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China Extends Preferential Tax Policy on Foreigners’ Allowances

Dec. 31, 2021, 12:01 PM

China will extend the preferential tax policy on allowances for foreign employees till the end of 2023, according to a statement from Ministry of Finance.

  • NOTE: On Dec. 29, China Extends Income Tax Cuts in Push to Stabilize Growth
  • READ: A Third of Global Firms May Leave Shanghai on Tax Change: AmCham

To contact Bloomberg News staff for this story:
Ocean Hou in Beijing at

To contact the editors responsible for this story:
John Liu at

Paul Geitner

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