Tag: IIT

March 16, 2022

China Individual Income Tax Settlement 2022

In this article, we take a deeper look at the specificities of taxable income, deductions, individuals with tax filing exemptions, and...
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December 30, 2021

Important Tax News for All Employees in China: Annual Bonus to be Taxed Less 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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March 31, 2021

Individual Income Tax (IIT) Preferential Tax Treatment for Foreigners: the End of Expatriate Allowances in China?

According to China’s existing Individual Income Tax (IIT) law, which came into effect on 1 January 2019, expatriates in China can...
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