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    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.

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    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.

  • by Reading Time: 6 minutes

    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.

  • by Reading Time: 8 minutes

    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.

  • by Reading Time: 6 minutes

    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.

  • by Reading Time: 6 minutes

    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.

  • by Reading Time: 5 minutes

    How to Apply for VAT General Taxpayer Status in China

    Acquiring VAT general taxpayer status is essential for companies in China to benefit from the VAT reform’s tax reductions. In this article, we outline the criteria for acquiring VAT general taxpayer status, and how to apply with government authorities.

  • by Reading Time: 7 minutes

    Why is China’s Tax System so Complex?

    Despite recent efforts to streamline the tax system, China’s tax system can be bewildering for foreign investors unaccustomed to its intricacies and idiosyncrasies. In this article, we examine why China’s tax system is so complex.

Showing 8 of 1128 articles