How Will the New Individual Income Tax Reform Affect You?

China is making major amendments to the Individual Income Tax Law. With public consultation on the draft law recently completed, the first changes are set to take effect on October 1, 2018, and the full law taking effect on January 1, 2019. It is time to review how the new law will impact your business.

Dezan Shira & Associates, in partnership with the Danish Chamber of Commerce in China, are hosting an event to discuss the changes in the latest draft and answer questions like:

• What are the new tax rates taking effect on October 1st?
• How will the switch from Monthly to Annual tax calculation affect yearend bonuses paid after January 1st?
• Which special deductions for foreigners are being cancelled?
• What new deductions will be available in the future?
• What will the removal of “the five-year rule” mean for expats with overseas income?

As this is still a draft law not all questions can be fully answered. However, familiarizing yourself with the upcoming amendments will be of utmost importance for future tax planning.

Speakers:

Paul Dwyer is the Director and head of Dezan Shira & Associates' International Tax and Transfer Pricing practice. He provides a diverse range of tax services to companies across a wide range of sectors investing and operating throughout the Asia Pacific region (in particular in Hong Kong and Mainland China). Paul's role is regionally focused and entails providing and coordinating legal, accounting, regulatory and investment advice.  

James Zheng is a Senior Tax Specialist, at Dezan Shira & Associates, with more than 10 years of both finance and tax work experience gained in Mainland China and Australia. He advises a diverse range of clients on a variety of PRC tax and compliance issues. James is particularly experienced in assisting clients with respect to tax administration and audits, business combinations, and de-registration. James is qualified as a CPA and is also a member of The Chartered Institute of Management Accountants (CIMA). 

Program:

18:30 - 19:00 Registration and networking

19:00 - 20:00 Presentations

20:00 - 20:30 Q&A

How to Sign Up:

Those who register through Dezan Shira & Associates can enjoy the special member price of RMB 50! 

Please email laureneiko.fujino@dezshira.com with your name, company name, and title. 

Deadline to register is September 17th.

Please make the payment via WeChat QR code below or Alipay before September 17th.

Alipay Account: 138 1811 4020

Account Name: JANUS RUNE GRIMNITZ

Please note that registration is binding. No-shows will be charged unless cancelled before September 17th.