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China's expat tax reform could see more than a third of American firms leave Shanghai, AmCham says-544943 - Vimarsana News

China's expat tax reform could see more than a third of American firms leave Shanghai, AmCham says-544943

China’s expat tax reform could see more than a third of American firms leave Shanghai, AmCham says China’s expat tax reform could see more than a third of American firms leave Shanghai, AmCham says Sun Online Desk 3rd April, 2021 07:36:41 More than a third of foreign companies in Shanghai say they are considering relocation due to a plan to end foreign employee tax breaks. Photo: Getty Images More than a third of multinational firms in Shanghai are considering moving all or part of their operation out of China or to another Chinese city when tax exemptions on allowances for foreign employ...