Tag: Bonus

December 30, 2021

Exciting Tax Update for Chinese Employees: Reduced Taxation on Annual Bonuses Extended Until 2023!

The preferential individual income tax (IIT) policy which has been applicable for once-off annual bonus payments has now been extended until...
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January 28, 2021

How to Calculate Taxes on an Annual Bonus in China

In our article we discuss how the Individual Income Tax on bonuses is calculated following the end of the preferential tax...
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Annual Bonus in China


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