multi - location assignment tax guidelines introduction as part of your multi - location assignment, you may be required to report income and pay taxes in your assignment location ( s ), as well as in your home location. the company ’ s goal is to comply with all income ( including but not limited to federal, state & local, cantonal, and provincial ) and social security tax regulations of the home and assignment locations. to help you understand and comply with the appropriate tax regulations, the company has outlined these multi - location assignment tax guidelines ( the “ tax guidelines ” ), which will apply during your assignment. tax consultation services dresser - rand has engaged the services of ernst & young to provide tax preparation and consultation services throughout your assignment and thereafter, to the extent the company deems appropriate. assignee ’ s responsibilities assignees may be required to submit tax returns in any location in which tax obligations arise or where filing is otherwise required. the company expects assignees to observe appropriate regulations and the dresser - rand code of conduct. the assignee ’ s cooperation in preparing and filing the required tax return ( s ), as well as making appropriate payments, is essential to this process. despite the fact that the company has agreed to provide the assignee with certain tax services, the assignee must provide all necessary tax information. in addition, the assignee must ensure home and assignment location tax returns are submitted in due time, according to communication from ernst & young. where the assignee undertakes “ significant financial transactions ” ( as described below ), in the assignment location, without seeking advice from the company and / or ernst & young, and that transaction has a materially adverse impact on the tax liability, the company reserves the right to pass this additional cost back to the assignee. · individuals should seek advice before proceeding with “ significant financial transactions ” in the assignment location including ( but not limited to ) the following as examples : o purchasing a home or other property in the assignment location o acquiring a business interest in an assignment location company ( becoming a director or owner in an assignment location company / partnership, etc. ) o making significant investments in the assignment location assignee is required to spend more time in the home location than the assignment location. any deviations to this require pre - approval by the ceo. tax methodology during the multi - location assignment, tax equalization will not apply ; however, in cases where incremental taxes become payable as a result of the assignment, the company