Tax Services for International Employees

Weaver can help make overseas assignments easier for employees and less costly for employers.

The Tax Impact of Expatriates Relocating employees, either into or out of the United States, triggers a host of complex tax issues for both the company and the employee. Small details such as staying for a few extra days can have huge impacts. For companies providing tax equalization reimbursements to employees, a host of factors must be considered, such as the taxability of cost-of-living allowances and company stock options.

Potential impacts reach beyond the company’s tax bill. Uncertainty and stress felt by employees can affect their performance and their willingness to accept important overseas assignments. However, proper planning and knowledgeable assistance can make the process easier and less costly for everyone.

Managing Complexity For Employers Weaver helps both companies and employees make sense of varying taxes and filing requirements, social security programs and immigration laws anywhere in the world. We compile the information employers need to create traveler packages, and then we manage the reporting and filing requirements for the expatriates. Weaver calculates accurate hypothetical tax projections for tax equalization, preventing unpleasant year-end surprises.

It takes a professional who deals with these complex international issues day in and day out to stay current on every detail of the ever-shifting tax codes of the U.S. and foreign countries. We stay on top of these changes, and we make sure to keep our clients informed about the latest requirements.

For Employees Our experienced, multilingual professionals also help companies provide a better transition for their employees. We can meet with expat employees individually to provide a tax orientation customized to their individual needs, or we can hold group calls to summarize the tax implications of their move and then confer with those employees to help complete their individual tax returns both in the U.S. and abroad.

Our Services

The Expat Tax Process ⊲ Pre-assignment planning — Hypothetical tax impact

calculations based on home country, destination, length of stay, allowances to be paid, other costs; preparation of offer letters and pre-departure planning

⊲ Orientation — Education for newly arrived transfers to explain what will be required, what documentation to retain, how the filing process works, and how tax equalization reimbursements are calculated

⊲ Tax preparation — One-on-one assistance for employees who must submit tax returns while on assignment

⊲ Tax equalization calculations — Individual calculations for each expat employee, so that companies can accurately reimburse the expat for tax costs that are greater than his/her tax burden had he/she stayed at home

⊲ Ongoing education and updates — Communication about new regulatory changes, here or abroad, that could affect tax liabilities of overseas transfers

Expat Tax Services ⊲ Pre-immigration/emigration tax planning to minimize

employees’ tax liabilities and employers’ tax equalization costs ⊲ Individual U.S. expatriate tax returns both here and abroad,

including foreign earned income exclusions, housing exclusions and tax credits

⊲ Foreign nationals’ U.S. tax returns ⊲ Tax equalization and hypothetical tax calculations ⊲ Shadow payroll management ⊲ Tax planning and strategies ⊲ Advice and briefings on potential issues in any country worldwide ⊲ Tax treaty and social security totalization analyses ⊲ U.S. Treasury Department international bank-account reporting

Why Weaver?Our experienced team of international tax professionals can:

⊲ Help you plan overseas assignments to minimize costs for everyone

⊲ Warn you of new or pending changes that could affect the company or employees, enabling you to prepare and mitigate negative effects

⊲ Coordinate with a network of worldwide resources to help you and employees meet tax requirements around the world

⊲ Assist employees with their tax filings so that your staff can stay focused on doing their best work

© Copyright 2019, Weaver and Tidwell, L.L.P.

For more information visit weaver.com.

Contact Information Mary Thomas, CPA, JD Partner-in-Charge International Tax mary.thomas@weaver.com 832.320.3465

Annick Nguessan, CPA, MBA Director Expat Mobility Services annick.nguessan@weaver.com 972.448.9241

Weaver is very attentive and very knowledgeable. Unless you do it every day, you can’t know all the ins and outs. Our senior manager takes the time to explain these things.

—Weaver international tax client

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