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2023-9-1

Tax policy| Indiviudal additional deductions for IIT tax

Preferential policy fresh issued for an 1000RMB increasement about individual income tax deduction on child and elderly support, affected from Jan. 2023 for the person's nature is resident taxpayer in China. Now resident taxpayers in China can enjoy below additional deduction when calculating the individual income tax.


                                                          



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