The global mobility landscape is continuously evolving, often bringing significant changes that directly impact businesses, mobile employees, and the broader mobility industry. In our recent webinar, we explored key legislative, economic, and policy developments that could shape mobility programs in the months ahead. With new regulations taking effect and additional proposals on the horizon, staying informed is crucial for strategic planning.
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Everything You Need to Know About International Tax for Your Cross-Border Employees
In today’s technological world, it is easier than ever for businesses to participate in the global economy through the use of business travelers, international assignments, remote workers, or one-way transfers. However, international tax compliance for cross-border employees can present unexpected challenges for both the employee and the company. Even a single day of work in a foreign location can trigger complex tax filings for the individual, as well as tax reporting and withholding obligations for the company in the Home and Host countries. Failing to comply with these obligations can have serious consequences, such as unexpected tax bills, increased audit costs, financial penalties, and legal and reputational risks for the company and the employee.
Managing Global Mobility Risks and Optimizing Your Employee Mobility Program
Global mobility programs play a vital role in supporting business growth and talent strategies. As companies navigate an interconnected world, the complexities of managing cross-border assignments, transfers, and business travel have grown significantly. Heightened regulatory scrutiny, evolving compliance requirements, and financial pressures continue to push organizations to refine their approaches to managing mobile assignments.
At GTN, we are committed to being more than just an industry leader; we strive to be a catalyst for positive change in the communities we serve and beyond. Our dedication to social and environmental responsibility is embedded in the core of our company culture, aligning with the values we share with our clients, colleagues, and employees. We believe this commitment is not only a reflection of our values but a critical part of our role in shaping a better, more sustainable future.
As we look back on 2024, we are proud of the strides we've made in supporting essential causes that drive real, lasting change. The journey towards a brighter future is ongoing, and we are eager to continue our efforts in 2025 and beyond.
Join us as we look back on the impactful initiatives we supported this past year.
As we look back on 2024, the global mobility industry experienced many changes, including an increase in countries implementing digital nomad visas, updates to tax treaties addressing cross-border employment complexities, and enhanced scrutiny on compliance worldwide. Additionally, technology advancements streamlined reporting processes, and organizations placed a greater emphasis on supporting their remote workforce with tailored benefits.
For the seventh consecutive year, GTN is proud to once again partner with Toys for Tots to brighten the holidays for children in need!
Across the US, communities are facing financial struggles, and families often feel these burdens more during the holiday season. Your generosity can turn a child's holiday from one of emptiness into an occasion filled with joy and wonder.