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Repatriation is the return of a thing or person to its or their country of origin, respectively. The term may refer to non-human entities, such as converting a foreign currency into the currency of one's own country, as well as the return of military personnel to their place of origin following a war .
The COVID-19 pandemic has had a significant impact on the airline industry due to travel restrictions and a decimation in demand among travelers. Significant reductions in passenger numbers have resulted in flights being cancelled or planes flying empty between airports, which in turn massively reduced revenues for airlines and forced many ...
Later, they decided to call for "a break." All of their employees in Sweden are temporarily furloughed. [14] CityJet, an airline notable for its flights to and from London City Airport, filed for bankruptcy due to financial issues inflamed by the pandemic. [15] Virgin Australia reduced 8,000 out of 10,000 employees (redundancies and temporary ...
A repatriation tax holiday is a tax holiday specifically directed towards individuals and businesses in one country who repatriate to that country income earned in ...
Boeing furloughed thousands of salaried employees on a rolling basis after the strike by 33,000 union machinists began in September and halted production of its best-selling 737 MAX.
A recent survey shows that only 35% of the 205 organisations surveyed placed importance on "finding a suitable position for the employee post assignment". [8] Unsuccessful repatriation can occur when employees are placed in a role that does not utilise the skills they developed on the international assignment.
Boeing is temporarily furloughing executives and other nonunion workers to save cash during the strike by 33,000 members of the International Association of Machinists, CEO Kelly Ortberg told ...
Repatriation tax avoidance is the legal use of a tax regime within a country in order to repatriate income earned by foreign subsidiaries to a parent corporation while avoiding taxes ordinarily owed to the parent's country on the repatriation of foreign income. [1]