Companies that plan to send employees outside of their Home country should first know about the possible tax complexities that may result from the use of an international workforce. Here are five things employers need to know before sending employees abroad.
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In Case You Missed It: Q2 Roundup of Interesting Articles on Mobility Tax
Our team of mobility tax professionals is always looking to keep organizations updated on industry trends and regulations regarding international employees. In addition to our regularly updated blog, we put a wealth of resources at your fingertips regarding mobility tax, global equity, and business travel—including on-demand webinars, online newsletters, and downloadable guides.
We’ve put together this roundup of some of our top blog articles that we published in Q2.
Tips for Navigating Worldwide ERC® Global Workforce Symposium in 2019
If your company has a mobility program, then the Worldwide ERC® Global Workforce Symposium is a must attend event.
US citizens and permanent residents working outside the United States generally are still required to file annual US tax returns, and the IRS is constantly updating its technology to better locate those non-filing taxpayers and bring them into compliance. However, in addition to increasing its enforcement capabilities, the IRS has also taken steps to encourage non-filers to come into compliance by waiving penalties for those taxpayers eligible to take advantage of the streamlined offshore compliance procedures.
How Can I Avoid Double Tax While Working Abroad?
When they are working outside the United States, most US citizens and permanent residents (i.e., green card holders) will be required to file income tax returns in both their Host country and in the United States. Filing two sets of returns can be a headache for the taxpayer, but it does not necessarily mean that they will be taxed twice on the income earned while working abroad.
An employee is likely to see an offer of an international assignment as a vote of confidence from an employer and an opportunity for career advancement. However, there are a number of questions the mobile employee should ask of his or her employer prior to accepting the international assignment, especially when it comes to questions related to regulatory requirements (e.g., immigration, tax compliance) and compensation and benefits issues in both the employee’s Home and Host countries.