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【China Tax】CHINA: Day-counting residence test to take effect in January 2019

Personal income tax reforms in China were approved earlier this month. New measures include a day-counting tax residence test for non-domiciled individuals; a tax clearance requirement upon emigration; more information sharing among government departments; anti-avoidance rules, in particular regarding transfer-pricing adjustments; and capping the deduction of charitable donations at 30 per cent of taxable income.

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