How does ExpatMonitor handle expatriate tax concessions and non taxable benefits in the host country?
In those locations where there are special tax rates for expatriates, the system will use corresponding tax tables as a default. In addition, each expatriate allowance or benefit can be identified both at policy and assignment levels as taxable or not taxable. For example if the housing allowance is not or only partially taxable in a host country, the user can specify that the taxable income will not include the value of the housing allowance.
Related Questions
- Does Form RRB-1099-R show the taxable amount of any contributory railroad retirement benefits or just the total amount of such benefits paid during the tax year?
- For tax year 2009, the first $2,400 in unemployment benefits was not taxable by the Federal Government. Does this rule apply for the 2010 tax year too?
- Can an employer put taxable benefits through payroll for tax purposes?
