Principles of a Shadow Payroll
This webinar will give the participant to understand shadow payrolls, what they are, and why US employers find them necessary. The steps to implement and maintain a shadow payroll will be reviewed, along with tax consequences and concerns when running shadow payrolls. The participant will also see commonly used U.S. shadow payroll terminology.Areas Covered What is a shadow payroll How to leverage a shadow payrollUnderstand home and host country taxesIRS-approved Taxation policies International Compensation PlanningIRS Tax requirements on international payrollWho Should AttendAll payroll professionals Why Should You Attend What Is a ‘Shadow Payroll'The Importance of a Shadow Payroll Implementing a U.S. Shadow Payroll for International Employees Various Types of Assignments and ChallengesHost Country and Home Country: What is the employer's responsibility?Expatriates Payroll Reporting, Taxation Policy, and IRS RequirementsU.S. Shadow Payroll TerminologyTopic BackgroundUS companies are becoming more global each day, and many employers are faced with many challenges when a U.S. employee is working abroad or when a foreign national is working in the U.S. Many countries have changed tax laws in the last several years that make companies look for different ways to maintain international assignments. Since tax equalizations are not enough anymore to mitigate the risks that employers have when doing business globally, shadow or split payrolls are becoming more popular.
Single
This webinar will give the participant to understand shadow payrolls, what they are, and why US employers find them necessary. The steps to implement and maintain a shadow payroll will be reviewed, along with tax consequences and concerns when running shadow payrolls. The participant will also see commonly used U.S. shadow payroll terminology.
Areas Covered
- What is a shadow payroll
- How to leverage a shadow payroll
- Understand home and host country taxes
- IRS-approved Taxation policies
- International Compensation Planning
- IRS Tax requirements on international payroll
Who Should Attend
- All payroll professionals
Why Should You Attend
- What Is a ‘Shadow Payroll'
- The Importance of a Shadow Payroll
- Implementing a U.S. Shadow Payroll for International Employees
- Various Types of Assignments and Challenges
- Host Country and Home Country: What is the employer's responsibility?
- Expatriates Payroll Reporting, Taxation Policy, and IRS Requirements
- U.S. Shadow Payroll Terminology
Topic Background
US companies are becoming more global each day, and many employers are faced with many challenges when a U.S. employee is working abroad or when a foreign national is working in the U.S. Many countries have changed tax laws in the last several years that make companies look for different ways to maintain international assignments. Since tax equalizations are not enough anymore to mitigate the risks that employers have when doing business globally, shadow or split payrolls are becoming more popular.
