Also in the news...
Countering sanctions evasion: guidance for freight and shipping
For freight forwarders, carriers, hauliers, customs intermediaries, postal and express operators, and other companies facilitating the movement of goods.
International Compliance Tips for Entrepreneurs Going Global
While expanding across borders can accelerate business growth, it also raises the stakes when it comes to staying legally compliant.
Cutting Administrative Burdens When Trading Abroad
From customs declarations to inventory tracking across borders, the paperwork and compliance requirements can quickly become overwhelming for growing companies.
Temporary agreement between the Swiss Confederation (Switzerland) and the UK on services mobility
Temporary agreement documents and the exchanges of notes extending the agreement.
Decision. UK-Central America committee documents
Decisions, documents and meeting minutes from UK-Central America countries committees.
Newly Elected Government ‘Reintroduces’ Ontario Budget and Retains Income Tax Increases
The original May Budget was rejected by opposition parties. Fresh from their win, the newly elected liberal government have reintroduced the measures – this time as the July Budget (essentially the same as the May Budget).
The headline items are:
- an increase in personal income tax on incomes in excess of CAD$150,000 – 12.16% applied to salaries between CAD$150k-220K and 13.16% to salaries earned in excess of CAD$220K
- from 2017, an Ontario Retirement Pension Plan (ORPP) will be made available for employees without a workplace pension plan and will require matched contributions from the employee and employer of no more than 1.9% each on a maximum salary of CAD$90k
- phase-out or elimination of the “small business deduction” for certain large Canadian-controlled private corporations (CCPCs) and a new Ontario Retirement Pension Plan