Transferring employees abroad raises tax issues; companies planning to assign employees to a foreign country, even temporarily, need to examine the tax consequences
Article Abstract:
Employers considering the transfer of employees abroad for any period of time, no matter how brief, must be aware of the income and social security tax consequences of such a decision for both themselves and their employees. Tax jurisdictional disputes are common. Many countries tax the income of resident and non-resident aliens on either a worldwide or a domestic basis. Those seeking relief from double taxation based on tax treaty provisions are often required to file tax forms to gain an exemption. Tax laws in the US, Argentina, France, Germany, Canada and South Africa are discussed.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Since international construction contracts can pose unexpected risks, attorneys need to become familiar with foreign trade organizations' forms and local laws
Article Abstract:
The trend in business is economic globalization, and US companies with international interests need to minimize their economic risk by carefully negotiating international construction contracts and by including in the contracts procedures for resolving construction disputes. In international construction project contracts, the design professional tends to have more discretion with the project than is customary in the US. Other differences include the presence of nominated subcontractors and the different location of risks.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Foreign state subsidy's veil is not easily pierced
Article Abstract:
The Third Circuit's decision in Federal Insurance v. Richard I. Rubin and Co. exemplifies the difficulties of piercing the corporate veil when the ultimate owner is a foreign state. The court held that the state-owner of a partnership created to buy a building that burned was not liable under the Foreign Sovereign Immunities Act because the owner's limited commercial activity in the US could not be characterized as having a direct influence on the claims at hand. Details are discussed.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: What can Eastern philosophy teach us about business ethics? Motivating employees to act ethically: an expectancy theory approach
- Abstracts: Reforming jury practice in patent cases: suggestions towards learning to love using an eighteenth century system while approaching the twenty-first century
- Abstracts: Cracking down on teens and taxi cabs; saying it wants to protect shoppers, mall managers incur wrath of kids and cabbies
- Abstracts: For a bigger, better ABA: three special task forces to examine member relations, services. Thanks for the memories: retiring executive director fondly recalls 28-year career at ABA
- Abstracts: Outsourcing software overseas; foreign developers offer savings so long as risks are minimized. 1995 software compendium