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    山东体彩十一选五技巧:China unveils new individual income tax rules for exemption

    山东十一选五 www.rtbce.com Xinhua | Updated: 2019-03-17 00:40

    BEIJING -- China Saturday announced specific rules concerning tax exemption to reduce the amount of individual income tax (IIT) paid on incomes earned overseas.

    According to the rules jointly unveiled by the Ministry of Finance and State Taxation Administration (STA), individuals who have lived on the Chinese mainland for six consecutive years and have stayed there for 183 days or more each year will need to pay IIT on their overseas-sourced incomes. Otherwise, their incomes earned overseas will be IIT exempt.

    The clock for the six-year period will be reset if the individual leaves the mainland for more than 30 consecutive days in a year, according to the rules.

    The rules, coming into effect on Jan 1, 2019, also stipulated that a stay of less than 24 hours on the mainland will not be counted as a day, and the count started from Jan. 1 this year.

    The adjustment marked more generous tax exemptions on overseas-sourced incomes of foreigners and non-mainland citizens working in the mainland. The move will attract more foreign investment and overseas talent to work in the mainland, the STA said in a statement on its website.

    Previously, the exemption was for tax residents who have lived on the mainland for less than five years.

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  • 新零售聚能创变 e栈多无人售货机获耀盛中国亿元融资 2019-09-11
  • 其实啊也不奇怪,菜做好了先来一份尝尝味道于是提前开吃了。 2019-09-11
  • 利好不断!新能源汽车正在迎来春天 2019-09-10
  • 南昌婴儿安全岛何时开放 2019-08-12
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  • 房奴!房奴!亚历山大幸福吗? 2019-08-04
  • 周厚健代表:企业高质量发展的落脚点是做好产品 2019-07-26
  • 重庆市经济信息委多措并举推动制造业与互联网深度融合 2019-07-26
  • 奥尼尔晒出自己修脚视频:该死,她不得不带个口罩 2019-07-18
  • [酷]此文已经把马克思理论、边际理论、人类需求层次理论、生物学理论、心理学理论、社会管理学理论等理论在哲学层面完美融合了! 2019-07-14
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  • 如何制作、存储腌腊肉?闻着有“哈喇味”就千万别吃了 2019-06-19
  • 网络智库:山西制造需要补齐职业教育的短板 2019-06-15
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