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worldliner777 08-06-2010 09:39 AM

VOR-Holdings (China)
 
Anyone has any good information on how VOR-Holdings in China perform as a contract agency?

The quality of their service or lack-there-off?

The contracts that they have are quite good.

Thanks

TonyWilliams 08-06-2010 09:42 AM

Seriously, this is the better place to post that question:

http://www.pprune.org/south-asia-far-east-45/

OrionFE 08-06-2010 07:36 PM


Originally Posted by TonyWilliams (Post 851936)
Seriously, this is the better place to post that question:

http://www.pprune.org/south-asia-far-east-45/

Why, what is wrong with here?

HSLD 08-06-2010 07:58 PM

I met the owner of VOR holdings last year in NRT and left with a very favorable impression in terms of him being forthright in his dealings with contract crews. He's is a working line pilot himself (777 Capt.) and was recruiting for A320 positions in China. His son is working one of the contracts and likes it, as does his son's bride. He'll be the first to admit that the expat contract work is not for everyone, and was very up front about what VOR offers, and what they don't.

One thing he said that stuck with me was "Contract flying is very small world, and you can't afford to have a bad reputation." I thought that was pretty enlightened. Call and talk with them, I know he'd answer any question you have. They also have clinics throughout the year, a one-day Q&A to introduce those who are new to contract flying and help them make informed decision before you launch for China.

Not sure if that's the kind of info you were looking for, but I'd put the owner in the "good dude" category.

Typhoonpilot 08-06-2010 11:19 PM


Originally Posted by worldliner777 (Post 851933)
Anyone has any good information on how VOR-Holdings in China perform as a contract agency?

The quality of their service or lack-there-off?

The contracts that they have are quite good.

Thanks


The contracts they have appear quite good. You need to dig into how they will treat the tax situation for you in China. I've exchanged a few e-mails with Doug and the responses were less than acceptable in regards to how to deal with taxes in China. Kind of the nudge-nudge, wink-wink, don't worry about it answer that leaves one feeling quite vulnerable when the government comes knocking on your door to ask why you haven't paid your taxes.

Hey if you're just doing a one year deal and then leaving the country that might work out okay, but if you want to stay there over the long term it won't work.

On this latest B747 contract they have quite good numbers, but no mention of taxes. So the question is, are those gross numbers or net after taxes? If they are paying your taxes will they provide a tax receipt for you? You'll need that for filing your U.S. income taxes so that you can make a deduction for those foreign taxes paid.

Perhaps Koru can chime in on this as he would know a little more about how it should be done.



Typhoonpilot

rotorhead1026 08-07-2010 12:51 AM


Originally Posted by Typhoonpilot (Post 852287)
So the question is, are those gross numbers or net after taxes? If they are paying your taxes will they provide a tax receipt for you? You'll need that for filing your U.S. income taxes so that you can make a deduction for those foreign taxes paid.

Perhaps Koru can chime in on this as he would know a little more about how it should be done.

Typhoonpilot

What you need to do - always - is get good advice from a tax firm that deals with these issues. In the case of no receipts, there often are legal (i. e., perfectly acceptable to the IRS) ways around the problem - it shouldn't be a deal breaker. Have a good tax advisor on the hook before you leave the country and you'll stay out of trouble. I also would like to hear from some China contract types on this subject, but just on the level of background information / experience. Anybody who takes tax advice from pilots is asking for it! :eek:

TonyWilliams 08-07-2010 03:24 AM


Originally Posted by OrionFE (Post 852234)
Why, what is wrong with here?

Nothing. I suggested the other website as "better" for the question.

OceanicPilot 08-07-2010 03:25 AM

Hi All,

I am currently on a contract in China through Wasinc at Shenzhen Airlines. The airline pays the Chinese income taxes so the quoted montly salary is net. I just did my first tax return with a CPA in the States (guys - get a good CPA. Don't do them yourself. Mine charged me a mere $500 to do my extension, state and federal return, and to prepare the paperwork for foreign bank account holdings.) and it was a most pleasing experience. I'm sure different CPA's will tell each of you different things based on their experience and comfort level. Basically after the foreign income exclusion, housing deduction, and not being able to itemize schedule A (cause I didn't have enough there believe it or not) with 2 kids I am getting a refund (after not paying a dime in taxes) from federal and carrying over a tax credit for future years. I owe state a couple hundred bucks.

Shenzhen gives you the tax receipts from the taxes that they pay to the government on your behalf so you can use a portion of those to offset any US taxes you might have (and in my case carry over the credit to future years because my taxable income was zero and the credit wasn't necessary)

I know not all airlines give you the tax receipts but even without them your tax liability should be minimal. If you can get them it's an added bonus for sure.

Just my 2cents.

Originally Posted by rotorhead1026 (Post 852297)
What you need to do - always - is get good advice from a tax firm that deals with these issues. In the case of no receipts, there often are legal (i. e., perfectly acceptable to the IRS) ways around the problem - it shouldn't be a deal breaker. Have a good tax advisor on the hook before you leave the country and you'll be stay out of trouble. I also would like to hear from some China contract types on this subject, but just on the level of background information / experience. Anybody who takes tax advice from pilots is asking for it! :eek:


worldliner777 08-10-2010 09:51 AM

Thanks for all the informations and inputs. Just getting as much information as possible for future decision options.

bigsuitcase 08-13-2012 06:18 PM

Hello all.

I currently work in the states in a Part 91 operation but am getting tired of the lack of quality of life for the salary I am getting. I am willing to spend a few years overseas to make the nice salaries that VOR is offering.

I have been offered a PIC position with the company on a bizjet. I have read some negative things about their operation (they don't let you fly left seat, they are not forthright, etc) and would just like a bit more input before I apply there.

Does anybody have more info on these guys? Know anybody who has actually worked there?

Thanks!


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