China Tax/Business News Flash

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Feb 2013, Issue 5

Update on China individual income tax rebate in Hengqin Island for Hong Kong and Macao residents

In December 2012, the Provincial Finance Bureau of Guangdong issued the <Provisional Administrative Measures on the Individual Income Tax Rebate for Hong Kong and Macao Residents Working in Hengqin New Area of Zhuhai> (the “Hengqin IIT Rebate Measures”) which provides guidelines to implement the IIT rebate program to attract talents working in Hengqin.

In this issue of News Flash, we would like to highlight the implementation details of the IIT rebate program in Hengqin and share our observations.

Other issues of China Tax/Business News Flash
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Innovative tax and customs policies introduced to Hengqin Island in the Pearl River Delta (Sep 2011, pdf file, 115KB)