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FATCA: Practical Implications for Mobility Programs and International Assignees

Deloitte Dbriefs | Global Mobility, Talent & Rewards

Start date and time

August 21, 2014 2:00 PM

End date and time

August 21, 2014 3:00 PM

Time zone:

(GMT-05:00) Eastern Time (US & Canada)

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Host: Elizabeth Drigotas, Principal - Deloitte Tax LLP
1 Intermediate CPE Credit: Specialized Knowledge & Applications 

Many U.S. multinational businesses have analyzed Foreign Account Tax Compliance Act (FATCA) requirements from a benefit plan sponsorship perspective. But what about tax exposure for your mobility program and international assignees? We'll discuss:

  • Possible issues with matching international assignees' taxable income on a worldwide basis with what is reported on personal income tax returns.
  • Corporate and individual requirements for electronic reporting of assets held in foreign accounts over which an assignee has signatory authority.
  • Issues your company may face if Foreign Financial Institutions terminate their relationships with your company or your international assignees.

Understand potential tax risks your company's mobility program and international assignees may face when FATCA takes effect.

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