Personal Income tax is payable by all people living and working in Belgium unless they fall under special categories such as being granted expat status by the tax authorities. This status may be granted if you are temporarily working in Belgium for your company but your centre of personal and ...
In a mini series of two articles we would like to share some information about a topic we not only deal with in our consulting work on a daily basis, but which also affects everybody living and working in China on a very personal level: individual income tax for expats.We hope to give...
Zhuhai city, as a dancer, made a video call with the staff of the Hengqin Tax Department through the V-Tax platform, completed her identity confirmation, and obtained her registration code on the Individual Income Tax APP.
in which case the “90-day Rule” will apply for that tax year. Understanding the “Five-year Rule” is especially important for foreign companies with expats working in China for the long-term as their IIT burden may be significantly
Tax residency status will be triggered more easily because of shorter time requirements For expats who reside in China for over 183 days but less than a year, the new rule is less beneficial, considering income sourced outside of China but paid by Chinese enterprises or individuals will be tax...
The article deals with the impact of the Tax Increase Prevention and Reconciliation Act on U.S. employees working abroad and the companies that deploy them. The law raises the foreign-earned income exclusion according to Ben Garfunkel, head of the international services practice at KPMG. It also...
3) Send it off! The address for the tax authorities is on the first page of the form (centre des finances publiques), as well as the cut-off date. Simple! NOTE: You do not pay anything when you send off your tax return!The tax authorities will send you a bill (avis d’imposition...
To the same effect, the income tax proposed for the nine million foreign nationals living and working in Saudi Arabia is intended to generate non-oil revenue, as well as assist in creating new jobs for nationals, but the country”s Finance Minister, Ibrahim al-Assaf, has said that the prop...
Ltd. recently organized a webinar for the Austrian Business Community with the title “Changes in the IIT-Law – Consequences for Expats in China”. Ms. Sally Chen, partner in charge of financial and tax consulting servic...
The scope could also be expanded to not only foreign nationals but also those who qualified for Hong Kong's top talent scheme, as well as permanent residents of Hong Kong and overseas countries. The implementation for preferentia...