Dear All, Request you to share information how can the salary of top employees like VP / VP / CFO can be structured, so that they can get most of the tax benefit..?? Regards, Deepak Pawar
From India, Mumbai
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6From India, Mumbai
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Varies from country to country depending on the laws. However, to maximize tax benefits, you may consider a split, where A = Fixed salary of, say, 60% of the total package and B = 40% converted into non-taxable perks like holiday travel, school/university fees for 'x' number of children, use of a company house, non-contributory share option schemes, and other subsidies.
Regards,
Gertrude
From Zimbabwe, Harare
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Regards,
Gertrude
From Zimbabwe, Harare
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Compensation Structure.ppt