This blog is a safe space for those who identify as demigirl, demiboy, demienby, demigender demiflux, or demifluid, and aims to create a safe, supportive environment for us. We strive to provide support and advice for all members of the community who need it. Our goal is to help the community feel more safe and validated.
Individual income tax finalization for foreigners in China. By Eunice Ku. Jan. 14 â Individual income tax (IIT) is normally withheld from wages or salaries by employers and paid to the tax authorities on a monthly basis (within 15 days of the end of each month).
VAT is charged at each stage of the production and distribution process and it is proportional to the price charged for the goods and services. VAT is presently levied at the standard rate of 14% on the supply of most goods and services and on the importation of goods.The VAT on the importation of goods is collected by customs. There is a limited range of goods and services which are subject to VAT at the zero rate or are exempt from VAT.AT is an indirect tax on the consumption of goods and services in the economy. Revenue is raised for government by requiring certain businesses to register and to charge VAT on the taxable supplies of goods and services.