eFDeeeX

Genius!

And JL say our skills ain't that special.

LIFTR.........
This seems to further prove how inferior this LOA is.

I want(ed) to go to CDG. My wife want(ed) to go to CDG. I have 3 rugrats. After doing a cost analysis(they way those mgmt types do), the romance of living in Paris quickly wore off. I've lived in Europe, it was great, but not give-up-everything-and-barely-get-by great.

I can't understand why our MEC discounts the Cathay contract. There must be a reason Cathay is willing to pay US pilots that much...hmm...still thinking...seems to me the same reasoning would apply to FedEx.

Look at how many non-US airlines hire US pilots and pay them quite well. Anyone willing to throw out a reason why? Does our MEC and the mighty ALPA not see this? Guess I must be missing something...yea that's it.

DLax85

[quote=RedeyeAV8r;202823]I doubt very seriously that the HKG/Chinese Gove gives a Rats Ass about our LOA (just my opinion........OK Bus Boy?)quote]

I think both gov'ts may care if pilots are forced to live within 100 miles (i.e. more tax collection) vs wether they had an option of commuting.

I'm sure the local legislators near Memphis would love to have a similar clause in our CBA for Memphis-based pilots...that would be a huge boom for housing, taxes etc...

DLax85

Are you actually thinking of changing your vote?

Please, please say it isn't so!

RedeyeAV8r

[QUOTE=DLax85;203377]Maybe maybe not..........
According to the Tax Equalization link info on the Company Web site,
It says "TAXes will be paid to the Government of HUB city."

CDG is pretty straight forward. Live in France and Hub is in France.

Asia is more complex. Live in HKG but Work in CAN (i.e. HUB City)
So are we required (or Fedex on our behalf)to pay Taxes to HKG Gov and Chicomm Government?
Since we will live in HKG but work in CAN.

I doubt our TAX issues willt be negotiable with respect to Governments (my opinion) so that is what I meant about the HKG or Chicomms not giving a Rats A$$ about our LOA.
The LOA is a non issue to them. The Taxes are a different story.
Again just my opinion.

DLax85

[quote=RedeyeAV8r;203393...I doubt our TAX issues willt be negotiable with respect to Governments (my opinion) so that is what I meant about the HKG or Chicomms not giving a Rats A$$ about our LOA.
The LOA is a non issue to them. The Taxes are a different story.Again just my opinion.[/quote]

The governments in "mainland" communist China and Hong Kong are still not one-in-the-same, even though Hong Kong was transferred back from British Rule.

We've already learned the tax rates are different --- and they probably go to different taxing authorities, budgets, etc,

If you don't think tax revenue is at the very top of the list for any gov't official in any locality around the world, when deciding on whether to approve a "new business venture" starting up in their locality your insane.

I'm very sure both the Chinese and FEDEX had their analysts looking at and briefing the total financial impact the new hub will have in CAN and in HKG.

Making it mandatory for high-income earning pilots to live within 100 nm of the FDA is a financial tax benefit to the Chinese, Hong Kong and French taxing authorities.

RedeyeAV8r

I completely agree the Host country cares about taxes. I believe that is what I said. That was my point. I am sure that taxes WILL be paid to the Host countries.

I realize 100% that HKG and Mainland China are 2 different Government entities. The plan is for US to live in HKG, but make our Money in Mainland China. Isn't it fair to assume that both Governments might want a piece of the action? That is for FedEx to work out with each government. With Tax equalization, the pilot will be reasonably protected.

My 2nd point was the LOA isn't with the HOST Nations, it is with us.
Fedex h=will make its own deals with The Host Countries. They (Host Nations) don't care about the LOA, Taxes will be paid to them regardless..................it just means FedEx Pilots might only pay some of it instead of all of it.

The company has already made it clear that Pilots WILL pay Chinese Taxes
(or French Taxes) even if you choose to Live in Bankok or Taipei (or Germany or Italy). They further said that you very well may incurr a 3rd country Tax burden if you choose to live e;sewhere and commute. I think that anyone who is thinking of commuting better really think twice and research.

Can you imagine commuting to CDG from the US and paying both French and US taxes, since the 82,400 wouldn't count since you reside in the US?

cma2407

Absolutely true. So here's another question: The company has already stated that any income generated by a spouse is NOT going to be tax equalized. How about those who have a military retirement? Do you lose thousands per year on that also once the Chinese/French govt's get done taxing it? Since omitting income off a tax return is a no-no, this sounds like another opportunity for an "oh $hit!!".

Another unknown...

fdxmd11fo

Fedex only requires you to live within 100 miles of your base if you want the move package. for the guys that live in subic, they can stay where they are and still bid HK

eFDeeeX

True.

Also complicates our lives in relation to trying to live close to the school our kids may go to...oh yea, the FDA's are for empty nesters or folks without kids...I forgot.

eFDeeeX

These unknown's are what will scroo us. The LOA should be crystal clear on everything. As soon as we agree to gray areas WE will lose.

The batch of experiments (also called first dudes in the FDA) are going to have one he11 of a time figuring this sheet out...on their "days off."