Skip to main content

Equus Tax Engine v.25.3 released 29 May 2025

Key Features Features Updates Supported Authorities Resources Click for full PDF release notes Key Features The current release includes several new features which significantly enhance the functi

Updated over 2 weeks ago

Key Features Features Updates Supported Authorities Resources

Key Features

The current release includes several new features which significantly enhance the functionality of the Equus Platform.

Enhanced Automatic Social Security

Added the following agreements. Look for the new Enhance Automatic Social Tax? tax position in the home tax estimators and select Yes to utilize the feature:

  • Belgium – India

  • Brazil – United States

  • Canada – India

  • Czech Republic – Germany

  • Czech Republic – India

  • France – India

Note that for pre-existing calculations using this feature where Germany is the host country, the cost estimate will need to be updated to set the tax position to Yes on the home estimator. Going forward, the tax position will be present on the home estimator for each country that has at least one enhanced agreement.

New Swiss Canton: Valais

Added support for the Swiss canton of Valais, bringing the total number of supported cantons to 10. Situated in the southwestern portion of Switzerland, Valais borders Italy and France. French and German are its two official languages, and Sion is its capital and the largest city. The top cantonal and communal rates of 14% and 10%, respectively, are imposed on taxable income above CHF 200,000.

Canton-Specific Tax Positions

As with other supported cantons, the communal coefficient can be overridden by using the Communal Rate Override input. Unique to Valais, a Communal Indexation Override input is also provided to override the indexation value that is used to determine the applicable communal tax bracket. The default communal coefficient and indexation rate used are 1.10 and 176%, respectively, which correspond to the capital city of Sion.

Cantonal Family Allowance Contributions

As with all other supported cantons, a family allowance contribution is calculated as part of Switzerland social security. Employer and employees contribute at rates of 3.16% and 0.171%, respectively.

Features

The current release includes several features which enhance the functionality of the Equus Platform.

France

Income Tax

Added the Yes - With Hypo Deduction option to the Qualifies for Inpat Concession? tax position to deduct hypothetical tax from assignment income when the inpatriate concession applies. Previously, the hypo tax deduction was excluded when the concession was selected.

Germany

Income Tax & Social Security

Added a new input option of Yes - Actual Only for Contributes to Private Health Insurance? tax position. When selected:

  • Amounts entered in the Employer Paid Medical and Dental and the Pretax Medical and Dental line items are:

    • Nontaxable and deductible, respectively, for actual calculations.

    • Taxable and nondeductible, respectively, for hypothetical calculations.

  • Private Health Insurance deduction calculates.

  • Social security excludes employee and employer Health Insurance and Nursing contributions for actual calculations but includes them for hypothetical calculations. Note that when Tax Calculation Method is set to Grossup Only, the without side of the calculation will continue to follow the behavior on the with side to ensure a valid grossup is calculated (i.e. it will behave as if Yes is selected for Contributes to Private Health Insurance?).

Updates

Updates include calculation and rate changes to reflect current tax law resulting from inflation adjustments, legislative changes, and review of supported authorities. Effective dates indicate when the changes enter into force. Amounts are annual unless stated otherwise.

Australia

Social Security

Increased the employer superannuation contribution rate by 0.5% to 12% and decreased the wage ceiling by AUD 10,280 to AUD 250,000, effective July 1, 2025.

Austria

Income Tax

Made the following changes:

  • Applied a proration to foreign social contributions based on months spent in Austria when the employee remains a tax resident in the home country in determining the amount deductible in Austria. Also included the foreign social contribution as deductible for non-equalized calculations for inbound employees.

  • Extended the expiration year of the top tax bracket from 2025 to 2029.

Belgium

Income Tax

Applied a proration to foreign social contributions based on months spent in Belgium when the employee remains a tax resident in the home country in determining the amount deductible in Belgium. Also included the foreign social contribution as deductible for non-equalized calculations for inbound employees.

Social Security

Made the following changes:

  • Enhanced the social tax detail report to disclose each contribution separately.

  • For employer contributions:

    • Added Business Closure Fund at 0.23%.

    • Added Business Closure Fund - Special Contribution at 0.17%.

    • Increased Wage Moderation by 1.92% to 7.11%.

    • Decreased Unemployment by 0.14% to 1.46%.

    • Separated the Basic contribution into its components and increased by 3.44% to 24.92%.

Bolivia

Increased the following, based on minimum wage changes, effective January 1, 2025:

Income Tax

  • Standard deduction by BOB 6,000 to BOB 66,000.

  • Personal credit by BOB 780 to BOB 8,580.

