China Financial Daily

Administration of Taxation, Individual Income Tax Policy Implementation clear aperture
According to the Chinese Government Network news, the State Administration of Taxation issued a circular, clear personal income tax a number of policy implementation.

According to reports, recently, a number of personal income tax in some areas of policy implementation to reflect caliber not clear enough for a fair tax burden, strengthening tax collection and management, according to “The People’s Republic of China Individual Income Tax Law” and its implementing regulations and other relevant provisions, are a number of policy implementation in relation to personal income tax caliber to notify the following:

1, “State Administration of Taxation on Personal Income Tax approved a number of policy issues” (Guo Shui Han ??2002?? 629?ũ The first section of “double-income system” method to stop the implementation of tax.

Second, with regard to the taxation of directors fees

(A) “the State Administration of Taxation on the issuance of” levying personal income tax provisions of a number of issues “notice” (Guo Shui Fa ??1994?? 089?ũ provided for in Article VIII of directors fees paid by services items of income taxation method applies only to personal as the company’s directors, supervisors, and not with the company, employment situation.

(B) Individuals in the company (including associated companies) worked, employment, while part-time directors, supervisors, and should be the directors fees, supervisor fees and individual wage income combined, unified by wages and salaries derived from the project to pay personal income tax.