Apr 092017
(First of two parts)
For someone on an expatriate assignment, understanding the tax impact of such an assignment is just as relevant, or even more crucial, as knowing the location of the new home or the strengths of the children’s new school. Further, when the employer puts in place a tax equalization (TEQ) arrangement for the international assignment, it is equally important to understand its meaning and objective, the mechanics, and the related tax implications thereof.