The Biden Tax Plan and Its Impact on Global Mobility

While companies are eager to embrace the new post-pandemic environment, the return to normalcy raises immediate concerns about the procedural and financial impacts to companies and employees. The Biden Administration has proposed the American Families Plan to provide financial support to assist both companies and individuals with acclimating to a new normal.

Many of the proposed tax law changes could have a significant impact on the cost and administration of an organization’s global mobility program. The KPMG Global Mobility Services practice is pleased to invite you to a 60-minute webcast where KPMG professionals will provide insight on the impact of the proposed changes.

Our session will discuss:

• Global mobility considerations for the new child tax credit
• Planning for the anticipated tax impacts of the Biden rates
• Tax equalization considerations for stimulus payments
• Changes to reimbursed employee business expenses & monetary payments to employees for remote work expenses/hardships

Please join us for what promises to be an insightful and informative webcast.

This webcast would be of significant interest to payroll and global mobility professionals, CFOs, human resources directors, CPAs, corporate tax staff, and other business and service providers.