The individual income tax is one of the most important taxes to consider, but it is not the only one. Other taxes have to be considered, especially when the individual also have income abroad. In this article, we want to introduce you the 5 things that individual should know about the Ch...
From March to 30th June, 20223.How can I apply for it and how to do it?The most common way is to apply it on the individual income tax app, which greatly simplifies the procedures.Step 01 <<<Login and preparator...
Personal Participation of Individual Taxpayer in the Annual Income Tax Return (SPT) of Income Tax (PPh) During Amnesty Tax Program Periods 1 and 2 by Business Sector in DKI Jakarta Regional Office Directorate General of TaxesPersonal Tax Payers...
click[make an appointment]to enter the appointment page, or click[handle & check]-[handle tax matters]-[appointment for tax declaration of comprehensive individual income annual settlement]to
According to the Individual Income Tax Law, the IIT annual reconciliation of 2019 only calculates and settles the refundable or supplementary taxes of the comprehensive income of the current year, which does not involve the previous or future. ...
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 ...
Individual income tax = (income – deduction) × tax rate – quick deduction In addition to the basic deduction of RMB 60,000, various types of expenses can also be deducted. These include social insurance, housing funds, children’s educational fees, further education, medical treatme...
1. He or she is a tax resident individual in China under China's tax laws; 2. He or she has obtained one or several types of comprehensive income in a tax year; 3. The taxpayer wants to apply for a tax refund ...
In other words, Individual gross income is an element of an income tax return that becomes adjusted total income, then the taxable income, following certain itemized deductions. Gross income does not have to be monetary income; it can also be in the form of property or services. Net income,...
China indiviudal income tax for Chinese residential taxpayer is pre-paid on the basis of each month income obtained, and settlement on the basis of annual comprehensive income. From March 1th, 2023 to June 30th, 2023, individuals can enter into IIT App or the individual E-tax office or go...