In the past few years, there have been a lot of changes to the tax rules and policies from China Individual Income Tax ("IIT") perspective. One of them is the expiration of preferential tax treatments on fringe benefits by the end of 2021, which include annual bonuses, equity-based incentives, and certain expatriate benefits such as housing rental and children's tuitions.
Would these changes impact your employees in China? Have you started to look for other alternatives if the preferential treatments no longer apply? If you have not done so, it may be the time to assess the impact, if any, to your company and your employees there, and consider whether or not you will need revisit their employment arrangements and talent strategies to explore potential solutions or alternatives.
KPMG speakers will present the open discussion, sharing with you some key changes (as well as opportunities) under the China IIT law and regulations and how they may potentially impact you, your company, as well as your employees.
Remarks:
Registration Deadline: Monday, 19 April 2021
"Member Ticket" is applicable to registered chamber representative(s) only. For the colleagues/employees from the member companies, select "Corporate Member Colleague's Ticket" to enjoy the member's rate for event registration.
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