Companies face tax risks hiring internationally

A new report from Multiplier reveals that 92% of companies are exposed to significant tax and compliance risks when hiring employees internationally. Only a small fraction, 8%, of organizations report having robust compliance measures in place for global hiring. As companies increasingly expand their workforce across borders, this lack of preparedness poses substantial legal and financial challenges. The findings highlight an urgent need for businesses to implement comprehensive strategies and seek expert guidance to navigate the complexities of international employment regulations and tax laws effectively.