Individual Income Tax
Management Seminar |
Michael Page are pleased to invite you to our Individual Income Tax seminar where we will go through some basic PRC IIT concepts related to expatriate employees as well as exploring some current hot topics. Our speaker will share the practical experience, highlight the high risk areas and use real cases/examples to analyse the technical implications of the controversial areas.
PRC Individual Income Tax (IIT) is one of the main sources of tax revenue for the PRC government. Although IIT on salary and wage is the personal tax of employees, employers are obliged to act as withholding agents and report the IIT withheld to the tax authorities. In case of any wrong reporting which results in underpayment of tax, the tax authorities could also penalise the employer (being the withholding agents). Facing stronger enforcement by the tax authorities, employers should always be vigilant with IIT compliance.
Recently, we have seen that both HR and finance may have to be involved in handling these complex tax issues: |
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Permanent establishment issues due to the expatriate employees’ PRC secondment arrangement |
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IIT audit/examination carried by the PRC tax authorities |
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| Topics for discussion: |
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Basic PRC IIT concepts: How to handle PRC IIT for expatriate employees |
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Expatriate employee secondment arrangements: New challenges that have emerged and how these can be mitigated |
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IIT audits: Checking whether your company's practices stand up to the test |
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Best practice for employers: How to ensure IIT compliance and efficiency |
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| Date/Venue: |
| Shenzhen |
July 14th 2011
Grand Hyatt Shenzhen,
1881 Baoan Nan Road,
Luohu District, Shenzhen |
| Guangzhou |
July 15th 2011
36th Floor, Teem Tower,
208 Tianhe Road,
Tianhe District, Guangzhou |
Time: |
Registration 2:00pm-2:30pm
Seminar 2:30pm-5:30pm |
Language: |
Mandarin |
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About the Speaker: |
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Karmen Yeung
Partner, China Tax,
KPMG China (Hong Kong) |
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Fellow of Association of Chartered Certified Accountants |
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Fellow of HK Institute of Certified Public Accountants |
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Fellow and Council Member of The Taxation Institution of HK |
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Council Member of Institute of Accountants Exchange |
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Certified Tax Adviser (HK) |
Karmen has extensive experience in providing various PRC corporate and individual tax advisory to foreign investment enterprises in the PRC. She has advised multinational corporations on expatriate taxation matters in China including how to plan tax efficient employment structures. Karmen has also assisted companies to obtain rulings from tax authorities on certain special tax arrangements. |
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