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CN Investors Reportedly Asked to Pay Extra Personal Income Tax on Overseas Investment Earnings from 2022 & 2023
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Multiple investors in Beijing, Shanghai, and Hangzhou confirmed on Tuesday (11th) that they have been required to pay additional personal income tax on overseas investment earnings, primarily from 2022 and 2023, following notifications from local tax authorities, China Business Network reported on Monday (10th). Prior to this, sources familiar with the matter had told the outlet that the tax retroactive application period for many investors in the aforementioned regions mainly covers the past three years. AAStocks Financial News |
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