Expatriate and Inpatriate Tax Services
As the business landscape becomes more globally competitive, companies are evaluating the size, scope and skills of their international workforce. Increasingly complex compensation structures, mounting U.S. and international regulations, and tightening cross-border mobility are placing greater stress on the cross-border personnel needs of multinational businesses.
Among the most important challenges facing global companies today are keeping up with multi-faceted tax laws and managing the reputational risk that global employers face, to ensure that they and their employees are aware of, and comply with, local compliance requirements.
With decades of experience and far-reaching contacts around the world, EisnerAmper’s international tax professionals work with global companies so their expatriate and inpatriate employees can focus on their international assignments, instead of having to become foreign tax experts.
One of the keys to EisnerAmper’s success is our partner-level participation in all phases of client service. This ensures an effective, holistic view of potential exposures and opportunities. Our professionals are industry thought leaders who are active in worldwide organizations that focus on international taxation, global mobility, and risk management.
Whether you have an inbound or outbound need, because you are entering a new market or expanding in a current one, EisnerAmper offers a full menu of expatriate and inpatriate tax services, considering also employer reporting requirements:
- Coordinate host and home country income tax compliance (including foreign bank account reporting and Foreign Account Tax Compliance (FATCA) compliance)
- Provide comprehensive tax planning for both short- and long-term assignments
- Formulate IRS Offshore Voluntary Disclosure Program and Streamlined Filing Compliance procedures
- Advise human resource professional on employer payroll taxes related to benefit packages, including hypothetical tax and equalization computations
- Assist with employee communications and counseling, both pre- and post-departure
- Design and review of international assignment policies
- Track expatriation issues and tax aspects of immigration status
- Advise as to proper income tax planning, tax reporting, and filing requirements, by inpat and expats, in their home jurisdiction and in the country where assigned
- Perform gift and estate tax planning for inbound foreign national
- Conduct proactive pre-relocation tax planning to avoid pitfalls and reduce costs
- Develop strategies to properly minimize business and expat and inpat income taxes and social taxes via tax treaties and totalization agreements
- Consult on U.S. and foreign tax controversy matters, and provide audit assistance; respond to federal, state and local, and foreign correspondence
- Prepare delinquent Foreign Bank Account Reporting (FBAR) and international information return submission procedures
- Assure compliance with deferred compensation and other plans covered by U.S. tax laws (e.g., Section 409A)
- Monitor state and local tax developments in the U.S. and globally, as potentially impacting corporate employers and inpat and expat employees