In the News: China Raises Individual Income Tax Threshold; Introduces New E-commerce Law

September 03, 2018 | BY

Jacelyn Johnson

China approves reform to Individual Income Tax Law and introduces the much-awaited E-commerce Law; both will take effect from January 1, 2019.

China Passes New Individual Income Tax Law

The Standing Committee of the National People's Congress (NPC) passed the amendments to the PRC Individual Income Tax Law on August 31. The new law will become effective on January 1, 2019.

The reform introduces a new statutory length of residence rule for non-Chinese residents changing the current 365-day consecutive residence requirement to 183 days.

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]