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Individual Income Tax Law Amended

 

The Individual Income Tax of the PRC has been newly amended and will come into force on 1 September 2011. The individual income tax threshold in Mainland China was raised from 2,000 Yuan a month to 3,500 Yuan.

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NOTICE: The material contained herein is in the nature of general comment and information ONLY and neither purports, nor is intended, to be advising on any particular matter. Readers should not act or rely upon any matter or information contained in or implied by the publication without taking appropriate professional advice.

 

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