B777 Captains

[uba757]

A couple of friends did the interview but with India as a CAT 2 country and the uncertainties that brings with it, they both turned it down! They were both fairly happy with the "package" but we're told that until the category situation is resolved, they would be based in Mumbai. They were told that by the end of this year or beginning of next year, JETS flight from Newark to Brussels would switch from A330 to B777 and then they could be based back in the USA but until then it is Mumbai.

 

[fareview]

Does anyone know what the Chinese tax rate is?

There are contracts now being offered of 'Salary net of taxes' in China. As the US and China have a tax agreement; if the Chinese rate was close to say 35% then (my worst case effective rate) - would this then mean that these contracts are essentially tax free and more importantly legal.

The numbers in China are getting very attractive assuming the above.

Thoughts?

fv

 

[Dumb Pilot]

Does anyone know what the Chinese tax rate is?

There are contracts now being offered of 'Salary net of taxes' in China. As the US and China have a tax agreement; if the Chinese rate was close to say 35% then (my worst case effective rate) - would this then mean that these contracts are essentially tax free and more importantly legal.

The numbers in China are getting very attractive assuming the above.

Thoughts?

fv

Zup FV....! For what I have found out with friends that are doing the China thing..! It is about 33%, there are some hoops to jump through, but this will pretty much take over your tax liability state side, (minus SS I believe) but as always my recommendation is to talk to a professional tax person that is experienced in foreign income matters.

The problem that I see with the Chinese contracts is not the money, they need to bring the working environment up to par to make it attractive, their commuting conditions are substandard and their medicals are set up for a 17 year old cadet that is used to eating a LOT more vegetables and less junk that we eat in the west, they continue to apply those standards to 50 year old captains of the "super size me" generation, that's just not going to work. Other things like Chinese pilots smoking in the cockpit and getting your salary cut because you did a "go around" that kind of stupidity needs to change and be brought to a more multi cultural working environment before they start getting the applications they need.

 

[fareview]

DB,

Yep all good points. China would be my last choice, just educating myself on market.

How's tax treated with you ? Same as us? We get paid gross and file accordingly or is there a similar set-up in Japan as China?

fv

 

[Dumb Pilot]

With our deal at AJX, it depends on what is the contract company, if you are with CREW (a US company) the taxes are dealt with accordingly, if you are with another agency (PARC in my case) the salary is net and you are responsible for the tax liability in your country of residence....! No tax liability in Japan since we don't get residency status and come in and out with shore pass, that is the reason why we only do international flights.

With other jobs in Japan that give you residency status (such as Skymark) they pay for your Japanese taxes and you can use the paperwork as we discussed on the Chinese contracts, some other jobs here in Japan do provide residency status but you have to pay Japanese taxes ( Vanilla Air, Peach (depending on the option you choose) Jetstar Japan) and EVERYONE and their mother are hiring LOL! There is also another startup that is doing their proving runs now, Spring airlines! A subsidiary of the Chinese Spring airlines, believe it or not LOL!

 

[fareview]

Got it... The more hiring the merrier!

Next Tokyo , call you for a beer.

fv

 

[Dumb Pilot]

Got it... The more hiring the merrier!

Next Tokyo , call you for a beer.

fv

Only if I get to buy the first three rounds.......!

 

[macdu]

I am net taxes here in China. The company does give us the tax receipts that they pay on our behalf so you can file either way with the foreign income exclusion or or your taxes paid method.
I zeroed out my fed taxes this year with the exclusion on earnings of 180k.

 

[fareview]

Nice one

 

[WYOMINGPILOT]

The agencies in China are meaningless, they just want their recruitment fee. I have been here 4 years now but on my way out. The money here is great but in the end it is not worth the money with an extremely difficult flying environment, QAR events and the Chinese punishment culture, Mindless meetings on days off without pay, Astronaut style physicals, the worst schedules you can imagine, highly inefficient and huge ground delays at most stops make it brutal on your health and well being. If you want quick cash for one contract maybe 2 if you are lucky with your medicals then Go For it but don't come here with career expectations. If you are in your 30s it is much better, 40s is doable but difficult, 50s is rolling the dice every 6 months to get through a medical. At age 50 plan on doing an extensive EEG test, an echocardiogram, a treadmill stress test, extensive blood and urine tests plus the normal eyes, hearing, BP every 6 months. In the end there will be no job security driving you to look elsewhere.

 

[typhoonpilot]

The agencies in China are meaningless, they just want their recruitment fee. I have been here 4 years now but on my way out. The money here is great but in the end it is not worth the money with an extremely difficult flying environment, QAR events and the Chinese punishment culture, Mindless meetings on days off without pay, Astronaut style physicals, the worst schedules you can imagine, highly inefficient and huge ground delays at most stops make it brutal on your health and well being. If you want quick cash for one contract maybe 2 if you are lucky with your medicals then Go For it but don't come here with career expectations. If you are in your 30s it is much better, 40s is doable but difficult, 50s is rolling the dice every 6 months to get through a medical. At age 50 plan on doing an extensive EEG test, an echocardiogram, a treadmill stress test, extensive blood and urine tests plus the normal eyes, hearing, BP every 6 months. In the end there will be no job security driving you to look elsewhere.

Curious which airline you are/were at?

PM if you want, I'll be in Shenzhen on a personal visit from the 20th.


Typhoonpilot

 

[macdu]

I can't disagree with WYOMINGPILOT one iota. Things have changed since I first came in 2009 and not for the better. So far my personal situation here remains stable but that can change every six months as stated. But let's be honest. Even back in the U.S. we have a jeopardy event every six months, and with the easy medicals of the past on the way out from what I read.

 

[BuckMurdock1]

The agencies in China are meaningless, they just want their recruitment fee. I have been here 4 years now but on my way out. The money here is great but in the end it is not worth the money with an extremely difficult flying environment, QAR events and the Chinese punishment culture, Mindless meetings on days off without pay, Astronaut style physicals, the worst schedules you can imagine, highly inefficient and huge ground delays at most stops make it brutal on your health and well being. If you want quick cash for one contract maybe 2 if you are lucky with your medicals then Go For it but don't come here with career expectations. If you are in your 30s it is much better, 40s is doable but difficult, 50s is rolling the dice every 6 months to get through a medical. At age 50 plan on doing an extensive EEG test, an echocardiogram, a treadmill stress test, extensive blood and urine tests plus the normal eyes, hearing, BP every 6 months. In the end there will be no job security driving you to look elsewhere.

Just curious; what is a QAR event? Also-- just curious what meetings on unpaid days off are all about. Is it to discuss whatever a QAR event is?

 

[typhoonpilot]

QAR = Quick Access Recorder

It records the aircraft parameters during the course of a flight. Each airline can configure ways to read it that generate trigger events, i.e. Greater than 250 KIAS below 10,000 feet, gear not down by 1500 feet AAL, speed greater than Vref + 20 below 1000 feet AAL.

Wyoming can probably explain better how the Chinese airlines will "fine" pilots when certain trigger events are recorded.


TP

 

[macdu]

It's Chinese FOQA.