Bain & Company How is that AirBnb can offer their employees to work while traveling abroad but the consulting companies strictly forbid it presumably due to tax implications?Deloitte EY PwC KPMG Airbnb McKinsey & Company Bain & Company

like
Posting as :
works at
You are currently posting as works at

Corporation vs partnership

like

For the B4 it’s because they’re also audit firms and if the firm in Argentina goes down for the Enron of South America the US firm doesn’t want to have the discussion that they’re not really different entities and then have all the US partners lose their pensions.

Having employees in the same country beyond a certain amount can complicate that. One overly loose audit partner in a country can screw over everyone. No need to make that risk global.

likesmart

It’s because Airbnb are idiots who don’t realize the tax implications of having employees work wherever they want. The tax exposure is enormous and much higher for larger firms. Even working in different states has a huge tax risk.

like

I was wonder the same thing

like

Maybe cause they don’t do timesheets there’s less of a paper trail?

like

Each Big 4 firm operates in each country as a separate legal entity, so they are not large global firms, they are a network of cooperating firms. EY Argentina operates in Argentina, EY Canada operates in Canada, etc. AirBnB is already set up to have business licenses, offices, employees and tax reporting for various countries.

Does anyone know the 170 countries AirBnB is now letting their employees work in?

Related Posts

TIL: I don't have rights as a public accountant

Post Photo
likefunnyhelpful

Any thoughts if Virtusa would be better or HSBC India for life insurance domain as business analyst.

Any designer transitioned to a product manager role? How did you do it? (Outside of internal work transition, more interested in acquiring a new role in a diff company from designer to pm) thanks!

like

Why do firms not use vested stock options as incentive in earlier stages of career?

like

Expecting an offer today from Deloitte consulting (commercial). Would love to hear tips and advice on how to react to the call and negotiate/what to negotiate more for. I was laid off back in the fall and will 100 percent take the offer - super excited!! But don’t want to show my emotions. TIA

like

So stressed! Not getting any calls- any good referrals for resume services, probably need to refresh my resume- or any other tips is much appreciated! 11 yoe experience in data and Analytics and have stayed in same firm. First time going out and looking for job.

like

He didn't want me to leave lol

Post Photo
likefunny

Do we have to go to office from next week?

I made this group with the intention to find others like me who believe in more then just working a full time job and die and not accomplish nothing else but a miserable life of SLAVERY !

like

If you guys are going to happy hour and see these kicks it's your boy

Ready to get back in the water. Who’s headed where?

like

Does anyone have any insight into partners retiring early? I am at a point where I need to consider leaving if I am not aiming for partner. I don’t see myself working past my 40s. My partner and I are not big spenders and anticipate have enough to retire comfortably in 40s (obviously a lot can change). I have been assured I will become SM in next year (currently 31 years old).

like

Alright alright alright

Post Photo
likefunny

I'm launching a small PE firm and need advice on structuring equity for early founding team members.

I don't want to give up equity in the firm for several reasons but I do need to incentivize my team.

Should I offer phantom stock or form a subsidiary LLC and issue stock in that but always own the parent co? Or just offer carried interest for deals they each manage?

like

How is Manufacturing and utilities vertical for business intelligence??

Help: I’m a senior IT consultant looking to grow my career in Gov cloud. Have years of experience serving civilian federal agencies (public trust). I have my AWS solutions architect associate cert. I desire to have an opportunity doing cloud at AWS in civilian/federal space. Looking for a way to receive internal referral and Would love to connect with anyone from that space who can help in that regard. 🙏🏼 with 2020, I realized “carpe diem” and want to pursue this w/o regrets. Can send my resume!

like

Internship Program Help: Hi Everyone! I’ve never worked for a company with any type of internship program at all, let alone a really successful one. My new company thrives off our internship program, with many of our managers/directors having started as one themselves. I’d like to create more of a structure to this program but not even really sure where to begin. Also don’t want to bite off more than I can chew, but would love to hear some tips or even better, maybe have a quick chat if willing?

like

Looking to buy my first property by 2024, and I am going to start researching now. What are the initial steps that people would recommend?

For reference I have very little knowledge and am in between air bnb and buying a duplex then renting out the other side. Open to suggestions/what others have had success with.

like

Anyone willing to share how much they are making as an Mri technologist in Chicago? I know downtown pays better then suburbs. I work in one of the big university hospitals and make 40 per hour. I have masters and 6 years of experience. I recently learned that a new grad who doesnt have his state boards yet has 39 per hour. A coworker experience of 20 years gets 50per hour. Not sure what to think of their weird pay scale. 🙂

like

Additional Posts in Consulting

When you see the upgrade screen at the gate does it show every passenger that was upgraded (meaning every other FC seat was paid) or can you get a FC seat as an upgrade and not be on the gate screen?

like

Latteraling to new firm. Do you share your current Non-disclosure Agreement with HR during the recruitment process?

like

Requesting knowledge on pay scale for 1st year Director in VHCOL area. What should expectations be for 2nd year range?

like

ACN 🐠 — can you provide some insight on level and salary range for either a Senior Salesforce Developer or Salesforce Technical Lead?

like

What would be a good place to get my husband decent jeans and body wash? He doesn't like to shop and I want to upgrade him.

like

I have been tagged for this project that doesn’t start until June 10th. My utilization is going to drop significantly but at the same time the deployment team cannot present me elsewhere. Ugh!

like

Carmelo Anthony would be a great consultant. Never wants to come off the bench and always wants to start and be a contributor

likefunny

Smart to look for a new job with a “recession” looming? Wanted to leave by end of the year, but nervous I’d be the first laid off at a new spot

likesmartfunny

Has anyone gone through higher education sponsored by the firm. Should I be applying to colleges and only after getting the admit make a business case for sponsorship or vice Versa

like

For those living with roommates who are basically strangers, do you ever worry about your stuff being safe when you're gone all the time? Do you keep a safe in your room for valuables & documents?

like

Any good resources to learn VBA?

like

Looking to target PE firms as clients, need to do some research on how they work so we can speak intelligently when trying to sell operational work to them. Any book recommendations ?

likefunny

MBB peeps - what is your experience working with people that came from Big 4/Accenture (excluding those who came from strategy arms of B4)?

I am disappointed in the talent we have here at PwC and A) am looking to switch B) nervous that we don’t have a good reputation based on who I’ve worked with here

likefunny

One of the reasons I want to transition from industry to consulting (tier 1) is that I get frustrated when I have to collaborate with mediocre people. My assumption is that Tier 1 consulting firms hire really sharp people and if I can get in, I’ll be collaborating with folks on top of their game (not expecting much from clients). I’m aware there are personal aspects I need to work on like my mindset, patience etc etc, but I just get so frustrated with blatant stupidity.

likefunny

Does anyone know if I can take my Waterpik water flosser in the carryon luggage ?

like

What are the weirdest reasons you have heard for people being laid-off? I have heard someone getting laid off because they missed submitting their time-sheets for 3 times in a year.

like

I have a consulting/PE interview on Friday, please recommend consulting books or sites to read. Need to speak consulting language

like

Do LinkedIn inmail messages even work? I’ve sent over 100 and barely 3 responses. Anyone have suggestions?

like

Here's a question I wish I never had to ask. Is it better to use the code for bereavement leave or just burn pto I'm going to lose anyway? Does it make a difference from a utilization standpoint?

like

Starting to get more involved in the project sales process - any recommendations for books or resources to develop skills in this area?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal