International business travel continues its upward trend among organizations that are looking to meet their expanding global business needs, with a forecasted $1.7 trillion in global business travel spending in 2022. As a key strategic mobile workforce issue, organizations are seeking to streamline administration, minimize costs, and ensure they are managing risk and compliance.
Global Tax Network (GTN), Associates for International Research Inc. (AIRINC), and Fragomen co-sponsored an industry survey to provide an overview of international business travel policy and practice.
Use the form to download the infographic and view their findings!
Did you know?
Employers are increasingly turning to mobile employees to fulfill their international staffing needs, but many companies fail to understand the complexity, costs, and compliance obligations that result from cross-border employment. Avoiding the common mobility tax mistakes can save time, money and headaches.
Did you know?
Utilizing a mobility tax specialist may result in additional up-front compliance costs, but those costs are usually more than repaid through the savings that result from careful tax planning. For example, the US is one of the few countries in the world that subjects its citizens and resident aliens to tax reporting while they are working overseas. To address the possibility that an overseas employee may be assessed tax in both the US and their Host country, a mobility tax specialist will help the employee utilize potential exclusions and credits on their US tax filings to minimize their US income tax bill.