AIRINC (Associates for International Research, Inc.)

The results of the 2020 federal and state elections are likely to have a significant tax impact on individual taxation across the United States. The presidential and legislative races are still being decided, and federal tax law changes require a lengthy legislative process. However, this year’s election cycle includes some important state ballot measures impacting individual taxpayers:

COVID-19 business recovery efforts are resulting in an expanding array of creative solutions to fill talent needs on a global basis. One such solution is the use of intra-company cross-border transfers.

The increasing use of cross-border, intra-company transfers to meet global staffing needs is presenting new challenges to compensation professionals. Comparing the pre and post-transfer compensation offering is generally straightforward when the move is domestic, but can become complex when two different countries are involved.

As indicated in our recent survey on the impact of COVID-19 on global mobility, many companies have repatriated their assignees given work stoppage and/or safety concerns in the host locations. As a result, some of these assignees are now back to their pre-assignment home country arrangement, including their home benefit plans.