Social Security

  • Wage ceiling by BOB 180,000 to BOB 2 million.

Brazil

Income Tax

Increased the 0% bracket threshold by BRL 170 to BRL 2,429, effective May 1, 2025.

Social Security

Enhanced the social security detail report to disclose each contribution separately.

Income Tax & Social Security

Enhanced the income tax and social security detail reports to show annual values, thus more clearly relating to the actual and hypo details.

Bulgaria

Social Security

Increased the wage ceiling by BGN 4,560 to BGN 49,560, effective April 1, 2025.

Cameroon

Other Employer Costs

Corrected the payroll tax rate by increasing it from 1% to 4.25% to include contributions to the employment fund.

Canada

Income Tax

Corrected the tax relief for Canada and Quebec Pension Plan contributions by reclassifying the relief for additional contributions to be a deduction instead of a credit.

Czech Republic

Income Tax & Social Security

Added detail reports to display the income tax table and social security contributions.

Denmark

Income Tax

Applied a proration to foreign social contributions based on months spent in Denmark when the employee remains a tax resident in the home country in determining the amount deductible in Denmark. Also included the foreign social contribution as deductible for non-equalized calculations for inbound employees.

France

Income Tax

  • Corrected the Tax Services line item to be non-taxable.

Social Security

  • Added the following employee contributions:

    • Social Dialogue at 0.02%.

    • Solidarity (CSA) at 0.3%.

  • Decreased the Work Accident rate by 1.25% to 0.87%.

  • Updated the supplementary pension wage ceilings to prorate for inbound, part year assignments. Previously, the wage ceilings were treated as annual values, even when income was prorated.

  • Enhanced the social tax detail report to disclose each social security and payroll contribution separately.

Payroll Tax

  • Added Apprenticeship Tax (TA-CSA) at 0.4%.

  • Increased the Mobility Payment rate from 2.95% to 3.2%.

  • Updated the Qualified Employer bracket thresholds.

Gabon

Income Tax

Corrected the salary tax calculation by removing the employment deduction of XOF 10 million and adding the salary tax deduction of XOF 1.8 million.

Honduras

Social Security

Corrected the social and health insurance wage ceilings by increasing the amounts by HNL 13,280 to HNL 142,838 and 18,731 to HNL 142,838, respectively, effective May 28, 2025.

Hungary

Income Tax

Increased the child credits, effective January 1, 2025. The credit for one child increased by EUR 399,960 to EUR 1.2 million.

India

Income Tax

  • Made the following changes to the simplified regime tax table, effective April 1, 2025:

    • Added a 25% bracket applicable to income between INR 2 million and INR 2.4 million.

    • Increased the bracket thresholds. The threshold for the 30% top bracket increased by INR 900,000 to INR 2.4 million.

  • Corrected the following:

    • When Select Regime is set to Simplified, the marginal surcharge relief calculation is corrected to not exceed the calculated marginal surcharge.

    • Deemed housing benefits by decreasing the rate by 5% to 10%, effective September 1, 2023.

Iraq

Social Security

Corrected the following, effective December 1, 2023:

  • Removed the risk allowance adjustment from the wage base.

  • Added a wage ceiling of IQD 1.75 million.

  • Increased the employer contribution rate for inbound employees by 8% to 20%.

Israel

Social Security

Increased the following, effective January 1, 2025:

  • Wage ceiling by ILS 19,980 to ILS 608,340.

  • Resident rates: The top employee rate increased by 0.17% to 12.17%. The top employer rate remains 7.6%.

  • Nonresident rates: The top employee and employer rates remain 0.87% and 2.65%, respectively.

Ivory Coast

Other Employer Costs

Corrected the wage base for payroll tax, effective January 1, 2024. Previously, the wage base excluded 20% of gross income, resulting in a potential understatement of tax costs.

Jamaica

Income Tax

Increased the 0% bracket threshold by JMD 99,288 to JMD 1.8 million, effective April 1, 2025.

Japan

Income Tax

Increased the following, effective January 1, 2025:

  • Personal allowance by JPY 100,000 to JPY 580,000 for national and inhabitant taxpayers earning JPY 24 million and below.

  • Minimum employment deduction by JPY 100,000 to JPY 650,000.

Lebanon

Corrected by increasing the following, effective January 1, 2024:

Income Tax

  • Tax bracket thresholds. The threshold for the 25% top bracket increased by LBP 12.8 billion to LBP 13.5 billion.

  • Personal and dependent deductions, by LBP 413 million to LBP 450 million and by LBP 43 million to LBP 45 million, respectively.

