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According to the CIA World Factbook, China's tax revenue represented 22.6% of its GDP in 2013. It's highest bracket for corporate tax is 25%, while it's highest bracket for individual tax is 45%. Click here to see tax treaties that China has with other countries.
Sections in TAXATION IN CHINA:
» Overview of Tax Issues for Expats in China
» Employment Taxation for Expats in China
» Business Taxation for Expats in China
» Investment Taxation for Expats in China
» Tax Treaty Considerations for Expats in China
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If you are considering moving to China or are soon to depart, you can find helpful information and advice in the Expat Briefing dedicated Chinese section including; details of immigration and visas, Chinese forums, Chinese event listings and service providers in China.
From your safety to shopping, living in China can yield great benefits as well as occasional drawbacks. Find your feet and stay abreast of the latest developments affecting expats in China with relevant news and up-to-date information.
Working in China can be rewarding as well as stressful, if you don't plan ahead and fulfill any legal requirements. Find out about visas and passports, owning and operating a company in China, and general Chinese culture of the labour market.
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