With inflation continuing to be a global issue, let’s review some key areas that inflation can impact your global mobility program and ways to address them!
Key Things You Need to Know About Inflation and Your Global Mobility Program - Step 3: Other Allowances
Companies are rapidly deploying sustainability initiatives into their assignment programmes.
As a result of the recent Tax Cuts and Jobs Act, moving expenses are now taxable. This includes household goods shipping, final move airfare, temporary living expenses, and U.S. Storage costs.
Many assignees are responsible for sourcing their own furniture on assignment if they are not provided shipping assistance or renting fully furnished units.