GTN Mobility Tax Blog

The United States continues to strengthen its position as the global hub for high-net-worth earners. In fact, the US population of high earners climbed 7.6 percent last year, making it the fastest-growing location for this group. But the US also features complicated tax rules for high-earning non-citizens. Too often, a high-net-worth individual (HNWI) will relocate to the US only to be hit by unexpected taxes, overtaxed investments, or penalties for misreporting.

In this article, we lay out the most common tax misconceptions for relocating HNWIs and provide three money-saving relocation tax planning tips to help high-net-worth earners reduce their tax anxieties.

Business travel is on the rise, and it’s putting C-suites at risk of tax violations. According to the Global Business Travel Association, 71 percent of travel buyers say business travel increased at their company in the last year. What many corporate leaders don’t realize is that, as business travel ramps up, they may not be reporting taxes for equity compensation correctly.

This article outlines why equity compensation compliance is so challenging for traveling C-suite executives and what your team can do to help protect both your employees and the company from tax headaches.