Nov 2009 - Tax Circular 121

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2009-11 - Tax Circular 121

New rules on the PRC Individual Income Tax ("IIT") treatments.
Elimination of the practice of treating "Double Pay" as separate monthly income for computing IIT purpose.

Combination of director fees and salaries fee income received by the same executives for IIT computation under "Salaries and Wages" head of charge.

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2009-11 New rules on the PRC Individual Income Tax ('IIT") treatments
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