| Seminar


Lunch Talk: The New IIT Law - Impact on Companies and Employees

The new Individual Income Tax Law was adopted on 31 August 2018 and will come into full effect on 1 January 2019 – with certain of its changes applying from 1 October 2018.

Given this short time-frame, companies and employees alike are required to quickly adapt to this new piece of legislation. The major changes comprise the new categorization of income groups, a new annual accrual basis, new taxation tables, new deductions, new rules on the tax residency status as well as new anti-avoidance rules. Simon Henke of BEITEN BURKHARDT's Beijing office will introduce these changes and their effects on the tax practice of foreign companies and employees alike.

For registration and more information, please go to the eventwebsite.