What he said
Hey Guys and Gals... Have been around the contract flying world since 1991... Always thru the crew leasing expected reasonable protection thru the offshore contracts, however got a huge shock the other day... On a contract here in Japan and the Local Tax office started poking around asking questions... Well low and behold they contacted TWI and they provided ALL the info on monies paid and to boot a copy of our contract... Three years of back taxes and penalties... The contract was signed thru their Dominican company and thus reasonable protection was expected but NOT... So anyone considering a contract with TWIA be aware they will give you up... Other agency here IAC has not... So anyone thinking about the CRJ gig here in Japan might want to consider IAC or Rishworth unless paying full taxes is okay...
Also I have learned more about the Japanese Tax laws in this deal... EVERYTHING is taxable except per diem... Salary, Housing Allowance, commuting allowance, Education Assistance for international school... ALL TAXABLE... When your income exceeds 13,000,000 JPY a year you are a "High Wage Earner" and the National Tax rate for amount above 1,010,000 a month is 52%... Also you have Prefecture and City taxes... Consumption Taxes are on the rise also and will soon reach 10%... So anyone thinking about coming to IBEX do the math so you will know how much will go into your pocket... JPY is on the decline and forecast to go lower... TWIA will not offer you the real numbers...