The amendment of China Individual Income Tax (IIT) Law was approved by the National People’s Congress in June and will soon take effect on September 1st 2011.In this article, we introduce the major Amendments and calculation formular for the readers to have a practical understanding.
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Tax Law Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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