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Taxation - China

Question

Q&A Regarding Retained Information for Annual Reconciliation of Individual Income Tax

Answer
Q:
What reference materials need to be retained for 5 years regarding children's education?
A:
If children receive education abroad, they should keep overseas education supporting materials such as admission notices from overseas schools and study visas.

Q:
What reference materials need to be retained for 5 years regarding continuing education?
A:
Taxpayers who receive vocational qualification continuing education for skilled personnel or professional and technical personnel should retain relevant certificates of vocational qualifications and other materials.

Q:
What reference materials about housing loan interest need to be retained for 5 years?
A:
Information such as housing loan contracts, loan repayment expense vouchers, etc.

Q:
What reference materials about housing rent need to be retained for 5 years?
A: Information such as housing rental contracts or agreements.

Q:
What reference materials need to be retained for 5 years regarding supporting the elderly?
A: The written allocation agreement or other information regarding the agreed or specified allocation

Q:
What reference materials should be retained for 5 years regarding infant and young child care?
A:
Medical certificate and other materials related to the birth of the child.

Q:
What reference materials need to be retained for 5 years regarding major medical conditions?
A:
The original or photocopy of medical service fees and medical insurance reimbursement related invoices for critically ill patients, or the annual medical expense list issued by the medical security department.

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