orSign up

Follow us:
wechat
Living in Guangdong> Useful Info> Study

No Exemption of Income Tax on Dividend for Foreigner

2013-April-12       Source: Newsgd.com

In February, 2013, Opinion on Furthering Allocation System Reform (“Opinion”) was approved and issued. The Opinion not only calls for reforms on primary distribution and secondary distribution, but also makes changes to the foreigner’s income gained in China.

In February, 2013, Opinion on Furthering Allocation System Reform (“Opinion”) was approved and issued. The Opinion not only calls for reforms on primary distribution and secondary distribution, but also makes changes to the foreigner’s income gained in China.

The Opinion will remove the exemption of income tax on dividend and bonus for foreigners. After the removal, foreigners will be treated as national in terms of dividend and bonus gained from foreign invested enterprise. Income tax at the rate of 20% will be applicable to both domestic nationals and foreigners.

(This information is provided by Lawyer Kelly Xie from Guangdong KaiTong Law Firm in friendship. It is not any legal opinion or legal grounds addressed to any organization or individual. For inquiry, please contact Kelly via email at Kelly_xie@ktlf.com.cn or by phone on 13926185641.)

Editor: Olivia

Scan to share on WeChat

Scan to follow us on WeChat

0
Question submitted,Thank You!

Q:Where can I enjoy Cantonese cuisine?

A:As a province full of foodies, you can enjoy typical and various kinds of Cantonese cuisine here.

Key Words

Home|About us|Contact us|Southcn.com

WWW.NEWSGD.COM. All rights reserved.

WWW.NEWSGD.COM. All rights reserved.|Registered number 020074| 粤公网安备 44010402000511号|ICP备案号 粤B-20050235-8