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Tax Protection Policy
{{Taxation, expanded=International Tax equalization is a policy applied by some international companies under which employees who are hired in one country and later accept a (temporary) assignment in another country do not have their total after-tax ("take-home") compensation changed depending on the tax regimes of the country they move to. If the employees is assigned to a country with lower taxes, the company takes the savings. On the other hand, if they move to a country with higher taxation, the company pays the excess. Either way, under a tax equalizaiton policy, the after-tax compensation received by the employee is same. The purpose of such policies is to help companies fulfill international staffing needs without employees being incentivized or disincentivized from accepting particular assignments due to tax differences between countries. A similar policy which only benefits the employee (reducing taxes if working abroad results in higher taxes, but not raising them if wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hypothetical
A hypothesis (plural hypotheses) is a proposed explanation for a phenomenon. For a hypothesis to be a scientific hypothesis, the scientific method requires that one can test it. Scientists generally base scientific hypotheses on previous observations that cannot satisfactorily be explained with the available scientific theories. Even though the words "hypothesis" and "theory" are often used interchangeably, a scientific hypothesis is not the same as a scientific theory. A working hypothesis is a provisionally accepted hypothesis proposed for further research in a process beginning with an educated guess or thought. A different meaning of the term ''hypothesis'' is used in formal logic, to denote the antecedent of a proposition; thus in the proposition "If ''P'', then ''Q''", ''P'' denotes the hypothesis (or antecedent); ''Q'' can be called a consequent. ''P'' is the assumption in a (possibly counterfactual) ''What If'' question. The adjective ''hypothetical'', meaning "havin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
