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Updates on Individual Income Tax Policies in Mainland China

Written by Tricor Group | Jan 22, 2022

Tricor Mainland China is pleased to publish ”Tricor Insights - Updates on Individual Tax Income Policies in Mainland China”.

Cai Shui [2021] No.42 & No.43 was recently announced with the preferential tax policies for one-time annual bonus, employee share ownership plan, and tax exempted allowance for expatriate resident taxpayers being extended.

In this edition of Tricor Insights, Tricor Mainland China summarized the issues related to circular 42 & 43 and shared our suggestions to the three preferential policies.

​Download "Tricor Insights: Updates on Individual Income Tax Policies" below and contact Susan Peng, HR & Payroll Service Associate Director of Tricor China at susan.peng@cn.tricorglobal.com and Peter Xu, HR & Payroll Service Supervisor of Tricor China at peter.xu@cn.tricorglobal.com for more information.