The extension of the individual income tax reduction regulation regarding allowances and subsidies for expats in China
On August 29, 2023, the Ministry of Finance of the People’s Republic of China has published the announcement on the extension of the individual income tax regulation regarding allowances and subsidies for expats.
Expats who meet the requirements of resident individual (who has a domicile in China; or who does not have a domicile in China but has resided in China for a total of 183 days in one tax year), can chose one of the following tax reduction regulations for their income tax in China:
Special additional deduction for individual income...