Increased the employee wage ceiling by ARS 318,368 to ARS 2.6 million, effective September 1, 2020.

Decreased the employer contribution rate by 0.3% to 25.8%, effective January 1, 2021.

Limited the household and family bonus credits to residents.

Corrected the tax rate applicable to income between EUR 11,000 and EUR 18,000 to 20%. Previously, 25% was used resulting in an overstatement of tax.

By the indexing rate of 1%:

Personal maximum allowance by CAD 579 to CAD 13,808.

Maximum voluntary pension deduction by CAD 1,380 to CAD 29,210.

Added the option to calculate employer health tax for British Columbia, Manitoba, Newfoundland and Labrador, Ontario, and Quebec. This tax was introduced at the provincial level beginning in 2018. The calculation uses the highest applicable rate for each province which ranges from approximately 2% to 4.3%.

Canada Pension Plan wage ceiling and contribution rate by CAD 2,900 to CAD 61,600 and 0.2% to 5.5%, respectively.

Employment Insurance wage ceiling by CAD 2,100 to CAD 56,300.

Decreased the employee and employer Employment Insurance contribution rates by 0.1% to 1.2% and 1.7%, respectively.

Increased the Quebec Pension Plan and Quebec Employment Insurance wage ceilings in accordance with federal amounts.

Camp Accommodations

Housing Costs Host Country

Temporary Housing in Home and Foreign Countries

Corrected the inbound Special Assignee Relief to apply the maximum cap of EUR 1 million for all years. Previously, the threshold was not applied when Year Column Label was after 2020, resulting in a potential understatement of tax.

Limited the outbound Foreign Earnings Deduction to cost estimates with Year Column Label of 2022 or earlier.

Corrected voluntary employer pension contributions to be nontaxable for inbound assignments from an EEA country or the United States and all outbound assignments. Previously, these contributions were nontaxable for all assignments resulting in a potential understatement of tax.

Increased the maximum employment credit by EUR 600 to EUR 3,080, effective January 1, 2021.

Changed the taxability of the following line items:

Dependent Home Study Costs and Family Correspondence Courses to nontaxable.

Tax Services to nontaxable when Assignment Type is Short Term with Deductions and assignment duration is 12 months or less.

Additional relocation related line items as disclosed in Appendix B.

Changed the dependent exemption calculation as follows:

Dependents – Discontinued the use of this value to calculate the national tax exemption of JPY 380,000 per dependent, as it may include dependents under age 16 who are ineligible for exemptions. This value is derived from the Family Size value on the General Info

Dependents Age 16 and Above – Added this input. The value entered is reduced by the value entered in the following input to calculate the national and inhabitant tax exemption of JPY 380,000 and JPY 330,000 per dependent, respectively.

Dependents Age 19 to 22 – Added this input. The value entered is used to calculate the national and inhabitant tax exemption of JPY 630,000 and JPY 450,000 per dependent, respectively.

Corrected the wage base used to calculate personal and spousal allowances to include the taxable housing benefit and employment income deduction.

For inbound assignments: Departure/Destination Services, Employee and Family Airfare/Hotel on Expatriation and Repatriation, Meals, Pre-Assignment/Pre-Repatriation Visit, Temporary Housing in Foreign and Home Country, Temporary Living Expenses, and Transportation of Goods on Expatriation and Repatriation

When the business expense assumption applies: line items disclosed in Appendix B.

Changed the employer voluntary pension contributions to be nontaxable for outbound assignments.

Made the following changes to the expatriate concession:

Reclassed Tax Equalization Settlement as recurring costs which is deductible up to the lesser of EUR 50,000 for single taxpayers or 30% of base salary.

Added the following line items to nontaxable recurring costs:

Changed the taxability of certain moving costs and allowances disclosed in Appendix B.

Primary or Secondary School Costs Host Country to taxable.

Pre Assignment/Pre Repatriation Visit and Shipment of Pets to nontaxable.

Limited the 20% preferential rate to assignments with a duration of six months or less from a non-EEA country.

Changed employee voluntary pension contributions to nondeductible.

Family Cultural and Language Training to taxable.

Per Diems to nontaxable when Assignment Type is Short Term with Deductions and assignment duration is 12 months or less.

Additional line items as disclosed in Appendix B.

Limited the outbound foreign income exemption to countries that have a treaty with Spain and reduced the maximum exemption available in partial years.

Included Pretax Medical and Dental in the EUR 500 maximum deduction for health contributions. Previously, the maximum only applied to Employer Paid Medical and Dental.

Changed the taxability of the following line items:

Carrying Charges, Family Medical Insurance in Host, Home Country Storage, Home Sale Closing Costs, and Property Management to taxable.

Employee Medical Insurance in Host to nontaxable when Assignment Type is Short Term with Deductions and assignment duration is 12 months or less.

Additional line items as disclosed in Appendix B.

Employee Home Leave and Employer Provided Driver to nontaxable when Assignment Type is Short Term with Deductions and assignment duration is 12 months or less.

Family Home Leave to taxable.

Additional relocation related line items as disclosed in Appendix B.

Employment income credit amounts and thresholds. The maximum credit increased by SEK 168 to SEK 26,589 and the phaseout threshold increased by SEK 4,062 to SEK 644,504.

Personal allowance amounts and thresholds. The maximum allowance increased by SEK 231 to SEK 36,652 and the phaseout threshold increased by SEK 933 to SEK 148,036.

Maximum employer voluntary pension deduction by SEK 3,000 to SEK 476,000.

Changed Employee Home, R&R, or Rotational Leave to be taxable when Qualifies as International Employee? is Yes.

Added the Exclude General Employment Deduction? input to compensation calculations. This input should be set to Yes when compensation includes representation allowance.

Deduction for UK social security: Denmark, Italy, Poland, and Sweden.

Exemption of employer voluntary pension contributions: Belgium, Ireland, Norway, and Spain.

Deduction or credit of employee voluntary pension contributions: Belgium, Ireland, Italy, Norway, Spain, and Sweden.

Family credit and reduced nonresident rate: Spain.

Personal and dependent deductions: Slovenia.

Tax bracket thresholds. The threshold for the top rate of 37% increased by USD 5,200 to USD 523,600.

Standard deductions. The deduction increased by USD 150 to USD 12,550.

Nontaxable portion of voluntary pension contributions by USD 1,000 to USD 58,000.

Foreign earned income exclusion by USD 1,100 to USD 108,700.

Alternative minimum tax thresholds, exemptions, and exemption phaseout thresholds.

Tax bracket thresholds. The threshold for the top rate of 8.5% increased by USD 450 to USD 75,420.

Standard deductions. The deduction increased by USD 20 to USD 2,130 for single taxpayers.

Added a dependent exemption of USD 590.

Increased the tax credit phaseout thresholds. The threshold increased by USD 623 to USD 14,879 for single taxpayers.

For income below USD 11,970, decreased the rate by 0.5% to 3.5%.

For income between USD 11,970 and USD 23,930, decreased the rate by 0.6% to 4.7%.