U.S. Residual Tax and Double Tax Relief
In the context of Global Mobility, U.S. citizens are a demographic that requires additional consideration and attention due to the unique and burdensome U.S. tax system (which includes reporting requirements of foreign bank accounts and assets). Given the popularity of frequent business travelers and short-term assignments, and governments’ pursuit of additional tax revenue, home country tax residency has become a larger issue for Global Mobility professionals.