Webinar Invitation ——Interpretation of the 2019 IIT (Individual Income Tax) Annual Filing Under China's New IIT Law

The new IIT law has taken effective starting from 1 January 2019. The IIT reform is commonly perceived as the most significant reform implemented in China in the field of Individual Income Tax since 1994, and has preliminarily realized the comprehensive collection from the previous collection by category.

Starting from 1 March 2020, the first IIT annual filing has begun. You are more than welcomed to participate in our webinar, during which we will guide you to systematically understand the policies and procedures of the IIT annual filing, as well as clear the misunderstanding or concerns you may have and point out possible planning opportunities along with the release of new IIT law and regulations.         

The topics we will discuss in this seminar mainly include:

  • Brief introduction of IIT reform, interpretation of major changes of the new IIT law and case studies;
  • Interpretation of the main points regarding the 2019 IIT annual filing; and
  • Interpretation of the IIT Preferential Policies for the Guangdong-Hong Kong-Macao Greater Bay Area

 

Date:

Thursday, 16 April 2020

 Language:

Mandarin (complemented with English)

 Cost:

Free

Agenda:

Presentation: 3:00 pm – 4:15 pm

Q & A session 4:15 pm – 4:30 pm

Registration:

Please send your email to Ms. Peng for registration: katherine.peng@mazars.cn indicating information (name/company name/position/mobile phone number)

About the Speaker:

Sunny-BW.jpg

Ms. Sunny CHEN

Senior Manager, Tax Services Department, Mazars Guangzhou

Email:sunny.chen@mazars.cn

Sunny joined the Mazars in 2015. Before joining Mazars, she served in one of the Big Four International Accounting Firms and a well-known internet company.

Sunny has 12 years of experience in financial and tax area, and she is familiar with Chinese accounting standards, taxation, foreign exchange administration, and investment policies. She is a CCTA (China Certified Tax Agent).

With deep understanding of PRC IIT regulations and practice, Sunny has provided personal tax advisory and compliance services for many expatriate employees, and also provided tax advisories for large companies or groups’ share-based incentive plans. 

Sunny has served a number of international clients in various sectors like TMT (Telecommunication, Media and Technology) industry, Finance and Insurance Sector, education industry, and pharmaceuticals industry, etc. and the services covered PRC tax advisory and compliance, transfer pricing, tax restructuring, international tax advisory regarding outbound investment and hold structures, etc.

More courses, stay tuned -----

Interpretation of the main points of the 2019 CIT annual filing and changes/adjustments of CIT annual returns (Estimated time: 20 April 2020)

Reporting of related-party transactions in the 2019 CIT annual returns and preparation of transfer pricing documentation

 (Estimated time: 15 May 2020)

Interpretation of the tax impact on royalties in terms of the deepening VAT reform

(Estimated time: 10 June 2020)

Interpretation and forecast of "Value-added Tax Law of the People's Republic of China (Draft for Comments)"

(Estimated time: 24 Jun 2020)