tax equalisation

What Is A Tax Equalisation Calculation?

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What Is A Tax Equalisation Calculation? The tax equalisation calculation is essentially a hypothetical or “dummy” home country return in which tax is calculated and assessed only on income and deductions an employee would have received had he/she remained in the home location. What are the purposes of tax equalization? Tax equalization plans are designed

What Is Hypothetical Tax Withholding?

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What Is Hypothetical Tax Withholding? What is hypothetical tax? Hypothetical tax is a reduction in salary which estimates the amount of tax that you would have to pay if you had not gone on assignment. This amount is only an estimate. You will still need to file your tax return and settle the final liability