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Laura

Question:

Hi,
I am an Italian citizen on a local net contract subjected to expat tax regime. I will receive next week my calculation for the severance package due to the closing of our Belgium office. How much should the package be taxed. I heard that the days I worked or travelled abroad for personal reason will impact my calculations..

by Laura on 12 Jun 2012
David Kuenzi

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Answer:

Dear Laura,

Specific questions regarding taxation of lump sum severance packages need to be addressed to a tax preparer with specialization in the countries involved. As investment advisors, this particular question is not within our realm of practice.

Good Luck.

Sincerely,
David Kuenzi

by David Kuenzi on 06 Jul 2012

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