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As the end of the year approaches, many multinational companies are now preparing for a new round of budgets for next year and even the year after.Given that labour costs are one of the most important considerations in annual budgets and that many MNCs have lots of expa-triates.As a general introduction, we would like to address the impact of Chinese Individual Income Tax ("IIT") on expatriates in China in the following areas so that MNCs and expatriates can plan better from a tax perspective. |