| Journal Call no. | HJ2240.T39 |
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| Author | Wong, Raymond. |
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| Article Title | Recent developments in individual income tax in the PRC / Raymond Wong. |
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| Is Part Of | The tax journal ; v.1, no.8, 1997, p.13-14. |
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| Abstract | The People's Republic of China (PRC) tax authorities issued a number of circulars in late 1996 concerning individual income tax (IIT). These circulars deal with the tax treatment of bonuses, IIT borne by employer and severance payments. In addition, a circular was issued in April 1997 which clarifies the non-taxable treatment of certain employment benefits received by foreign individuals working in the PRC. |
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