China’s new Individual Income Tax (IIT) law came into effect on January 1, introducing new tax brackets and a slew of other changes to the country’s IIT system.
The latest issue of China Briefing Magazine, Annual Audit and Compliance in China, is available for download from the Asia Briefing Publication Store.
China is offering withholding tax deferrals for reinvestments in the country. In this article, we look at who can benefit from this incentive, and what criteria investors must meet to qualify.
Many foreign companies are unprepared to deal with instances of fraud in China. In this article, we look at how to identify and assess fraud risks in China.
China has specific compliance requirements for each channel the foreign invested entity may choose in order to make outbound payments.
China’s IIT reform has created questions for taxpayers since its introduction. Read our seven key points from the draft implementation rules before calling your advisor.
China’s double tax avoidance agreements (DTAs) can be used to avail lower tax rates while making outbound payments. Learn how to apply for these benefits.
Beginning November 1, China will expand and optimize export tax rebates to lower costs for businesses and encourage trade, the State Council recently decided.