The Effects of a Wandering Workforce on Taxation of Corporations and their Employees

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.

Please join us for a discussion on 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.

Our 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? How to identify or prevent business related concerns associated with compliance and and transfer pricing issues?
● Double Taxation Treaties – Treaty Shopping, Treaty Benefits and new developments on inter-country tax treaties (e.g. Luxembourg, Belgium, Germany, The Netherlands) taxation and Social Security
● HR Policies and best practices that need to be established to steer, monitor and enforce the residency policy.

SPEAKERS:
● 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]

TIME:
10:00am EDT / 16:00 CET

REGISTRATION FEE:
EACCNY Members: Free
EACCNY non-Members: Free