comparemela.com

Additional Deductions News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Annual Confirmation for Accessing China IIT Special Additional Deductions

From December 1, 2023, the annual confirmation for Individual Income Tax (IIT) special additional deductions begins. We explain the process.

Online tax bureau for natural personsAnnual confirmationAdditional deductions startsChina briefingwrittenQian zhoureading timeAdditional deductionsOperating measuresSpecial additional deductionIndividual income tax purposeTrial implementationOnline tax bureauNatural persons

China s Machine Tool Industry: Market Trends and Opportunities

China's machine tool industry, reliant on imports, offers opportunities and tax incentives to foreign businesses and investors.

United statesChina huaneng groupMinistry of industryMachine tool co ltdIndustrial machine tool enterprisesTaxation administrationReform commissionIndustrial machine tool enterprises cai shui noRd expenses for integrated circuit enterprisesAdministration commission of the state councilInformation technologyMachine tool group co ltdMinistry of finance moNational developmentGrid corporation of chinaAdministration of customs china

China Individual Income Tax - Raises to Deductions on Three Expenses

The government has raised China Individual Income Tax deduction standards on expenses related to childcare, education, and elderly support.

China raisesAdditional deduction standardsChina briefingwrittenQian zhoureading timeState councilSpecial additional deductionIndividual income taxChina briefing articleAdditional deductions

Kevin Greenard: Pension splitting may lower household tax bill

There are many ways to manage your tax liability and pension income splitting may be one of the useful tools to help achieve this with significant tax savings.

United statesRetirement income fundSpousal registered retirement savings plansCanada pension planRegistered retirement income fundRegistered retirement savings planRegistered pension planAdditional deductionsIncome average annuity contractsDeferred profit sharing planEmployee benefit planOld age securityUnited states individual retirement accountJoint electionSplit pension income

China s IIT Special Additional Deductions: An Explainer (Updated)

China has implemented special additional deductions under the new IIT Law since 2019, while nursing expenses for children under 3 become deductible in 2022

China state taxation administrationState councilInfants nursingState taxation administrationSpecial additional deductionsIndividual income taxProvisional measuresAdditional deductions

vimarsana © 2020. All Rights Reserved.