IIT reform Seminar by Masson De Morfontaine
The release of announcements on Individual Income Tax (IIT) law in China has sparked a discussion on how companies with offices in China and individuals working there should adapt to these drastic changes. The amendments are so vast, that the current IIT reform is already considered the biggest in 38 years.
The new rules took full effect on 1 January 2019, they will regulate the use of taxpayer identification number, tax residence rule, guidelines on additional itemised deductions, comprehensive income tax, annual reconciliation filing, preferential tax treatments, etc.
In this seminar Masson De Morfontaine will share with you their analysis and interpretations of the PRC Individual Income Tax Reform 2019 and its impact on foreign expatriates working in China.
The seminar is suitable for Tax, Human Resource and Finance professionals who are new to Chinese Individual Income Tax or want to fill in gaps in their knowledge.
The seminar will discuss:
- New 6-year rule
- IIT withholding calculation methods applicable to resident and non-resident taxpayers
- New IIT declaration requirements
- Eligibility for the additional itemized deductions
- General anti-avoidance rules
The seminar will be held in English.
Date and time: 15 August 2019, Thursday, 10.00 - 11.30
Venue: Level 29, Tower 1 Kerry Center, 1515 Nanjing West Road, Shanghai
Price: RMB 200
Speaker: Anthony Hung, International Tax Director of Masson de Morfontaine, HKICPA, with over 20 years of practical tax experience in both in-house and professional firm senior tax roles, previously with Pricewaterhouse Coopers, KPMG, Philips and BDO.
To register, visit their website here.
