Tax implications of an international assignment
INSIGHT ARTICLE |
You are off to another country to boost your career. While it may not be the first thing on your mind, a meeting with your tax advisors should be on your agenda. Your advisors can help you understand both home and host country tax implications, what documents will be required from you, and how to plan for foreign and domestic tax contingencies.
To help, we’ve gathered the responses of RSM global employer services professionals regarding questions asked by U.S. expatriates heading off to their international assignments. Their pragmatic advice covers a wide range of issues, including:
- Pre-assignment considerations
- Compensation changes
- Tax return filings
- Federal, state and social tax implications
- Tax equalization
We think you’ll find the guidance in this white paper will be helpful as you prepare for the next chapter in your career. Good luck on your international assignment!
You may also be interested in
INSIGHT ARTICLE
Exiting U.S. tax system: Tax planning can be complex for expatriates
Expatriates looking to becoming non-U.S. tax residents should have an exit strategy in mind to mitigate unexpected, costly tax consequences.
ARTICLE
Tax considerations for expats
Expats have concerns with new assignments, not the least of which are tax issues. Advance planning can minimize issues down the line.
INSIGHT ARTICLE
Top 6 considerations for successful employee repatriation
Successfully repatriating employees needs thorough planning to ensure ongoing satisfaction for organizations as well as their expatriates.
VIDEO
Tips for a successful expat assignment
Sending employees overseas requires careful planning. Watch now for tips on successful international assignment and repatriation.
INSIGHT ARTICLE
Foreign pension and US tax planning for international assignments
Foreign pension plans can be very costly for US taxpayers and play a key role in tax planning for international assignments
