Invited by BenCham, Ms. Sophie Tian, Accounting and Tax Manager of Lee & Lee Associates, delivered a tax seminar for the Chamber’s members in Shanghai on Nov 5th, 2019.
The seminar talked about how new IIT Law which was published and took into effect from Jan 1st, 2019 has influenced foreign companies and foreign individuals in China.
During the seminar, below questions were discussed with attendees.
1） What are the important changes in the new IIT Law Implementation Regulation?
2） What are the beneficiary regulations for foreign individuals in new IIT Law Implementation Regulation?
3） How to calculate foreign individual’s IIT under new IIT Law and Double Treaty between China and foreign country?
4） What information will be exchanged under CRS?
The atmosphere of the seminar was very pleasant. Participants asked lots of questions and the event was appreciated by BenCham and attendees.
