Japan U.S. pact to alleviate duplicate social security payment
Kyodo Thursday July 31, 11:16 PM
Japan and the United States effectively agreed on Thursday to free their companies from the burden of paying social security taxes, such as medical insurance premiums, for employees assigned to offices in each other's territory to both governments, officials said.
The accord will also end the disadvantage of firms paying such taxes as pension contributions without employees ever receiving pension benefits after they return home following the expiration of assignment periods, they said.