When many businesses made the swift decision to embrace remote work due to COVID-19, the future was uncertain. Nearly a year later, with the pandemic still a key component in our lives, steps taken as a quick call to stabilize operations have become routine. COVID-19 has both accelerated the evolution of the remote workforce and forced a change in business model for many companies.
While employees may enjoy the flexibility that this allows, employers must grapple with compliance costs and administrative burdens, reevaluate transfer pricing policies and update organizational policies to prevent unintended tax and other consequences on a federal, state and international level.
This presentation provides an overview of the challenges that come with a remote workforce and the need to reevaluate the steps taken around staff assignments, planning and other key issues as businesses focus on their new operating models.
The panelists will discuss:
- The role of residency in tax law in light of limited or enhanced mobility.
- What legal issues come into play including permanent establishments?
- Double Taxation Treaties - treaty shopping, treaty benefits and new developments on inter-country tax treaties, taxation, and social security.
- HR policies that need to be established to steer, monitor and enforce the residency policy.
- David Springsteen, Global Tax Service Leader, CLA
- Jan Bart Schober, Tax Partner, Employment & Benefits, LOYENS & LOEFF
- Sam Humphris, Head of International Tax Policy, AIG
- Sascha Leske, Partner, NOERR [Moderator]