Originally Posted by
iarapilot
. I have been "foaming" about this tax non-equalization thing for awhile. It is amazing how a name is given to something, ie, tax equalization, present option (of the CBA concerning FDA's, etc), when in reality, THE NAME DOES NOT HONESTLY DESCRIBE THE TRUTH!!
The reality is, we
don't know the truth about the tax situation for US citizens in HKG. The union either hasn't looked into or won't say what Ex pat Americans who work in HKG pay in taxes. We need to know
the reality of the tax rate in HKG and how we would be affected by the IRS tax code for ex pat's in HKG. Maybe some would be ahead, (guessing the lower earners) and maybe the higher earners would benefit from the company "tax equalization". We need more than guesses, rumors, and hunches as to whether this (the tax part) is a benefit and how much so.