Other Briefings
China’s Environmental Protection Tax
On January 1, 2018, the Chinese government implemented a new environmental tax policy, effectively ending the pollutant discharge fee that had been in effect for the past 40 years. In this article, we look at the new Environmental Protection Tax, and its impacts on businesses in China.
Shenzhen Businesses: Register Tax Personnel by February 28
Businesses in Shenzhen have until December 31 to register real name authentication of key tax-related personnel. In this article, we provide a step-by-step guide on how businesses can register their tax personnel with the local authorities.
Corporate Income Tax in China
Corporate income tax (CIT) is one of the main taxes for businesses in China. In this article, we explain the legal basis for CIT, who it applies to, its rates, and how to calculate it.
Managing China’s Financial System – New Issue of China Briefing Magazine
The latest issue of China Briefing Magazine, Managing China’s Financial System, is out now and available for download from the Asia Briefing Publication Store.
How China Taxes International Sport Events and Foreign Athletes
More and more high-level sporting events are being held in China. These events, however, are subject to unique tax treatment. This article explores the tax requirements of foreign sporting events companies and the taxation of foreign athletes in China.
Calculating Value-Added Tax in China
Value-Added Tax (VAT) reform in China has been fluid and on-going, but taxpayers note that the methods used to calculate VAT has remained comparatively steady. In this article, we explain the basics for calculating VAT in China for you and your business.
Did Xi set a New Direction for Tax Reform in China?
Chinese President Xi Jinping hinted at a new direction for tax reform during the 19th Party Congress, which ended last week in Beijing. Although the statements made during Xi’s speech were broad, and had little in the way of specifics, Xi’s speech could signal a new direction of reforms for China’s tax system.
Paying Foreign Employees in China: Individual Income Tax
In this article, we explore how individual income tax is calculated for foreign employees in China. The rules differ slightly from those for local nationals, and depend in large part on how much time one has spent in the country.
