1.
I'll be living in Shanghai, working for a US Based Representative Office in Shanghai. I'll be paid into a US account, my salary is more of a living expenses covered situation and I'll will receive my "income" from bonuses. Is there any way to use official fa piaos to minimize my IIT? (view full answer)
According to the rules and regulations, some of the allowances offered to foreign employees in Shanghai can be deducted before tax, e.g subsidy for rental, meal and laundry... That means you have the possibility to minimize your t...
According to the rules and regulations, some of the allowances offered to foreign employees in Shanghai can be deducted before tax, e.g subsidy for rental, meal and laundry... That means you have the possibility to minimize your tax. The allowance should be rendered by employer in non-cash way, or paid upon reimbursement. You should keep your official fa piaos with the title of your employer, and there must be article in relation to the "allowance" in your labor contract, instead of "salary".
2.
I work for a Italian company, who has a Representative Office in Shanghai. I would like to go to China for 1 year and work for the Italian company at the representative office.
If I stay for 1 year and work in Shanghai, do I have to pay taxes in China even if I'm still paying taxes in Italy? (view full answer)
Yes, if you work in China for one year, although you still pay tax in Italy, you have to pay tax in China according to China Tax Rule. After you pay the tax in China, China SAT (Tax authority) will offer you a certificate to verif...
Yes, if you work in China for one year, although you still pay tax in Italy, you have to pay tax in China according to China Tax Rule. After you pay the tax in China, China SAT (Tax authority) will offer you a certificate to verify the tax you pay in China, with which your Italian tax will be deducted. In case for the same income, the tax in Italy is higher than in China, you can pay only the difference in Italy.
