7/26 Hub Turn Meeting

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"We're not trying to sell you the LOA."

"If you want to know what the trips/lines are going to look like, maybe you should contact the company's SIG representative."

"The tax equalization plan is a good deal for us, but it's so complicated I don't understand it."

"The company handed us the tax equalization program and told us it was a good deal for the pilots. We contacted Price Waterhouse, who constructed the tax equalization program for the company, and they gave us the same information. Finally, we hired a New York tax equalization specialist who contacted Price Waterhouse and got the same information."

Three identical descriptions of the tax equalization program from the same source. Amazing!
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Quote: Three identical descriptions of the tax equalization program from the same source. Amazing!

Maybe because it's a standard accounting service offered to companies with overseas employees, and you're getting your panties in a bunch over nothing.
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Quote: Maybe because it's a standard accounting service offered to companies with overseas employees, and you're getting your panties in a bunch over nothing.
Or maybe not and you should. I am willing to bet that it is not standard accounting practice to make an expat pay more in taxes then he would with out tax equalization. I.E. I'll bet "standard" companies give you the option of getting out of tax equalization if it is in your interest.
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Quote: Or maybe not and you should.
If it passes you aren't going to bid it.
If it fails you aren't going to bid it.
If the company accepts all the various hoped for improvements articulated here, you might but......they aren't going to accept any of them so he's right, why worry about tax equalization. Unless of course, you want tax equalization for your one month forced STV?
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Quote: If it passes you aren't going to bid it.
If it fails you aren't going to bid it.
If the company accepts all the various hoped for improvements articulated here, you might but......they aren't going to accept any of them so he's right, why worry about tax equalization. Unless of course, you want tax equalization for your one month forced STV?
Something would be nice for my 4 one month forced STVs since I will be losing trip rig and 56 days off at home.
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You will get tax equalization when you get STV'd. You will pay the same tax as if you didn't get STV'd
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panties
Quote: Maybe because it's a standard accounting service offered to companies with overseas employees, and you're getting your panties in a bunch over nothing.
I don't wear panties, but maybe you could loan me some of yours so I can see how it feels to get them in a bunch...
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Quote:
"If you want to know what the trips/lines are going to look like, maybe you should contact the company's SIG representative."
Anybody from the SIG here? I take it back, the MEC does have gonads too bad they are only on display when talking to us. Just E-Mailed the SIG, I would encourage a couple of hundred more E-Mails.
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3 on 3 off type lines....for the 9th time..jeesh!
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Quote: I don't wear panties, but maybe you could loan me some of yours so I can see how it feels to get them in a bunch...
Dude, have you ever worked for a company that had an overseas domicile, and a tax equalization? I have, it's a good deal for almost everyone. The mandatory status might suck for a newhire in HKG, as he would owe more than he would without it. However, anyone else, especially Capts and anyone in CDG will make out.

IMHO, if you think Tax equalization is a bad thing, then there is nothing in this LOA, or even in our CBA that you will find acceptable. IMHO, you and your missing panties should go elswhere and find other employment.

There are plenty of other problems for our pilot group without going ballistic, because you can't understand an actual benefit.
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