On March 4, 2026, the U.S. Internal Revenue Service (IRS) released an advance copy of Revenue Procedure 2026-16, potentially offering relief to individuals who failed to meet the eligibility requirements of either the bona fide residence test or the physical presence test under U.S. Internal Revenue Code section 911(d)(1)—and thus would not be able to […]
On April 7, 2026, the U.S. Internal Revenue Service (IRS) released Notice 2026-25, which updates the list of foreign locations with high housing costs relative to the United States.The notice is effective for tax years beginning on or after January 1, 2026. However, if the 2026 adjusted housing limitation amounts are higher than those provided […]
The U.S. Treasury Department (Treasury) and the Internal Revenue Service (IRS) released proposed regulations providing rules and definitions related to the new one percent excise tax, enacted in the One Big Beautiful Bill Act (OBBBA), on certain remittance transfers that occur after December 31, 2025 Accede al recurso completo Fuente: KPMG
On March 25, 2025, President Trump signed an Executive Order to modernize how the government handles money—switching from paper-based payment to electronic payment. The Order mandates that effective September 30, 2025, the federal government will cease issuing paper checks for any disbursements, including tax refunds. Additionally, payments made to the federal government must also be […]
The IRS has released Fact Sheet 2026-02, providing updated Frequently Asked Questions (FAQs) regarding the implementation of Executive Order 14247, Modernizing Payments To and From America’s Bank Account. The Executive Order directs the transition to fully electronic federal payments both to and from the IRS, aiming to reduce fraud, increase efficiency, lower costs, and enhance […]
Immigration and Customs Enforcement (ICE), in a “fact sheet” available on its website, has made a significant change to the way it conducts I-9 audits. Specifically, ICE has broadened what it considers to be a “substantive” violation on an I-9. This change is likely to increase the financial penalties employers face during an audit, impacting […]
Vietnam has officially joined the Apostille Convention, which will be a significant shift in how foreign public documents are recognized in the country. Once the Convention enters into force, documents issued in participating member states will no longer require multi-step consular legalization. Instead, a single Apostille certificate issued in the document’s country of origin will […]
On 10 November 2025, the Vietnamese government issued Decree No. 293/2025/ND-CP (“Decree 293”) regulating the regional minimum wage (RMW) for employees working under employment contracts. Decree 293 took effect on 1 January 2026, replacing Decree No. 74/2024/ND-CP (“Decree 74”) dated 30 June 2024.In accordance with Decree 293, the monthly and hourly RMW have been increased […]
On 24 December 2025, the Government issued Decree No. 337/2025/ND-CP (“Decree 337”), providing a legal framework for the execution and management of electronic labor contracts. The Decree took effect 1 January 2026, and the Government must operationalize a new national platform no later than 1 July 2026. Accede al recurso completo Fuente: Baker McKenzie
Ecuador offers several temporary residence categories relevant for corporate relocations: the work residence visa (with a local employment contract), the professional residence category (for individuals with a recognized university degree), and the Mercosur residence category for nationals of Argentina, Brazil, Chile, Paraguay, Uruguay, and Bolivia. The process is managed through the Ministry of Foreign Affairs, […]