Expat Community > Saudi Arabia

Marco
Joined 2002
Posts: 1

Aramco "Tax Balancing" Question

22 years ago

I'm not quite sure I get this. The book says your check is reduced by a "Hypothetical" tax, and later it says that you are reimbursed a "Theoretical" tax. Both appear to be calculated approximately the same way.
It was my understanding from a peer that all wages were tax free, and that this was the incentive for going. Can anyone explain what I will actually come away with. For calculation ease, consider a 100K annual base. I'd like to see the adders like expat allow, and c&s allow, then the subtracters like .........well, taxes is all I know of.
Further, I've heard that US tax law allows 70K in a foreign country to be tax free. Does this enter into the calculation ?
thx,

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Expat Community > Saudi Arabia

Aramco "Tax Balancing" Question