● Withhold and remit tax

In accordance with the tax law or the administrative regulations, entities and individuals with withholding obligations should withhold the tax payment on behalf of the tax authorities from the income paid to the taxpayers, and release them to the tax authorities. 

 

●  Handling fees for Individual income tax （IIT） withholding

The tax authorities shall pay the fees at a rate not exceeding 2% of the withholding tax to withholding agents. The annual maximum paid to an agent is 700 KRMB. No fees would be paid in excess of the limit.

 

● Time arrangement for applying for handling fees for IIT withholding tax in 2020 from January 1, 2021 to March 30, 2021

 

●  How to submit the application:

   1. Via Natural Person E-Tax Bureau (withholding terminal)

   2. Via https://etax.chinatax.gov.cn/

 

● Relevant Policy：

 Notice on Further Strengthening the Administration of commission for withholding/Collecting/entrusting Taxes (Caihang  [2019] No.11) 

Back： VAT input tax deduction of Travel expenses
Next：Tax exemption for small-scale taxpayers