• Type: Publication series
  • Date: 12/6/2012

United States – Proposed Regulations on Medicare Tax on Unearned Income 

On November 30, 2012, the U.S. Internal Revenue Service (IRS) released Proposed Regulations on the new Medicare Tax on Unearned Income, also called the Net Investment Income Tax (NIIT), which will apply to net investment income received in any tax year beginning after December 31, 2012. Unlike the Additional Medicare Tax, the NIIT is not a withholding tax, so will have less impact on employers. However, the NIIT may have a significant impact on the tax liabilities of individual taxpayers, and is likely also to have an impact on assignment cost projections and tax equalization calculations for employees on international assignment.

Download PDF of Flash International Executive Alert:

United States: Proposed Regulations on Medicare Tax on Unearned Income (PDF)


Subscribe to receive Flash International Executive Alert in your inbox

Subscribe now

Flash Alerts Region list

To view Flash Alerts by country, click on a region. In the country list on the right, click on a country name.



Flash Alert home


Global Mobility home