KPMG LLP’s Global Mobility Technology Services practice has released a KPMG LINK Cost Projector update to include a new incremental cost report designed to reflect true assignment costs and exclude base compensation.
Many taxpayers will feel the impact of the U.S. tax reform law passed in December 2017 (Tax Cuts and Jobs Act (H.R. 1)) in their tax returns to be filed by April 15, 2019. Several of the measures affect the tax rates, thresholds, deductions, and credits that individuals – including those on international assignment – are used to. In this nine-minute video, KPMG professionals discuss some of the key measures and their impact on individuals on international assignment.
New Social Security Totalization Agreement between the U.S. and Brazil entered into force at the end of 2018. As a result, the U.S. Social Security Administration began accepting requests for Certificates of Coverage for U.S. individuals going to work in Brazil.