Expatriate Tax
International trading groups which have staff working on
assignment away from their home country will understand the
benefits to be gained from supporting their employees whilst in
their temporary working location and ensuring they are free to
concentrate on their work.
One of the ways in which the employer can help is by relieving the
employees of the problems they might otherwise encounter when they
come up against the tax and social security systems of the country
to which they have been assigned. Compliance obligations differ
considerably country to country and careful planning can minimise
the associated liabilities for both employees and employers.
With a global network of expatriate tax specialists, Baker Tilly
International provides international trading groups with a full
spectrum of technical and practical advice in looking after the
needs of their staff working away from home, wherever they are
located. Some of the ways in which we can help include:
- Entry interviews to familiarise newly arrived expatriates with
the tax and social security systems in their temporary home, to
explain how they will be affected by the systems personally and to
advise on any personal financial planning measures from which they
might benefit
- The preparation of tax returns for expatriates for the duration
of their secondment
- Dealing with any other filings with which they will need to
comply during their stay
- Exit interviews at the end of the secondment, to tidy up any
loose ends.
Our specialists also provide expert advice to employers directly on
expatriate related matters, for example on:
- Preparing letters of assignment for employees moving
abroad
- Adjusting stock option plans so as to reflect periods of
foreign service
- Adjusting company pension plans similarly
- Payroll implications of employees moving abroad.