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Introduction to U.S. Form 1099-NEC Beginning with the 2020 tax year, the IRS would require business taxpayers to report nonemployee compensation on the new Form 1099-NEC instead o...
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GD Special Workers Can Buy Work-related Injury Insurance from April On 31 December 2020, the Human Resources and Social Security Department, Department of Finance and Taxation Bur...
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China-EU Investment Agreement Negotiations Completed The leaders of China and the European Union (EU) jointly announced the completion of the negotiations of China-EU Comprehensiv...
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Foreign Direct Investment Forms in China On 1 January 2020, the Foreign Investment Law of the PRC came into effect and replaced the Law of the PRC on Chinese-Foreign Equity Joint ...
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U.S. Second Round of Economic Impact Payments The IRS and the Treasury Department began issuing a second round of Economic Impact Payments, often referred to as stimulus payments,...
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China Beijing Introduction to the Implementation Measures for Supporting Multi-Channel Flexible Employment In order to broaden flexible employment development channels, optimize ...
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Circumstances in Which Individuals No Need to Pay VAT for Providing Services Individuals provide services abroad, or have cross-border taxable activites whereas can enjoy tax exem...
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China Preferential Policies Ceasing in 2021 - VAT 1. General taxpayers re-register as small-scale taxpayers General taxpayers, which meet the condition that ‘the cumulative ...
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Taiwan Increase on 2021 Withholding Amount Threshold Starting from 1 January, 2021, Taiwan basic monthly salary has been adjusted to NT$24,000. When a tax withholder pays wages to...
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China Unifies Registration for Pledge of Movable Property and Right Recently, the State council of the PRC released a circular to implement unified registration for pledge of mova...
