While expats abroad, payroll keeps eye on taxes

By Kathy Marasco, Laurie Paré and Gaétan Bélanger
|Canadian HR Reporter|Last Updated: 12/04/2002

The internationalization of business seems an inescapable fact of life. As a result, the Canadian payroll professional is faced with a wide range of practical and conceptual issues in the successful management of outbound expatriate employees.

Compared to domestic payrolls, there are differences in the reporting and treatment of compensation, resident versus non-resident employees, application of credits specific to foreign assignments, and the impact of the assignment on participation in retirement and benefit plans.

Balance sheet compensation