Taxation in China

The new Corporate Income Tax Law and Implementation Regulations came into effect on 1 January 2008. Understanding tax rules and regulations in China can be a particularly daunting task. Many rules are not published, while those that are can often be ambiguous and contradictory. Moreover, practice often does not parallel the written regulations.

To learn more about Chinese taxation in general, please visit:

An Overview of Taxation in China

This information has kindly been provided by AustCham Member GNS China, a corporate and investment advisory firm that specialises in the China market. For further information, please visit: www.gnschina.com.

For detailed information about income tax in China, and to get an estimate of your income tax liabilities please visit the website of S.J. Grand, a financial advisory firm which services foreign-invested companies in China: http://www.sjgrand.cn/individual-income-tax-calculator