Past Events
The Mainland's Individual Income Tax Reform – A Detailed Look at the Amendments and Its Implications on Individuals and Businesses
Changes to the PRC’s Individual Income Tax law are intended to reduce the tax burden on the working class, but the reforms could also give rise to a larger tax bill for foreign individuals working in the Chinese Mainland and increase compliance costs for employers. Daniel Hui and Kate Lai from KPMG spoke at a Chamber roundtable luncheon on 8 October to explain the amendments, which affect areas including tax residency and anti-avoidance measures. They also analyzed the potential impact on Hong Kong employers that have operations across the border and their non-Mainland domiciled employees.
2018/10/08
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