Category: Tax

CHINA | Individual Income Tax for Foreign Employees in China

Revised Individual Income Tax of the People’s Republic of China (“IIT”) paves significant changes IIT calculations. With the 2020 Individual Income Settlement due by 30 June 2021, we provide an insight to income tax in China and compliance requirements. Let’s jump in and answer some basic questions in three parts. Q: Who is Considered as…

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CHINA | Digital Special Value-added Tax Invoices

In May 2016, value-added tax (‘VAT’) was reformed and expanded to several key sectors. The reforms unifies all sectors within a disruptive VAT system. It provides incentives to distribute the tax burden down the VAT chain. VAT unification stands to decrease the payable VAT and improve cash flow for registered taxpayers. VAT is offset by…

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Horizons premiata da APAC Insider ‘Best International Corporate Advisory’ e ‘Leading Specialists in Transnational Corporate Transactions’ per il 2020

Horizons assiste le imprese nei loro investimenti all’estero, nel pieno rispetto delle normative locali ed estrema attenzione alle performance globali 20 ottobre 2020 — HORIZONS SHANGHAI CORPORATE ADVISORY, società di consulenza legale, fiscale e strategica con sede a Shanghai, è stata premiata dal centro di business-analysis APAC Insider come Best International Corporate Advisory 2020 e…

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