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EHang Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results
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MIL-OSI China: China to speed up intercity railway service
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Some Tax-Exempt Benefits for Expats in China to Expire Next Year: Prepare for Possible Transition
Some Tax-Exempt Benefits for Expats in China to Expire Next Year: Prepare for Possible Transition April 14, 2021 Posted by China Briefing Reading Time: 6 minutes
However, due to the implementation of the
Amended PRC Individual Income Tax (IIT) Law and relevant regulations from January 2019, certain non-taxable benefits-in-kind will be replaced by additional itemized deductions for some expatriates, while other non-taxable benefits-in-kind might cease to be exempt from IIT from next year.
The policy change has sparked concerns among foreign individuals as well as their employers, who may face an increase of tax burdens or labor costs. This article explains the implications of the changed policy and provides suggestions from tax, HR, and legal perspectives.
China to speed up intercity railway service By Zheng Xin | China Daily | Updated: 2021-04-14 07:15 Share CLOSE Workers construct an intercity railway in Huai an, Jiangsu province. The railway will connect the city with the provincial capital of Nanjing upon completion. [Photo by Zhao Qirui/for China Daily]
China will speed up the planning and construction of intercity railway networks in key urban city and metropolis clusters, the country s top economic regulator said.
The government will accelerate interurban railway construction in the Beijing-Tianjin-Hebei region, the Yangtze River Delta region and the Guangdong-Hong Kong-Macao Greater Bay Area, according to the National Development and Reform Commission. Interurban railway is a type of electric railway, with streetcar-like electric self-propelled rail cars which run within and between cities or towns.
China to speed up intercity railway service--China Economic Net
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