The individual income tax ("IIT") annual reconciliation and adjustment filing is a new tax declaration requirement under the new IIT law in China since 2019. It is a key process to ensure that taxpayers calculate tax correctly and pay tax or apply for tax refund accordingly. In particular, due to travel restriction under COVID-19, many foreign individuals' China tax residency status may switch from resident to non-resident for t year 2020 and thus are required to complete an annual adjustment filing by January 15, 2021.
On the other hand, tax inspection by tax authorities are getting more and more frequent, therefore especially foreign-invested enterprises should attach certain importance to the inspection work and prepare actively to prevent relevant tax risks.
For our next tax seminar we have invited two senior tax experts from PricewaterhouseCoopers Dalian to review the relevant policy requirements of final settlement and introduce the basic background of tax inspection. At the same time, the tax experts from PwC will also analyze some recent company cases and share practical experience in the actual declaration process of final settlement and tax inspection.
13:45 – 14:00 Arrival/Registration 签到
14:00 – 14:05 Welcome by German Chamber of Commerce
14:05 – 15:00 PRC IIT Annual Final Settlement 中国个人所得税年度汇算清缴
15:00 – 15:30 Coffee Break & Networking 茶歇
15:30 – 16:30 Tax Inspection & How companies can deal with it 税务稽查及企业应对方案
16:30 – 17:00 Q&A 问答
Fee: Member: RMB 100 德国商会会员 100元 | Non-Member: RMB 200 非会员 200元
Shangri-La Hotel Changchun, 569 Xi'an Road, Chaoyang District, Changchun
Please note: This tax seminar we will also organize in Shenyang on December 16.