Dash 8 Captains US$13,000 per month (Tax Free)

[NJA bound]

Dash 8 Captains 12/11/2006
One of the largest international aviation flying support companies for the oil and gas industry has an immediate requirement for Dash 8 Captains to fly a 6 month contract with a roster of one month on, one month off in Africa. Candidates must hold a JAA ATPL with a current type rating on the Dash 8 and a minimum of 100 hours in command on type.

Accommodation, flights and health insurance provided with a salary of approximately US$13,000 per month (Tax Free) according to experience plus an allowance of $40 per day. Please apply by sending a CV and copies of license, medical and passport to [email protected] or contact Steve Briscoe on +44 1483 852786.

http://www.skyjobs.net/id1.html

 

[agpilot34]

Dont know if there's different laws that apply in this case, but the IRS says you have to be out of country a minimum of 225 consecutive days for your salary to be tax free. Got a buddy that just come back from a civilian contracting job in Iraq, and he had to deal with that.

 

[Oakum_Boy]

Gotta have that JAA license.

 

[hawkerflyer]

The tax free yearly limit is $85,000.

 

[135pilot]

Does anyone know if this job is located in Nigeria?

 

[avbug]

They probably mean that they aren't taxing you on-site, or have some hair brained scheme to funnel it via off-shore. With the job as descibed above, you're gonna get taxed.

 

[bman]

that's not entirely true if you establish a bonafide residence in said african country then you are absolved and may come and go to the US as you please. But tis true alas that it is only the first 85,000 grand or didn't it go up a bit recently?

Bman

 

[X man]

Dont know if there's different laws that apply in this case, but the IRS says you have to be out of country a minimum of 225 consecutive days for your salary to be tax free. Got a buddy that just come back from a civilian contracting job in Iraq, and he had to deal with that.

Well Well, you know you do not have to tell those boys at the IRS everything you do, It is kind of well known that what you make overseas is yours to hide.

 

[Lear Wanna Be]

One question, do those girls work at NetJets? If so, are there more just like them and where do I send my resume? Actually, you can fire the one in the middle.

 

[typhoonpilot]

that's not entirely true if you establish a bonafide residence in said african country then you are absolved and may come and go to the US as you please. But tis true alas that it is only the first 85,000 grand or didn't it go up a bit recently?

Bman

That Bona-Fide residence has to be for one entire calendar year before it becomes useable for the foreign earned income exclusion. In regards to the 225 consecutive day comment further up, that is just plain wrong. To qualify for the foreign earned income exclusion you either need to meet the first case as stated above, or be in another foreign country for 330 days out of 365. See IRS Form 2555. Here's a quote:

Requirements

To claim the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction, you must satisfy all three of the following requirements.

1. Your tax home must be in a foreign country.
2. You must have foreign earned income.
3. You must be either:
   1. A U.S. citizen who is a bona fide resident of a foreign country or countries for an uninterrupted period that includes an entire tax year,
   2. A U.S. resident alien who is a citizen or national of a country with which the United States has an income tax treaty in effect and who is a bona fide resident of a foreign country or countries for an uninterrupted period that includes an entire tax year, or
   3. A U.S. citizen or a U.S. resident alien who is physically present in a foreign country or countries for at least 330 full days during any period of 12 consecutive month.

Linky to the IRS

There is another option if your stay outside of the USA is shorter. You can use the International Per Diem rates and take a daily deduction for the city that you are in. That actually comes close to a prorated rate for the $84,000 yearly deduction.


Typhoonpilot