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US Tax
Jan 14, 2022 7:10:34 GMT
via mobile
Post by andyzou on Jan 14, 2022 7:10:34 GMT
Just got the offer and talked to the HR.
What I was told is that the hypo tax will be a direct deduction from paycheck and will not be shown as tax witholding on W2. Neither will it be reimbursed for any overpaid amount whatsoever. The FIT is the tax withold on SAIP. Anything else is tax free.
Then the rewards and benefits guideline says SA will gross up the salary for tax protection/benefit. I was told that the details about that can only be figured out with the HR in KSA office after arrival.
Anyone knows how the "gross-up" works? Maybe throw an example here with some dummy numbers? Also, how the FEIE kicks in on top of all of these?
Plus, any recently hired from US can confirm on the availability of RIP?
Much appreciated!
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raul
Member
Posts: 21
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US Tax
Jan 14, 2022 19:31:35 GMT
via mobile
Post by raul on Jan 14, 2022 19:31:35 GMT
How long it takes for you to recieve an offer after an interview.?
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US Tax
Jan 14, 2022 21:00:23 GMT
via mobile
raul likes this
Post by andyzou on Jan 14, 2022 21:00:23 GMT
About 3 wks.
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raul
Member
Posts: 21
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US Tax
Jan 19, 2022 6:22:45 GMT
via mobile
Post by raul on Jan 19, 2022 6:22:45 GMT
If u dont mind. Can u share which did u apply for?
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US Tax
Jun 3, 2022 5:43:08 GMT
via mobile
Post by tehas on Jun 3, 2022 5:43:08 GMT
I am expecting an offer soon. Can you please explain the tax status what you learned after your arrival, and what is the expat premium they offered to you.
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arcticengineer
Senior Member
Posts: 180
Job Status: Accepted Aramco Job
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US Tax
Jun 4, 2022 13:13:07 GMT
Post by arcticengineer on Jun 4, 2022 13:13:07 GMT
Just got the offer and talked to the HR. What I was told is that the hypo tax will be a direct deduction from paycheck and will not be shown as tax witholding on W2. Neither will it be reimbursed for any overpaid amount whatsoever. The FIT is the tax withold on SAIP. Anything else is tax free. Then the rewards and benefits guideline says SA will gross up the salary for tax protection/benefit. I was told that the details about that can only be figured out with the HR in KSA office after arrival. Anyone knows how the "gross-up" works? Maybe throw an example here with some dummy numbers? Also, how the FEIE kicks in on top of all of these? Plus, any recently hired from US can confirm on the availability of RIP? Much appreciated! After 2 1/2 years I still am confused on exactly how the tax protection works and how the various FIT, travel allowance etc., calculates into that. I should sit down with one of the financial folks in Dharan to better understand it and what options I have for tax deferred savings in addition to the 401k. My understanding is the RIP was significantly reduced after I joined in 2019. I don't know exactly what the numbers are for that and don't want to mislead you. Your RA should be able to give you the details and it should be in the benefits information they send you. It's unfortunate they have cut back on the RIP as that was a significant selling point to me as few if any companies in the US offer RIPs. |
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US Tax
Jun 4, 2022 15:55:14 GMT
via mobile
Post by tehas on Jun 4, 2022 15:55:14 GMT
Thank you for details note
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