Cartus
Posted by Pawel Wojnowski |
Changes in Brazil: What Can Expats Expect?

With the World Cup behind it and the 2016 Olympics ahead, Brazil is undergoing yet one more major event: one of the most tightly contested presidential elections in decades. The election is partly a choice for the future path for the country, and partly a referendum on how the current government has handled the World Cup and the requisite infrastructure investments.

The Brazilian government reports that in all, R$17.6 billion Brazilian Reais (about $8 billion USD) were spent on infrastructure, with about half of that amount spent on urban mobility and the rest divided among improvements to airports, security, ports, and telecommunication systems. Our updated Cartus Market Watch:Brazil provides insights on how areas of key importance to assignees and companies in Brazil have been impacted both by the past major sporting events and the upcoming Olympics.
(more…)

Share |      

How Can You Manage Risk for Your Mobility Program?

Posted by Don Briggs |
How Can You Manage Risk for Your Mobility Program?

When you’re moving employees around the world, the stakes are high, and so are the challenges. The Cartus Supply Chain team works with those challenges firsthand and on a day-to-day basis: how to evaluate – and secure – the right housing; how to address issues such as security, schooling, and transportation. These issues can quickly turn into cost, compliance, and risk for companies, especially for moves into unfamiliar locations or those with particularly daunting challenges or complex regulatory requirements.
(more…)

Share |      

Two Deed or Not Two Deed: Information for U.S. Relocation Managers

Posted by Pam Uhl |
Two Deed or Not Two Deed: Information for U.S. Relocation Managers

Relocation programs are commonly structured to take full advantage of tax laws affecting the purchase and sale of employee homes. At the Federal level, in Revenue Ruling 2005-74, the IRS validated tax protection for an amended value program using a deed-in-blank. As welcome as this ruling was, it suddenly brought state tax issues to the forefront because, regardless of any federal tax rulings permitting use of a single deed, some states require two deeds.

Based on new information provided by Worldwide ERC®, changes have recently been made to the two-deed process. Four states and the District of Columbia have been added to the list of two-deed states, bringing the total to 13*: Delaware, Hawaii, Illinois, Indiana, Kentucky, Nevada, New Hampshire, New York, Oklahoma, Pennsylvania, Rhode Island, Texas, and Washington.

* Plus the District of Columbia, Virgin Islands, and Puerto Rico
(more…)

Share |      

Cartus Earns Third-Straight Relocation Management Company of the Year Award

Posted by Jane Bergman |
Cartus Earns Third-Straight Relocation Management Company of the Year Award

We are delighted to announce that for the third year in a row, Cartus has won the prestigious Relocation Management Company of the Year Award at the Asia Expatriate Management and Mobility Awards (EMMAs)!

The Relocation Management Company of the Year Award (over 10,000 moves a year) recognizes the strategic partnership we have with our clients that enables us to transform mobility services and drive greater business growth. The award also acknowledges our ability to manage complex global engagements and our flexibility in meeting clients’ changing relocation policy and program needs.
(more…)

Share |      

Cost Control and Compliance Impact Relocation Programs

Posted by Alison Sedney |
Cost Control and Compliance Impact Relocation Programs

According to respondents of the Cartus 2014 Global Policy & Practices survey, cost control once again led the list of top global mobility challenges impacting companies with 75% of respondents naming cost control as a key challenge. The cost control mindset continues to directly impact many facets of relocation. For example, where mobility activity has decreased, 70% of respondents stated that this was directly attributable to budget constraints. Cost considerations are a primary factor in the increased popularity of assignment types such as Extended Business Travel and Localization. Policy changes and administrative process improvements were two of the leading approaches organizations were employing to drive cost savings.

Rounding out the top three challenges were Overall Compliance (at 62%, and up 12 percentage points over 2012) and Immigration (57%, up 13 percentage points over 2012).

(more…)

Cartus.com | Terms of Use | Privacy Policy | © 2014 Cartus Corporation