Employers paying private school tuition

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's a sign of tax fraud. I hope anyone using it is paying taxes on it, because that's what the manhattan ad eventually got Weisselberg on.

True.

Those places are ripe with tax fraud expats. After mandatory retirement (age 50 or 62), many go sign up for a fake 20 year Phd program to avoid paying taxes on their pension withdrawals. Don’t pay a cent of income tax to their state or to america.

I do tax work for a lot of international organization employees and retirees. I have NEVER heard of this. People who want to stay in the US get a green card and pay taxes on their worldwide income (including their pension). People who do not want to stay here leave the US. The pension is considered foreign income (bc of how it is structured) so not taxed in the US.

[Anonymous]

The Canadian government pays for private religious schools with french programs for its military employees in the US if the kids were in a religious school back home.

[Anonymous]

Again, G4 visa holders (the only ones getting the school benefits at international organizations) don’t pay income taxes… why is it so hard to understand? It is not tax fraud if you don’t pay income taxes.

[Anonymous]

Highly compensated executives (think president or CEO) may have this as part of their total comp package. Most of the time, such benefits will be grossed up and reported on the employee’s W2 as income.

[Anonymous]

Employers can pay for whatever they want as long as employees report it as income. At least that’s my understanding. Full disclosure: I’m not an accountant.

[Anonymous]

Anonymous wrote:Employers can pay for whatever they want as long as employees report it as income. At least that’s my understanding. Full disclosure: I’m not an accountant.

Unless they don’t pay income tax because have diplomatic visas…

[Anonymous]

I know a World Bank employee who moved abroad and enrolled their kids in American boarding school with nearly all the tuition paid off.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Wonder if this is partly how WIS attracts so many international families?

No, it is not. The school gives no benefits, employers do. WIS attracts foreigners because of the IB program, language immersion and overall environment of the school.

Not quite. I know a number of people who said they would have sent their kids to the public (Montgomery
Co) b/c WIS would objectively not be worth it without the IMF benefit. They would see it differently for SIdwell or GDS.

As for the World Bank, the benefit did not stop in 1998; it stopped for those who joined after 1998. I know women in 2nd marriages to old geezers with pre-1998 benefits enjoying the full tuition benefit for their kids (college too, yes). Shocked no one ever sued. I’ve been assured there’d never been less useful
and more loyal corporate yes-men generation as the tuition went up.

I think it’s ok as long as we stop automatically approving their Green Cards following a lifetime of no tax and free schooling. There are so many amazing young immigrants with talents for us to spend the visa allotment on rather than the people who’ve sucked the system dry for decades with no taxation and can barely use MS Office and then apply for the GC before retiring when about to use the Medicare. Plus so many tried to divorce the first wives in the “home country” leaving them destitute that the FBI had to step in.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Wonder if this is partly how WIS attracts so many international families?

No, it is not. The school gives no benefits, employers do. WIS attracts foreigners because of the IB program, language immersion and overall environment of the school.

Not quite. I know a number of people who said they would have sent their kids to the public (Montgomery
Co) b/c WIS would objectively not be worth it without the IMF benefit. They would see it differently for SIdwell or GDS.

As for the World Bank, the benefit did not stop in 1998; it stopped for those who joined after 1998. I know women in 2nd marriages to old geezers with pre-1998 benefits enjoying the full tuition benefit for their kids (college too, yes).

It’s objectively a hard (and gross) graft.

[Anonymous]

State department will pay for tuition at an approved school for private overseas k-12 grades, including transportation. It's not a taxed. If there is not a school deemed "acceptable" at your post then they will pay something towards school elsewhere including boarding school- the amount paid varies by post.

[Anonymous]

Anonymous wrote:State department will pay for tuition at an approved school for private overseas k-12 grades, including transportation. It's not a taxed. If there is not a school deemed "acceptable" at your post then they will pay something towards school elsewhere including boarding school- the amount paid varies by post.

My friend has 4 kids and they work for the US embassy in a low-cost country in Asia. The "American" school, which is private, charges about $35k/year which is a huge sum there (they pay their full-time live-in maid $300/month by comparison). The US gov't pays for all the kids to go to that school.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Wonder if this is partly how WIS attracts so many international families?

No, it is not. The school gives no benefits, employers do. WIS attracts foreigners because of the IB program, language immersion and overall environment of the school.

Not quite. I know a number of people who said they would have sent their kids to the public (Montgomery
Co) b/c WIS would objectively not be worth it without the IMF benefit. They would see it differently for SIdwell or GDS.

As for the World Bank, the benefit did not stop in 1998; it stopped for those who joined after 1998. I know women in 2nd marriages to old geezers with pre-1998 benefits enjoying the full tuition benefit for their kids (college too, yes).

It’s objectively a hard (and gross) graft.

Why a graft?

[Anonymous]

The company I worked for from 2016-2020 did this with several consultants brought in specifically to manage the sale of the company and the post-sale transition. They were experts in that sort of situation. They were all from European countries (Netherlands, France, Switzerland, and Belgium).

The company paid the relocation fees for them and their families to move from their respective countries to the US. Their US housing was paid for by the company up to a certain amount and a few had the entire private school costs of their kids covered by the company. A few only had a portion of the tuition covered.

They made more money from November 2018-July 2020 than two of our c-suites combined.

[Anonymous]

Anonymous wrote:I know a World Bank employee who moved abroad and enrolled their kids in American boarding school with nearly all the tuition paid off.

Damn! That's a sweet gig.

[Anonymous]

Anonymous wrote:The company I worked for from 2016-2020 did this with several consultants brought in specifically to manage the sale of the company and the post-sale transition. They were experts in that sort of situation. They were all from European countries (Netherlands, France, Switzerland, and Belgium).

The company paid the relocation fees for them and their families to move from their respective countries to the US. Their US housing was paid for by the company up to a certain amount and a few had the entire private school costs of their kids covered by the company. A few only had a portion of the tuition covered.

They made more money from November 2018-July 2020 than two of our c-suites combined.

A company paying for relocation costs and school fees hardly amounts to the consultants 'making money'. When the consultants left, none of that money was in their pockets.