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This excerpt taken from the C 10-K filed Feb 26, 2010. Housing
Allowance
Citigroup will pay a housing and utility allowance designed to cover the cost of housing in your assignment country. This amount is based on your family size (which includes only those who accompany you on assignment) and is limited to an amount determined for your country of assignment. The allowance is subject to periodic reviews and may change based upon survey data provided by an independent consultant. Any rental and utility costs in excess of the country allowance for your family size is your responsibility. Citigroup will
pay all taxes incurred on this housing allowance.
• This excerpt taken from the C 10-Q filed Aug 7, 2009. Housing Allowance
Citigroup will pay a housing and utility allowance designed to cover the cost of housing in your assignment country. This amount is based on your family size (which includes only those who accompany you on assignment) and is limited to an amount determined for your country of assignment. The allowance is subject to periodic reviews and may change based upon survey data provided by an independent consultant. Any rental and utility costs in excess of the country allowance for your family size is your responsibility.
Citigroup will pay all taxes incurred on this housing allowance.
· This excerpt taken from the C 10-Q filed May 11, 2009. Housing Allowance
Citigroup will pay a housing and utility allowance designed to cover the cost of housing in your assignment country. This amount is based on your family size (which includes only those who accompany you on assignment) and is limited to an amount determined for your country of assignment. The allowance is subject to periodic reviews and may change based upon survey data provided by an independent consultant. Any rental and utility costs in excess of the country allowance for your family size is your responsibility.
Citigroup will pay all taxes incurred on this housing allowance.
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