2022 has been an unpredictable year amidst soaring inflation and geopolitical unrest. In the tax realm, governments have been trying to hedge against this uncertainty by shoring up their budgets and addressing inconsistent tax enforcement. Unsurprisingly, much of this government activity has centered around taxpayers with means — high net worth domestic taxpayers and foreign investors. Below, we roundup some significant international tax developments concerning high net worth individuals and foreign investors in the first three quarters of 202 Singapore...

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The Protected Disclosures (Amendment) Act 2022 (the Act) transforms the legal landscape of protected disclosures, often referred to as ‘whistleblowing’. The Act significantly expands the scope of the protections for those who make protected disclosures and places new and enhanced obligations on organisations with more than 50 employees to have processes in place to facilitate workers in making protected disclosures. We outline some of the main aspects of the Act which differ from and supplement those of its predecessor, the...

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Over 500,000 Miami residents will be able to subscribe and receive crucial updates, city news, information about municipal services, emergency alerts, and more – straight to their smartphones via a single app. Miami, FL – 9/16/2022 – The City of Miami has added Simplicity to its list of social networks to enhance the way it communicates with residents. With the Simplicity app, Miami residents can access a range of important city information in English or Spanish in a single app. "Simplicity...

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On September 15, President Biden issued Executive Order 14083 (EO) — “Ensuring Robust Consideration of Evolving National Security Risks by the Committee on Foreign Investment in the United States” — providing formal guidance to the Committee on Foreign Investment in the United States (CFIUS) on factors CFIUS must consider when conducting national security reviews. CFIUS is authorized to review covered investments and real estate transactions in the U.S. to determine whether they have an effect on national security. Notably,...

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Ottawa to drop health measures for incoming travellers As of September 30, mandatory vaccinations for travellers entering Canada, random airport testing and mandatory use of the ArriveCAN application will be dropped. The government announcement will be made on Monday. The issue of wearing masks on aircrafts or trains is also under review and more information will likely be announced by the Prime Minister on Monday. New regulations are set to come into force on September 26, 2022, enhancing the employer compliance regime...

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