Dbriefs Webcast

Special Edition | China's individual income tax reform: Know the changes, plan ahead

China Issues

November 29 | 11 a.m. ET | 16:00 GMT

Host: Vivien Wang, partner, Deloitte Tax LLP
1 Overview CPE credit | Taxes

China's top legislature recently voted to adopt amendments to the Individual Income Tax (IIT) Law, including raising the minimum threshold for personal comprehensive income tax exemption, new eligible expense deductions, defining residents and non-residents as different types of taxpayers, and stipulating new criteria for taxation of income. What should individuals and companies know to prepare for the coming tax changes? We'll discuss:

  • In-depth analysis of changes to China's IIT Law.
  • Tax implications for resident and non-resident individuals with China income.
  • Compliance and reporting considerations for enterprises.

Participants will learn about China's IIT reform and what it means for taxpayers and withholding agents as the new provisions are implemented.