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M E R C E R P E R S O N A L I N C O M E TA X S O L U T I O N

M E R C E R P E R S O N A L I N C O M E T A X S O L U T I O N

Income tax is often not only the most expensive part of an expatriate package, but also the most complex.

Mercer’s new Personal Income Tax Solution makes the process easier by providing immediate access to all the information and data you need to successfully calculate the tax and social security part of an international assignment.

The Personal Income Tax Solution is a cost-effective, multifunctional product that includes full reports on personal income tax and a powerful calculator.

P E R S O N A L T A X R E P O R T S

Mercer’s Personal Tax Reports are authoritative guides on tax requirements and social charges. In simple-to-read terms, each report explains how the local tax system is built and the implications for both local executives and expatriates.

The reports help you assess the true value of your compensation package by enabling you to determine your employees’ tax obligations. They provide answers to key questions:

• What income tax and social security contributions need to be made by the individual and the employer?

• Are any income and benefits exempt?• Do any deductions and tax credits apply?

• Are there special tax concessions for expatriates?

• Are there child subsidies/family allowances or other special allowances that offset taxes?

• What are the requirements and regulations of the local tax laws?

The reports also show samples of tax calculation and tables that cover the effective tax burden on a wide range of situations, for various salaries and family sizes.

Personal Tax Calculation Detailed ResultsMarch 2016

COUNTRY: NetherlandsREGIONAL: N/ACURRENCY: EUR

TAX YEAR: 2016RESIDENCE STATUS: RESIDENTMarital Status: SINGLE 2 ChGross Income 100,000Sum of User Provided Taxable Allowances N/ASum of User Provided Tax Deductions N/A

Federal Tax 34,561Total Credits 3,233

Credit 1: General Tax Credit 0Credit 2: Labor Credit 464Credit 3: Combination Tax Credit 2,769Credit 4: Single Parent 0Credits Split for Income Tax 743Total Federal Tax 33,818

Employee Social Security Contributions

National Insurance Tax 9,491Credit Split for Social Security 2,490Total Employee Social Security 7,001Total Tax + Social Security 40,819NET INCOME (Excluding Family Allowances) 59,181Total Family Allowance 1,920

Family Allowance 1,920Child Budget 0NET INCOME (Including Family Allowances) 61,101Employer Social Security Contributions

ERSS1: ZVW 3,562ERSS2: WW 2,839ERSS3: WIA 3,366Total ER SS 9,766Total Employers' Cost 109,766As % of Gross

Tax % 33.82%Employee Social Security % 7.00%Family Allowance % 1.92%Employer Social Security % 9.77%Marginal Rate

Tax % 52.00%Employee Social Security % 0.00%Employer Social Security % 0.00%

Latest Update: March 2016

Comments: N/A

SS Options: Calculation includes Employee and Employer Social Security Contributions

FA Options: Calculation includes Family Allowances

The above mentioned Net Income figure has been computed by deducting Gross Income, from Mercer'sunderstanding of the respective standard country tax (& state tax where applicable) and social securitycontributions. Family and/or children allowances (if applicable) are added to the Net Income. Please notethat the above calculation is provided as a guideline only. Please refer to the specific Personal Tax report forthe chosen country.

Disclaimer:Mercer LLC. has made reasonable commercial efforts in order to offer the most current information. Thecalculation is provided on an "AS-IS" basis. This calculation result is provided for information purposes onlyand is not intended or implied to be a substitute for professional advice. In no event shall Mercer LLC. beliable for any damages, losses or expenses, including without limitation, direct, indirect, special, incidental,or consequential damages arising in connection with the use or interpretation of the information containedherein. Mercer LLC is not a professional tax adviser, and therefore, the calculation is not intended as asubstitute for tax advice. Accordingly, Mercer recommends that the advice of a professional tax advisers issought with respect to any tax matters.

© 2016 Mercer LLC, All Rights Reserved

P E R S O N A L I N C O M E T A X C A L C U L A T O R

The Personal Income Tax Calculator is a powerful tool that will help you measure the real value of your employee’s compensation, showing the exact difference made by taxes. The calculator enables you to determine gross-to-net and net-to-gross compensation to show how much of the salary will be left over after taxes.

The tool lets you customize the calculation with multiple analysis options. You can also include or exclude social security contributions and family allowances, as well as set various currencies. All statutory information is loaded, and you can include statistically modeled assumptions for deductions, credits, and exemptions, as well as additional assumptions for statutory requirements.

Additional allowances, tax-deductible contributions, and benefits-in-kind can also be considered for an accurate gross-to-net or net-to-gross analysis.

Over 140 locations, including regions and states, are available on a global entitlement or one-off basis.Contact mobility@mercer.com for info and to pre-order.

For further information, please contact your local Mercer office or visit our website at:www.mercer.com

Copyright 2016 Mercer LLC. All rights reserved.