Our International Assignment Sevices(IAS) team focuses on the needs and challenges of international assignment programs, HR coordination and management, assignment tax planning, and individual income tax issues arising from cross border transfers. Our specialists in expatriate taxation are dedicated to providing highly responsive and globally consistent services that cater to the unique demands of the international assignment environment.
- Assistance in designing an incentive planning scheme
We assist from the beginning stage of developing and implementing an incentive plan to award employees with stocks or options and consult with any relevant tax issues. In case of the employee who participates in the plan and will be transferred to overseas, we provide the advice on how the plan should be operated in consideration with the tax law in other countries and bilateral tax agreement.
- Preparation for Japan individual income tax return
We prepare Japan individual tax returns and any related documents for both expatriates in Japan and employees who are transferred to overseas, based on the most updated tax law, considering specific rules such as judgment on residential status and taxable income, calculation of foreign tax credit and the treaty such as exemption for transient. We also calculate local inhabitant tax and provisional taxes.
- Preparation for U.S. individual income tax return
We provide the service for preparing both the U.S. federal and state individual income tax returns and any related documents in Tokyo, based on the most updated U.S. Tax Law. For employees of the U.S. national or with U.S. citizenship, they will receive our service in Japan in regard with U.S. individual income tax returns.
- Assistance in preparing tax returns in the transferred country
Through our PwC global network, we are able to offer a one-stop service on advices for individual income tax not only in Japan or U.S. but also in other regions and for supporting to prepare tax returns.
- Assistance in tax planning for expatriates working in Japan and overseas
Nowadays, there is a growing necessity to consider and take an appropriate action in alignment with the taxation in each country while the expatriate package becomes of great variety. Our tax planning aims to seek the possibility for reducing the cost related to overseas assignment based on the most updated tax law in both Japan and the interested countries by coordinating PwC overseas.
- Preparation for tax projection based on company rule
In accordance with the company rules for expatriates, we prepare projections for such as income tax and/or local inhabitant tax based on the deemed annual income, tax amounts borne by the company, etc.
- Assistance in designing a desirable compensation scheme for employees abroad
We consult with the compensation scheme for the employees who are transferred to overseas in terms of tax efficiency and advise to ensure that they will receive an appropriate compensation.
- Assistance in individual tax audit
In late years, the scope of individual tax audit has been changing due to the diversification of expatriate packages. Keeping in mind with the audit trend, we provide our clients with a support service in individual tax audit which covers various topics.
- Others
We provide advices on various issues of individual income tax.