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Dear Members and Friends of CICC,
The China-Italy Chamber of Commerce (CICC), is pleased to invite you to the seminar "Cancellation of Non-taxable Allowances for Foreign Employees " that will be held from 9:15am to 12:00pm on March 31st, 2021. The seminar will focus on key trends on China personal tax and immigration updates.
At present, foreign individual's non-taxable BIK policy on accommodation, children’s tuition and language training in China based on Circular Guoshuifa [1997] No. 54 has no conclusion on whether it will terminate or not at the end of 2021. Many companies with foreign expatriates/ locally hired employees are closely monitoring the potential legislative changes and evaluating the cost impact for both employers and employees.
Under such circumstances, we will share the details of the legislation background, the tendency of PRC Individual Income Tax ("IIT") reform, the impacts on employers and employees by the cancellation of non-taxable Benefits-in-kind (BIK) for foreigners, and our suggestions for CICC members.
Event details
Date: March 31st, 2021
Time: 9:15 am - 12:00pm (GMT+8)
Online: Zoom link will be sent one day prior to the event
Offline Venue:
1. Shanghai Deloitte Tax Ltd. Suzhou Branch
上海德勤税务师事务所有限公司苏州分所
Address: 24/F Office Tower A, Building 58, Suzhou Center, 58 Suxiu Road, SIP, Suzhou
苏州工业园区苏绣路58号苏州中心广场58幢A座24层
2. CICC Shanghai Office
中国意大利商会上海办公室
N. 777 Weihai road, 10th Floor, Jing'An District Shanghai
上海市, 静安区, 威海路777, 10楼
Price
Member online ticket: RMB150
Member offline ticket: RMB180
Non-member online ticket: RMB180
Non-member offline ticket: RMB250
Agenda
9:15-9:30 Arrival and Registration
9:30am-10:30am
Speaker: Helen Ha, Tax Partner with Global Employer Services Team in Deloitte Eastern China
10:30am-11:30am
Speaker: Lorenzo Riccardi, Managing Partner RsA Asia Tax Advisor
11:30am-12:00pm Q&A
Due to limited number of seats for offline attendees, participants will be served on a "first-come, first-served" basis. To ensure your attendance we encourage you to register. We cannot guarantee entry to anyone who has not registered in advance.
Kind Regards,
CICC Team
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Be part of a network of over 500 Italian and Foreign companies in China and abroad. Gain greater exposure through sponsorships, collaboration opportunities and advertising on the CICC's website.
