Event Details

According to Notice of issues concerning the transitional policies on preferential tax treatments under the amended individual income tax ("IIT") law (i.e. Caishui [2018] No. 164), with effect from 1 January 2022, the preferential tax treatment on annual bonus & equity based income for tax resident and non-taxable treatment for certain benefits-in-kind ("BIK") offered by the employer for foreign individuals shall be ceased, such as housing allowance, language training, children education fee.  

 

The abolishment of the above mentioned preferential tax treatments could result in significant impact on both employer and employee, we would like to invite you to attend the seminar on December 23 conducted by Deloitte.  They will share some insights on the potential tax implication and how to deal with this change. 

Venue

voestalpine Bohler Welding (China) Co Ltd

No.121 Xingpu Road, SIP, Suzhou

If you have any questions please contact Michelle Xue

Contact Organizer

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Registration

Due to site restrictions and requirements for epidemic prevention and control, there are  40 seats. Please register for this workshop as soon as possible if you would like to participate in. 

Agenda

1:30 PM - 2:00 PM
Arrival and Registration
2:00 PM - 2:30 PM
PRC IIT Policy Transition - Circular 164
- Annual bonus
- Non-taxable benefits-in-kind;
- Equity based incentive income.
2:30 PM - 2:45 PM
Summary of Impact of Changes
Based on part 1 introduction, high-level summarize the potential impact due to the PRC IIT policy transition
2:45 PM - 3:00 PM
Potential Solutions
Brainstorm with the audiences on the potential solutions
3:00 PM - 3:15 PM
Local Financial Subsidy Introduction
Share with the audiences about some local financial subsidy policies
3:15 PM - 3:30 PM
Q&A Session
3:30 PM - 4:00 PM
Network and Christmas tea break

Speakers

  • Helen Ha (Tax Partner at Deloitte Suzhou Office)

    Helen Ha

    Tax Partner at Deloitte Suzhou Office

    Helen Ha is a Tax Partner with Global Employer Services Team in Eastern China. Helen started her career with another "big 4" and has over 20 years experience in the GES area.

    Helen has served a wide range of key accounts in industries such as famous automobile manufacturing companies, leading financial institutions, as well as PRC domestic companies and PRC high net worth individual clients.

    Helen has broad experience in managing large scale international assignment engagements and delivering services covering personal tax compliance/advisory, social security advisory, foreign exchange advisory, merger and acquisitions PRC individual income tax (IIT) and social security due diligence/health check programs, “best practice" HR/mobility policy benchmarking, international mobility management, foreigners' localization programs, global equity plan design advisory and roll out, compensation and benefits structuring, discussions and communications with tax authorities to facilitate settlement in complicated cases, immigration compliance and consulting etc.

    Helen’s expertise also covers tax advisory on PRC high net worth individuals who are going abroad for personal/business investments.
    Helen is a Certified Tax Agent of PRC and a Fellow CPA of Australia.

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  • Cindy Sheng (Tax Senior Manager at Deloitte Suzhou Office)

    Cindy Sheng

    Tax Senior Manager at Deloitte Suzhou Office

    Cindy is a tax senior manager based in the Deloitte Suzhou office, specializing in PRC Individual Income Tax ("IIT") compliance and consulting services for expatriates working in China. Cindy has over 14 years of experience in China providing cross-border tax planning and compliance services to expatriate employees and multinational organization.

    Cindy has advised multinational companies in a wide range of industries including banking, pharmaceutical, chemical, automobile, trading, retail, architecture and manufacturing. She has extensive experiences in providing international assignment services, compensation and benefits services, cost project services, identification and execution of cost savings opportunities, international human resources and talent rewards services.

    Cindy is a Certified Tax Agent of PRC.

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Tickets

DUSA Members
Standard Price Complimentary
Non Members
Standard Price RMB 100

Language

Chinese

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