Estimate an expat employee's "Hypothetical Tax" to ensure their personal tax burden remains identical to their home country during assignment.
When a company sends an employee from New York to London or Mumbai, they use a process called Tax Equalization. The employee pays a "Hypothetical Tax" equal to what they would have paid if they stayed home, and the employer covers any excess foreign tax. This tool calculates that baseline.
Input the employee's base home country salary, their target assignment country, and standard domestic deductions. The tool outlines the baseline home-country tax target to help structure your assignment compensation fairly.
Yes, Free for corporate mobility managers and expats! Streamline international assignments with a clean, un-biased template.