A new reform on IIT going into effect in 2022, has caused concerns for foreign organizations in China...
SwedCham is glad to invite you to this webinar together with our legal experts from Wikborg Rein law firm, and together go through the coming reform and clear any question marks you might have on the topic.
Following the introduction of China's new Individual Income Tax Law (IIT) in 2018, the impact of the IIT reform as well as the challenges it has brought along continues, in particular to the foreign taxpayers in China. From 1 January 2022, certain fringe benefits provided to foreigners, such as housing allowances, language training fees and allowances for children's education will become taxable and not subject to tax exemption. Appropriate actions are recommended to be taken by foreign taxpayers to cope with such changes, including a detailed review of the compensation package, quantification of the net pay and monitoring of the cash flow.
When?
March 24th
16:00 - 17:00
Where?
Online, anywhere in the world
Speaker?
Xiaomin Qu, Specialist Counsel at Wikborg Rein law firm
Specialist Counsel at Wikborg Rein
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