On January 1st, the “IIT Special Deduction Procedure (Trial Implementation)” or “Trial Implementation”, which is the first phase of the reform of special tax deductions under China’s new IIT law, came into effect.
The Trial Implementation will:
- Increase the upper limit for two categories of deductibles.
- Reform tax exempted allowance for expats.
- Change the way special tax deductions can be claimed
Further reading:
- More information about the Trial period for special tax deductions / China-Briefing
- Clarification of the tax treatments for expats under the IIT law / R&P China Lawyers
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