Here is the synopsis of our sample research paper on FOREIGN INCOME TAX EXCLUSION AND COMPETITIVE BENEFITS. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 7-page paper examines the IRS' Foreign Income Tax Exclusion (Section 911) and discusses how this particular aspect helps with competitiveness of U.S. workers abroad. Bibliography lists 4 sources.
Page Count:
7 pages (~225 words per page)
File: D0_MTfortax.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
expatriates, or "expats" as theyre also called, are important part of a global companys competitive advantage. This is especially true in the
United States, and American workers abroad are a very important component when it comes to U.S. competitiveness. This is why, in many cases, companies offer incentives for people to leave
the U.S. and to work overseas for a year or longer. The salaries and benefits are higher, for one thing -- and the rewards upon return tend to be strong
as well. The U.S. Internal Revenue Service (IRS) is also supporting the effort and support of U.S. expats by making it someone
easier for U.S. residents living overseas not to have such a huge tax burden. Through the Foreign Income Exclusion (also known as Section 911 of the Internal Revenue Code), taxes
arent the burden they might have been otherwise. How does this particular section, however, boost U.S. competitiveness overseas? While the literature isnt
specific about the link between taxation (or a lack of it), we can develop some assumptions when it comes to that. In
this paper, well examine what, exactly, the Foreign Income Tax Exclusion entails, how it works and how it benefits U.S. workers who are working abroad. When we finish that discussion,
well offer some suggestions as to how this helps make American workers more competitive overseas. What is the Foreign Income Tax Exclusion?
Just because a U.S. citizen decides to work overseas -- if he or she earns any type of income, it will be taxed by the IRS1. Basically, the money that
...