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Chinese expats to be taxed at up to 45% on foreign income
Published on: 2020-07-23
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EXPATS 05Chinese citizens with foreign earnings were reeling yesterday from their government's announcement that it will be taxing their overseas income at up to 45%.
 

The Chinese authorities have begun tracking expats and enforcing tax filing--something they have not had to do in the past.
 

Although Beijing passed changes to its tax legislation early last year, the full effect of these has only just become apparent, with Chinese expats caught off-guard.
 

There are between 80,000 and 150,000 expat Chinese living in Hong Kong alone, most of whom would previously have had to remit around 15% of their income in taxes to the mainland government.
 

The new expat rules cover salaries, dividends, savings and property sales. There are more than 50 million Chinese expats around the world.
 

中国开始全球征税! 在不在中国居住, 都要缴税

我国已开始追踪定居国外的公民征税问题。追踪不仅限于海外,也包括香港、澳门地区工作的税收居民。
 

这意味着海外华侨很可能面临飙升的税单。举个例子,中国香港纳税的最高额度为收入的15%,而大陆地区的最高税率则为45%。虽然可以减免已纳入香港的税额,但剩下的部分也不是一个小数字。
 

目前已经有在香港经营的国有企业要求员工申报2019年的收入情况,还有位于新加坡的国有企业也收到了同样的通知。

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