies to give up on a corporate tax deduction in lieu of favorable tax treatment for employees who choose…
Safe Harbor: New Guidance Reaffirms Use of Alternative Tools for Lawful Data Transfer European Commission’s latest guidance on the Schrems (Safe Harbor) ruling reaffirms the use of alternative tools for lawful data transfers to countries outside Europe, including to the U.S. Here are some details on these “alternative tools.” Standard Contractual Clauses (“SSCs”): The…
Global Expansion: Getting it Right the First Time International expansion done right is a key next step for growing companies. But a wrong move in the wrong market can often set off a chain reaction of legal, tax, compliance and HR complications that is tough to handle even for the most experienced executives. Join Global Upside, K&L…
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