2022 Taxable Benefits for Expats 31 Mar

The seminar "Cancellation of Non-taxable Allowances for Foreign Employees", organised by China-Italy Chamber of Commerce (CICC) will be held from 9:15am to 12:00pm on March 31st, 2021. The seminar will focus on key trends on China personal tax and immigration updates.


At present, foreign individual's non-taxable BIK policy on accommodation, children’s tuition and language training in China based on Circular Guoshuifa [1997] No. 54 has no conclusion on whether it will terminate or not at the end of 2021. Many companies with foreign expatriates/locally hired employees are closely monitoring the potential legislative changes and evaluating the cost impact for both employers and employees.


Under such circumstances, we will share the details of the legislation background, the tendency of PRC Individual Income Tax ("IIT") reform, the impacts on employers and employees by the cancellation of non-taxable Benefits-in-kind (BIK) for foreigners, and our suggestions for CICC members.


Date: March 31st, 2021

Time: 9:15 am - 12:00 pm

Online: Zoom link will be sent one day prior to the event.

Offline Venues:

1. Shanghai Deloitte Tax Ltd. Suzhou Branch

Address: 24/F Office Tower A, Building 58, Suzhou Center, 58 Suxiu Road, SIP, Suzhou


RSVP: infosuzhou@cameraitacina.com


苏州工业园区苏绣路58号苏州中心广场58幢A座24层

2. CICC Shanghai Office

N. 777 Weihai road, 2nd Floor, Room 202, Jing'An District Shanghai

Price

Member online ticket: RMB150

Member offline ticket: RMB180

Non-member online ticket: RMB180

Non-member offline ticket: RMB250

Agenda

9:15am-9:30am Arrival and Registration


9:30am-10:30am

Speaker: Helen Ha, Tax Partner with Global Employer Services Team in Deloitte Eastern China


· Updates on Talent Incentives in China

· Latest Trends and Market Insights on Benefits-in-kind Tax Legislative Change

· China Immigration Updates

· Global Mobility Insights on COVID-19


10:30am-11:30am

Speaker: Lorenzo Riccardi, Managing Partner RsA Asia Tax Advisor


· 2022 Tax impact on Benefits, Bonus, Stock Options/2022

· South China Personal Tax Policy (Hainan, Hong Kong)

· Worldwide taxation and China-Italy New Tax Treaty

· Tax Comparison Italy, China, South East Asia

11:30am-12:00pm Q&A

Please note that participants will be served on a "first-come, first-served" basis due to limited number of seats for offline attendees. To ensure your attendance we encourage you to register. We cannot guarantee entry to anyone who has not registered in advance.

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