“Going green” at home can seem like a relatively simple task. Recycle what you can, reuse and repurpose where possible, reduce the amount of goods you use, be strategic about your outings… the list goes on. When you are at home, it is likely just you and your family all able and willing to contribute to the “green” cause. But when you are in an office environment, going green can be more difficult.
UPDATED: February 7, 2020
On January 31, 2020 the UK left the EU and has entered into an 11-month transition period. Now that this departure has taken place, it is a good time to carefully review the impact this will undoubtedly have on employees assigned to the EU.
Attracting and retaining skilled workers in today’s tight labor market takes more than a competitive salary. Many companies find they can meet their employment needs and their employees’ incentive preferences by offering a portion of their compensation as equity.
In this mobile age, your employees are just as likely to work with clients from a desk down the hall as they are to work from different facilities halfway around the world. This makes keeping track of your organization’s business travelers a challenge—one that could potentially add complexity, costs, and risks.
It’s important for global companies of all sizes to be aware of tax obligations whenever an employee crosses a border. Remembering to check into possible tax exposure is critical to ensuring your employees are informed and to allow your company to mitigate potential risks. There are three common mobile employment scenarios that your company should understand and be prepared to handle.
Employees who work across global as well as domestic borders and have been awarded stock options and other equity compensation or will be receiving such an award while working in locations other than their Home location, can expect to experience complex tax implications. That is because not all jurisdictions treat equity income in the same manner for tax purposes.