Webinar | Thursday |3PM-4:30PM China Time
Individuals working in China - both Chinese and foreign nations - are required to pay individual income tax (IIT) on their income. The online annual Individual Income Tax (“IIT”) clearance system has been open to taxpayers since March 27, 2020. Since then, the topic of annual IIT clearance is drawing attention from taxpayers.
Are you obliged to make the annual IIT clearance? Can you enjoy an IIT refund? What are the procedures for annual IIT clearance? Are there any special concerns for foreigners?
Amber Liu, senior manager of Dezan Shira’s Corporate Accounting Services team, will host a webinar answering these questions. The webinar aims to provide you with a comprehensive understanding of the requirements and procedures of annual IIT clearance for both foreigners and Chinese citizens.
The following topics will be covered:
Section 1: Basic terms for Individual income tax
Section 2: Who shall make the annual individual income tax clearance?
Section 3: Timeline and procedures for annual IIT clearance?
Section 4: Special concerns for foreigners
Section 5: Case study
How to register: