China's IIT Reform- Everything You Need to Know
Beijing, China l 2:00 PM - 3:30 PM CST
On June 5, Ines Liu, assistant manager on our International Business Advisory team, will share her insights on China's IIT reform, helping foreign individuals analyze and indentify risks and challenges derived from the reform and helping them to better adapt to the changes.
The new Individual Income Tax (IIT) law becomes effective on 1 January 2019, along with the final implementation rules for the amended IIT law and the implementation guidance on the additional itemized deductions released in the end of 2018, China's Ministry of Finance ("MOF") and the State Taxation Administration ("STA") provided further guidance on IIT treatment of non-domiciled individuals (overseas Chinese and foreign individuals) on March 14th, which are announced in Bulletin 34 and 35, and both apply retroactively from 1 January 2019.
What will be discussed?
Dezan Shira & Associates is collaborating with the Swedish Chamber on their Beijing Sharp Talk series to bring you IIT Reform - Everything You Need to Know. During this seminar Ines will provide an in-depth analysis of the IIT reform and its potential impact on foreign individuals in terms of new tax residency rule, six years rule, the new IIT withholding methodologies, three-year transitional policy, determination of China-sourced income and application of tax treaties.
2:00 PM - 2:15 PM Registration
2:15 PM - 3:15 PM Presentation
3:15 PM - 3:30 Q&A
3:30 PM Finish/Networking
SwedCham Members: RMB 150 / Nonmembers: RMB 300
This event is hosted by the Swedish Chamber Beijing.
To register for this seminar, please click below