PRC Individual Income Tax Law (5th Revision)

中华人民共和国个人所得税法 (第五次修正)

The limit for deduction of expenses raised for wage income of individuals.

1 minute readMarch 12, 2008 at 12:58 AM

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Promulgated: December 29 2007

Effective: March 1 2008

Main Contents: The Law revises Item (1) of Article 6 and raises the limit for deduction of expenses from taxable income from wages and salaries to Rmb2,000 from Rmb1,600.

clp reference:3230/07.12.29

prc reference:中华人民共和国主席令 (十屇第85号)

promulgated:2007-12-29

effective:2008-03-01

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