The pandemic has impacted our lives in many ways, but for many of us, one of the most affected areas has certainly been work.
COVID-19 has indeed led to an unprecedented need and demand for remote working. In recent months, many people have been forced or have chosen to work from home and/or in locations outside the jurisdictions where their companies typically operate or are located. While the legal consequences for companies are the first to come to mind, there are also tax risks that companies need to manage. International tax exposure arising from remote work is real, applicable to both employers and employees, and should not be ignored.
The EMEA tax team has developed a document in order to guide organizations through the key tax considerations they should bear in mind when considering extended remote-work policies aiming to provide flexibility for the benefit of both employees and employers.
Key contacts for EMEA jurisdictions in the region are listed in the document should you have any questions.