Signed into law by President Donald Trump on July 4, 2025, the One Big Beautiful Bill Act (OBBB) contains extensive revisions to the U.S. Internal Revenue Code (Code). (For a comprehensive analysis of the bill, see Holland &...more
El artículo 21 de la Ley 2381 de 2024, inicialmente estableció que el contratante respondería por la cotización de aportes al Sistema General de Pensiones de sus contratistas en Colombia. No obstante, el Decreto 514 de 2025...more
The French Finance Act for 2025 radically overhauled the tax and social security treatment of management packages. The BSPCE regime is also subject to some amendments. Key changes and features you need to be aware of: a...more
On January 5, 2025, Former President Biden signed the Social Security Fairness Act (SSFA), H.R. 82, into law. The SSFA, which garnered bipartisan support in Congress, repeals certain provisions of the Social Security Act that...more
On August 8, 2019, India’s new Code on Wages (Code) received the Presidential assent and was notified in the official gazette. The Code consolidates four major federal-level labor laws pertaining to wages paid by the...more
Companies No Longer Required to Pay Social Security Contributions for Independent Contractors - New Legislation Enacted - Pursuant to Act 1955 of 2019, companies are no longer obliged to pay social security...more
The “105-Day Expanded Maternity Leave Law,” which became effective on March 8, 2019, extends maternity leave benefits to all female workers in the government and private sectors, including those in the informal economy,...more
Strengthening of Company Pension - Only around 60% of employees in Germany have a company pension plan, which they use to provide for retirement in addition to the statutory pension. This is set to change from January 1,...more
State Budget Law 42/2016 of December 28, 2017 - Enacted Legislation - Effective January 1, 2017, State Budget Law for 2017 introduced various modifications to the labor law landscape, which have had an immediate...more
Social Security - Enacted Legislation - Effective January 1, 2017, Slovakia removed the ceilings for mandatory health insurance contributions, which affects high-earning individuals and employer costs. ...more
El Presidente Nicolás Maduro anunció, nuevamente, un aumento del treinta por ciento (30%) sobre el salario mínimo mensual para los trabajadores y un aumento en la base de cálculo del "Cestaticket Socialista" a tres y media...more
On April 29, 2016, Venezuelan President Nicolás Maduro announced a 30% increase in the monthly minimum wage, effective May 1, 2016. President Maduro also announced an increase in the meal benefit, which will now be three and...more