Other Briefings
China Monthly Tax Brief: February 2024
In this monthly China tax brief, we spotlight policies and measures announced or scheduled for implementation in February 2024. These initiatives aim to clarify tax compliance, support businesses, promote headquarters, expand market access, and attract talent.
Hong Kong Budget 2024-2025 – Government Implements New Tax Arrangements and Extends Funding Schemes
The 2024-25 Hong Kong Budget introduces new tax arrangements to raise public funds and extends support policies for companies and individuals.
Hong Kong Removed from EU Watchlist Following Changes to Regulations on Foreign-Sourced Income
Under new rules on foreign-sourced income exemption, MNEs that don’t meet certain substance requirements may be taxed on some types of income derived overseas.
China Annual IIT Reconciliation in 2024: Everything You Need to Know
June 30 is also the deadline for China’s annual IIT reconciliation for the year 2023. Individual taxpayers who have not yet completed this process should act promptly.
China Extends 15% CIT Rate to Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone
Certain businesses in Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone (HTCZ) will qualify for a 15 percent corporate income tax (CIT) rate. We discuss the eligibility criteria and explain China’s preferential CIT policy.
China Monthly Tax Brief: January 2024
In this monthly China tax brief, we highlight January 2024 policies and measures announced for supporting businesses, expanding market access, facilitating cross-border tax payment and refund, and increasing tax certainties.
Preparing for the Year of the Dragon: HR Strategies and Travel Trends During Chinese New Year 2024
From arranging additional leave to issuing annual bonuses, here’s how HR teams can prepare for the eight-day Chinese New Year holiday.
VAT Refund for Hiring Disabled Employees: An Explainer
China grants businesses VAT refunds for hiring disabled employees. In this article, Amber Liu, Senior Manager of Accounting and Tax Services at Dezan Shira & Associates, explains everything you should know about this policy.
