Double tax rules to still apply following China’s IIT reform: KPMG

23 November 2018 | 3 minutes read

China’s double taxation agreements will continue to apply when China’s new individual income tax (IIT) rules are implemented, offering some relief to citizens who identify as tax residents in other jurisdictions. On 1 January 2019, the People’s Republic of China (PRC) will implement its new IIT rules that it updated in response to the Common Reporting Standard (CRS) international exchange…

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