Madhu Babu Challapalli

Description    :

The International Client Payroll recognizes the business need to process expatriate employees' taxable benefits across various countries. (ICP) tool provides tax professionals a convenient way to manage employees' taxable benefits. The cost of processing taxable benefits manually for expatriate employees takes up time and effort. This tool can reduce the data entry and processing time significantly and streamlines the process.

This tool compiles global payroll data from various client sources, determines the taxability of various elements of compensation, calculates payroll withholding requirements in the various jurisdictions where the employee has rendered services and the employer has withholding obligations. Tax professionals can automate a portion of the tax processing by setting up company specific global templates. These templates are applied to specific tax fields based on the tax professionals' expertise. The tool also performs the translation of data to various currencies and performs the appropriate tax calculations for any specific country.

Description    :

The International Client Payroll recognizes the business need to process expatriate employees' taxable benefits across various countries. (ICP) tool provides tax professionals a convenient way to manage employees' taxable benefits. The cost of processing taxable benefits manually for expatriate employees takes up time and effort. This tool can reduce the data entry and processing time significantly and streamlines the process.

This tool compiles global payroll data from various client sources, determines the taxability of various elements of compensation, calculates payroll withholding requirements in the various jurisdictions where the employee has rendered services and the employer has withholding obligations. Tax professionals can automate a portion of the tax processing by setting up company specific global templates. These templates are applied to specific tax fields based on the tax professionals' expertise. The tool also performs the translation of data to various currencies and performs the appropriate tax calculations for any specific country.