How to Prepare Your China Annual Individual Income Tax Reconciliation (ATR) for 2023

Presenter(s):

• 

  Janice Dong

  Manager, International Payroll & Tax
  

For individual taxpayers in China, it’s time to file your Annual Individual Income Tax Reconciliation (ATR) for 2023.

In accordance with China's tax laws, resident taxpayers are required to complete the ATR reconciliation process. This process involves reviewing Individual Income Tax (IIT) payments, calculating refunds or supplementary taxes, reporting to tax authorities, and making the tax settlement. Individuals can manage the process personally, delegate it to their employer, or entrust others with the formalities.

Given the mandatory nature of this requirement, accuracy in navigating the process is crucial. Failure to do so can lead to time-consuming procedures, administrative penalties, and potential impacts on future employment opportunities for returning foreign employees. Therefore, a clear understanding of ATR filing requirements is essential.

In this webinar, our tax expert Janice Dong, Manager from the International Payroll & Tax team, will help attendees understand the ins and outs of the ATR and determine whether they meet the requirements to file in 2024 based on current regulations. Several case studies will also be reviewed to provide real-life examples.

Key Topics:

• Overview of ATR for 2023
• Do you need to complete the ATR for 2023?
• ATR procedures and case study

This webinar is FREE of charge.

For any questions or concerns, please contact Freda CHEN, at freda.chen@dezshira.com. We look forward to having you join us in this webinar, and answering any questions you might have on the subject.

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