Expatriate workers are a valuable asset for many multinational companies in China. Those companies often assign specialists or senior executives to the country for one or two years. During that secondment period, few companies localise the workers, preferring instead to keep them on home contracts and benefits packages.
New tax policy could prove expensive for multinational companies
Multinational companies in China may have to choose between a heavy tax hit and the risks of local employment contracts for expat workers
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