Business / Personal income tax reforms

Income tax on families would be fairer

[2012-04-20 15:33]

China's personal income tax has become a hot topic of discussion, as despite people's rising wages, inflation means people have less purchasing power.

Policy: Preferential policy for individual income tax

[2011-11-14 16:24]

If the technical personnel have difficulty in paying tax in a lump, they may pay their individual income tax by installment upon approval of the competent tax authority.

60m free from personal income tax

[2011-08-31 14:46]

A new personal income tax law of China will be implemented from Sept 1, exempting 60 million people from paying personal income tax from that date onwards, reported Wednesday.

New regulations for amended personal income tax law

[2011-07-27 22:17]

The State Council on Wednesday announced new regulations to facilitate the enforcement of the country's new individual income tax law, which features an increased monthly tax exemption threshold.

China to amend individual income tax law

[2011-06-28 10:27]

The top legislature on Monday started its second reading of an amendment to the country's individual income tax law.

NPC reviews personal income tax proposal

[2011-06-27 11:07]

The Standing Committee of the National People's Congress (NPC) will for the second time deliberate a proposed amendment to the country's personal income tax law. The committee will meet from Monday through Thursday this week, reported.

China considers law to offer personal income tax relief

[2011-04-20 12:58]

Chinese legislators are discussing a draft amendment to tax law, which aims to offer tax relief for low-income households.

Law amended to cut personal income tax

[2011-04-20 11:18]

Chinese legislators are discussing a draft amendment to tax law, which aims to offer tax relief for low-income households.

Individual Income Tax Law amendments to be reviewed this week

[2011-04-18 14:15]

The Standing Committee of China's National People's Congress (NPC) will review the Individual Income Tax Law Amendment (draft) this week, China Business News reported Monday.

Individual income tax unlikely levied on families

[2011-03-10 15:34]

China is unlikely to levy individual income tax on a family basis, but raising the tax threshold on salaries looks certain, 21st Century Business Herald reported Thursday.

Higher personal income tax threshold urged

[2011-03-04 10:08]

The Chinese public is looking for a way out of the nation's personal income tax (PIT) burden, expressing hope for a higher personal income tax threshold after the State Council proposed a plan to adjust the PIT entry.

China to adjust personal income tax

[2011-03-02 17:23]

An executive meeting of China's State Council, the Cabinet, approved Wednesday the draft plan to amend the personal income tax law and a plan to accelerate development of the Chengdu-Chongqing economic zone.