Aditya Bhattachrya: Dual Residency Now a Mainstream Problem for US MNCs

In a recent feature by Vantage News, Aditya Bhattacharya highlighted the growing challenges multinational corporations (MNCs) face under global tax rules. He noted that “dual residency – once a rare corner case – is now a mainstream problem,” particularly for U.S. employees splitting their time between states and countries with differing definitions of residence.

Aditya explained, “Tie-breaker rules in treaties may not reflect where a person actually works or lives. We are seeing individuals simultaneously resident in multiple jurisdictions on paper,” emphasizing the increasing complexity for corporations in managing tax compliance and reporting obligations.

The article discusses the urgent need for MNCs to reassess global mobility policies and tax strategies to mitigate potential exposure. As tax frameworks continue to shift, companies must remain vigilant to ensure accurate residency reporting and compliance, avoiding disputes and penalties.

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