PRC Individual Income Tax Reform (2019)
The Decision on the Revision of the PRC Individual Income Tax (“IIT”) Laws was passed by the Fifth Session of the 13th Standing Committee of the National People's Congress on 31 August 2018 and shall be implemented with effect from 1 January 2019.
To keep you ahead of change, the key amendments of the PRC Individual Income Tax (“IIT”) Laws is now available.
This document is compiled by PKF Tax and Business Consultants Limited. Please contact our tax professionals for further details.