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Extended period for IIT preferential policy of allowances for foreign individuals

China - 

China Tax Alert

On December 31, 2021, the Ministry of Finance and the State Administration of Taxation have decided to continue that the IIT preferential policy of allowances for foreign individuals (e.g. home visit, housing allowance, children’s tuition fee etc.). 

 The said preferential policy would be extended to December 31, 2023.