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Services > Tax
& Compliance > Expat Tax
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To maximize worldwide business opportunities, companies are sending employees to
work overseas in increasing numbers but expat scenarios are often stressful. Expats
and their employers need help and advice on local country norms, Cost of Living
Allowance (COLA) and their tax treatment, the running of ghost payrolls and help
with preparing multi-country personal tax returns for the expat. This is often in
the context of a wider package of support also involving visa, work permit and tax
breaks (such as the 30% expat tax ruling in Netherlands).
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Nair & Co. offers clients a dedicated Expat Tax unit that takes the pain and stress
out of these situations. Our expatriate tax and immigration specialists advise and
make necessary applications for work permits and visas. They detail how best to
structure and document an employee’s overseas assignment to identify and exploit
the tax planning opportunities available.
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Expatriate employees are often quickly disenchanted when they discover that their
net take-home pay is lower than expected because of high taxes in a host location.
For this reason, many U.S. employers either offer tax equalization or tax protection
so that their expatriate employees do not pay more tax than the amount they would
have paid had they remained working in the U.S.
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Nair & Co. offers guidance on the suitability of tax equalization and tax protection
for a particular assignment and also details and manages the implementation of the
process. Our team can also run “ghost payrolls” and prepare multi-country personnel
tax filings for expat employees.
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