Tax Information

Taxes for locum tenens physicians

Whether you serve as a locum physician overseas or in the U.S., you are considered an independent contractor. This means you are responsible for any tax liability that you incur in your home country or abroad. Nearly all of the countries we work in have graduated tax rates (it increases for higher wage earners and decreases in lower income brackets). The rates and methods for calculating tax vary from country to country, but you can generally plan on paying about a third of your income in taxes.

To help better understand your potential tax liability, we strongly recommend that you speak with your Accountant or other expert in international tax before you depart from home. We can also help you set up a self-directed retirement account that allows you to save pre-tax income for your future retirement needs.

We also suggest you visit the following government websites:
   
      Australian Taxation Office: www.ato.gov.au
      New Zealand Inland Revenue: www.ird.govt.nz
      U.S. Internal Revenue Service: www.irs.gov