Thread regarding ExxonMobil Corp. layoffs

Expat tax

Why is ExxonMobil still paying expat assignment tax if I am no longer an expat since 2016? I became US employee on 2016, and they want part of my tax refund to be payable to them!
Can someone from HR or tax enlighten me?

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Post ID: @OP+1r21mRHB

4 replies (most recent on top)

There is no seven year rule. They do it until they can’t benefit them stop.

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Post ID: @2zbl+1r21mRHB

They require you to use deloitte for 7 years following your repatriation.

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Post ID: @1jxx+1r21mRHB

Be fully aware that Deloitte does not work for you. You should have someone else look at your taxes

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Post ID: @1cyd+1r21mRHB

As long as they can benefit from credits for foreign tax they paid on your behalf they will want to do your taxes and claim the benefit. There is a limit per year they can claim so it takes them a while to get it all back. Since 2016 seems excessive but maybe they paid you a massive amount. Read the fine print when you sign up for an expat assignment.

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Post ID: @1vsj+1r21mRHB

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