As MIT expands its global reach through international engagements with universities, industries, organizations, and communities, VPF stands ready to provide finance-related guidance and expertise every step of the way.
A dedicated team of experts coordinated by VPF Tax and Global Operations is available to help plan, identify issues, answer questions, and develop strategies for all global initiatives. In addition, VPF can provide guidance in travel, payroll, budgeting, payments, tax, and other financial transactions to MIT community members conducting MIT business around the world.
VPF develops and refines best practice solutions to support efficient and compliant global operations and responsible stewardship of the Institute’s resources. It also participates in MIT’s International Coordinating Committee (ICC), which guides faculty, researchers, students, and staff in planning and implementing international projects.
The ICC website’s “Ten Things Every PI Should Consider” list addresses key questions to ask when planning an international project, including the financial components covered by VPF and a variety of other important considerations. It is best to contact VPF in the early stages of any endeavor to allow for sufficient analysis and planning.