Social Security

  • Employee health by LBP 864 million to LBP 1.1 billion.

  • Employer social security and family benefits by LBP 864 million to LBP 1.1 billion and by LBP 103 million to LBP 144 million, respectively.

Lesotho

Income Tax

Increased the following, effective April 1, 2025:

  • Tax bracket thresholds. The threshold for the 30% top bracket increased by LSL 3,540 to LSL 74,040.

  • Personal credit by LSL 600 to LSL 11,640.

Mexico

Social Security

Made the following changes:

  • Corrected the social wage base calculation to include the integration factor of 104.93%.

  • Enhanced the social tax detail report to disclose each contribution separately.

Montenegro

Income Tax

Increased the pension wage ceiling by EUR 7,246 to EUR 68,765, effective January 1, 2025.

Netherlands

Income Tax

Decreased the maximum general credit by EUR 335 to EUR 3,068, effective January 1, 2025.

Romania

Social Security

For outbounds where Tax Resident is set to No, corrected the social security to calculate on assignment income. Previously, social security was calculated only on base compensation, resulting in a tax cost understatement.

South Korea

Social Security

Increased the pension wage ceiling by KRW 2.4 million to KRW 76.4 million, effective July 1, 2025.

Spain

Income Tax

Applied a proration to foreign social contributions based on months spent in Spain when the employee remains a tax resident in the home country in determining the amount deductible in Spain. Also included the foreign social contribution as deductible for non-equalized calculations for inbound employees.

Sri Lanka

Income Tax

Made the following changes, effective April 1, 2025:

  • Removed the 12% tax bracket and adjusted thresholds. The threshold for the 36% top bracket remains LKR 2.5 million.

  • Increased the personal allowance by LKR 600,000 to LKR 1.8 million.

Tunisia

Social Security

Added an unemployment insurance contribution of 0.5% for employees and employers,

effective January 1, 2025.

Uganda

Social Security

Corrected the employer social tax contribution to calculate at 10% for inbound assignments that do not exceed 36 months, with Calculate Social Taxes? set to Automatic. Previously, this contribution was exempt.

United States

Arkansas

Income Tax

Corrected the supplemental rate by decreasing it by 0.5% to 3.9%, effective January 1, 2024.

Georgia

Income Tax

Decreased the supplemental and ordinary rates by 0.2% to 5.19%, effective January 1, 2025.

Idaho

Income Tax

Decreased the supplemental and ordinary rates by 0.4% to 5.3%, effective January 1, 2025.

Utah

Income Tax

Decreased the supplemental and ordinary rates by 0.05% to 4.5%, effective January 1, 2025.

West Virginia

Income Tax

Decreased the supplemental rates, effective January 1, 2025. The top bracket rate decreased by 0.3% to 4.82%.

Social Security Agreements

Appendix

Income Tax Treaties and Social Security Agreements

Added the following:

Type

Countries

Effective Date

Duration (Months)

Income Tax

Ireland – Oman

January 1, 2025

6

Recommended Tax Positions

Added defaults for the following new tax positions

Tax Estimator

Location

Tax Input Name

Long Term

Permanent

Short Term

Belgium

Home

Enhance Automatic Social Tax?

No

No

No

Brazil

Home

Enhance Automatic Social Tax?

No

No

No

Canada

Home

Enhance Automatic Social Tax?

No

No

No

CHE Valais

Home

Communal Rate Override

0

0

0

CHE Valais

Home

Communal Indexation Override

0

0

0

CHE Valais

Home Work

Communal Rate Override

0

0

0

CHE Valais

Home Work

Communal Indexation Override

0

0

0

CHE Valais

Host

Communal Rate Override

0

0

0

CHE Valais

Host

Communal Indexation Override

0

0

0

China

Home

Enhance Automatic Social Tax?

No

No

No

Czech Republic

Home

Enhance Automatic Social Tax?

No

No

No

France

Home

Enhance Automatic Social Tax?

No

No

No

Germany

Home

Enhance Automatic Social Tax?

No

No

No

India

Home

Enhance Automatic Social Tax?

No

No

No

Japan

Home

Enhance Automatic Social Tax?

No

No

No

Turkey

Home

Enhance Automatic Social Tax?

No

No

No

United States

Home

Enhance Automatic Social Tax?

No

No

No

Supported Authorities

Search “supported authorities” and "supported subauthorities" in the help center for a full list of our 226 supported authorities including:

  • 155 Countries

  • 50 American States and the District of Columbia

  • 10 Canadian Provinces

  • 10 Swiss Cantons

Resources

Help Center articles updated this release:


Did this answer your question?