Now could be the time to examine your expatriate tax program to assess whether it achieves individual tax and social security compliance and payroll reporting requirements, minimises tax authority reviews and challenges, and manages both the individual and corporate tax and compliance risks inherent in global deployment.
Do you know who your mobile people are, where they are going and what they are doing?
How do multinational companies today:
Achieving these goals can seem daunting, but it’s not impossible. PwC’s International Assignment Services (IAS) practice helps companies address:
PwC’s global tax network has the technical knowledge and practical experience to help you address your most complex tax positions and tax authority controversies. We have extensive experience resolving issues related to:
To discuss how we might be able to help your company, please contact us.
The international relocation of ‘employees’ on short and long-term assignments (typically anywhere from 3 months to 5 years) may create so-called permanent establishment (PE) risk for the enterprise. Companies may fail to establish or enforce guidelines designed to limit the creation of a taxable presence for the home country ‘employer’. The actual presence of the individual in a foreign jurisdiction may create an unintended taxable presence.
Corporate tax departments need to understand the structure and nature of temporary international work assignments. How many employees will be working in a particular location? What activities will they be doing? What is the duration of time in-country as well as the long-term plan for operations there? All of these factors are necessary to gauge the level of enterprise tax risk by jurisdiction. Working with HR departments and monitoring this risk for global mobility programs should be a fundamental part of the corporate tax department’s risk management activities.
To discuss how we might be able to help you, please contact us.
A global economy requires a global business strategy, which invariably involves the need to move your most important asset -- your people -- fluidly and expeditiously across borders.
But today there’s much more to a global mobility strategy than securing work visas and residency permits, and assuring unimpeded business travel -- as critical as those functions are. Business planning also requires you to take a strategic approach to immigration, which means having your finger on the pulse of pending immigration changes across multiple countries and regions -- and often having your voice heard by policymakers.
As government tax and immigration departments increasingly share information about multinationals, it makes sense to work with a legal services provider with a marquee brand, government know-how, and a global reach who can provide effective, integrated immigration and tax advice -- saving you time and expense, and streamlining processes.
Growing your business often means moving employees between countries – and that means fulfilling local social security obligations. In an environment where regulations change continuously and scrutiny from the authorities is on the rise, it’s becoming harder to get it right.
Our worldwide network of social security experts maintains close links with government authorities to keep you up to date on social security developments and to help you to reduce your risks.
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The European Green Deal is also critical to the region’s post-pandemic recovery. One-third of the EUR1.8 trillion investments from the NextGenerationEU Recovery Plan and the EU’s seven-year budget are financing the European Green Deal. The Green Deal’s main objective is to reduce net greenhouse gas emissions by at...
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There is no doubt that the Middle East is embracing the concept - and the reality - of the ‘tax function of tomorrow’ and the idea of the tax authority as a “superpower” is no longer hypothetical. We are seeing this evolve in real time across the region and the window to be ready to adapt and respond is shrinking....
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Taxpayers should immediately revisit their real estate transactions to ensure compliance with the tax requirements.
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Information on corporate and individual tax rates and rules in over 150 countries worldwide.
