For Chinese citizens working in Singapore and/or countries outside China, practical tax issues and implications will inevitably arise in determining their tax residency status in China. Are they subject to China global tax under the Chinese tax law?
In this timely workshop, the Trainer will explain the technical grounds on who will not be a China tax resident and what should be done to reduce the China tax risks.
A Highlight of Key Areas:
- What is the definition of Chinese tax resident under China tax law
- Why a Chinese ID card holder with Singapore permanent resident status may be a non-China tax resident
- Actions to be taken to reduce the risks as being a Chinese tax resident and keeping the Chinese citizenship
- The technical and practical risks of declaration and payment of China tax on offshore incomes and CRS (Common Reporting Standard)