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Jorges marginal tax bracket

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Reference no: EM13518177

Jorges employer asks him to accept an assignment in Saudi Arabia, a country that imposes no income tax on compensation, beginning on January 1. Jorge will be paid his normal monthly salary of $5,000 plus an additional $1,400 per month for taking a foreign assignment. His employer requires him to remain in Saudi Arabia for at least six months; however, he can elect to continue working there for up to six additional months if he wishes. Jorge's marginal tax bracket is 25 percent. Advise Jorge of the tax ramification if he stays in Saudi Arabia only six months and if he stays there an additional six months.

Reference no: EM13518177

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