International transfers can be a taxing experience

Structuring compensation around taxation issues to make the most of your relocation offering.
By Matthew Smith and Lionel Laroche
|Canadian HR Reporter|Last Updated: 03/07/2001

By moving from one taxation system to another, international assignments create complex tax situations that require careful planning and complex calculations to minimize taxes.

Because of this complexity, more than 70 per cent of Canadian companies use the services of external firms for providing financial planning services to expatriates, the Canadian Employee Relocation Council found in a recent survey.

Here are some suggested approaches that help deal with taxation-related issues.