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28 April 2021

China – Withdrawal of tax exemption on allowances for foreign employees

[Income Tax] – With the 1st of January 2022 quickly approaching, many employees are concerned about the potential abolishment of the current regime that allows for some benefits-in-kind to be exempt from tax.

Will this regime actually be terminated as of 2022?

How should we prepare?

Sylvie Savoie and He Shunshan answer your questions and share with you our analysis of the situation.

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