Not sure of the intent of your post. FedEx pays income taxes for our execs when they give them stock bonuses, so I don't see tax equalization in this LOA as such a big benefit to tout. Almost all major corporations take care of the taxes for employees. The MEC is applying full court press in the upcoming weeks and the company has 'helped' us out with a Q&A link on VIPS. Impressive bipartisan cooperation if you ask me. Especially since no one on the MEC or in MGT will be sucking from this rotten egg...
Originally Posted by
TonyC
Mainland China: progressive tax rate, 45% above 100,000 RMB (~12,000USD)
Chinese tax on 200,000 USD = $90,000
Foreign taxes paid by employer is accrued to employee as benefit taxable on US income tax return
Study PWC material when it becomes available ...
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