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When determining gross salaries, wages, emoluments, allowances and other related benefits, the employer should include benefits-in-kind, such as the grant of cars for private use, fuel cards, luncheon voucher, the company's shares, etc. Such benefits should be valued at their fair value (see 4.1) (Personal Income Tax and Corporate Income Tax Code, Art 26-III, and see 1.1 for how to access the relevant legislation).

As stated at 7.1 and 4.4, no personal income tax is levied, under specific circumstances, on expatriation allowances, emoluments and other allowances and benefits received by employees in respect of their work abroad.

Further, no personal income tax is levied on special allowances intended to cover the costs inherent to the assignment or employment incurred by employees insofar as they are duly justified and evidenced by invoices and other relevant