The Organisation for Economic Co-Operation and Development's (OECD) Base Erosion and Profit Shifting (BEPS) action plan is set to add yet more complexity to our already fast changing and politically fraught tax landscape. With each action there are numerous factors and deadlines to consider. Whilst attention is focused on ensuring your business is ready to meet the challenges of BEPS, care will also need to be given to your globally mobile workforce, in particular what impact their travel, activities and costs could have on the actions that you will need to meet.
Key considerations
There are a number of BEPS actions which will impact your globally mobile workforce. This concerns any employees who work on a cross border basis and is not limited to traditional expatriates. It may also include short term business travellers, project workers, sales representatives, senior executives and employees with regional or global remits.
