Originally Posted by
RedeyeAV8r
Anyway if the Company pays the US and French/HKG government $6000 (or whatever $ amount) on your behalf, that will be included in your W-2 gross income and YOU will pay taxes on that 6000 the company paid on your behalf (not the company). .
No, that is the "gross-up" concept. If you owe $6000 extra (above your assumed stateside burden,) and PW figures you are in, say the 33% tax bracket, they "gross-up" the $6000 to $9000. $6000 pays the original tax burden, while the remaining $3000 pays the tax on the $9000 extra tax money. See the multiple posts above, esp 27 & 34. Come on. You seem like a pretty smart guy. I'm junior to you, no point in giving an aneurysm!!