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 Working life in China

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seantang
post Jan 6 2011, 07:48 PM

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Watch out for the tax. IIRC, foreigners who reside in China for more than 183 days are classified as tax residents and must pay tax on both their China-derived AND foreign-derived income. Do Google for the exact application if you have significant current income already in Malaysia etc. like dividends, rental etc. It could become taxable in China if you become a Chinese tax resident. Imagine the poetic justice if your Amanah Saham Bumiputra dividend is tax free in Malaysia but taxable in China.

This post has been edited by seantang: Jan 6 2011, 08:02 PM

 

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