China

Preferential policies on individual income tax

5 October 2023 1 min read

Preferential policies on individual income tax in China were set to expire on 31 December 2023; however, this has now been further extended to 31 December 2027. 

The policies include: 

  • Tax-exempt fringe benefits granted to foreign employees;
  • Annual one-off bonuses; and
  • Income from equity incentive schemes of listed companies.

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