Individual Income Tax thresholds and special-additional-deduction parameters updated

The State Administration of Taxation maintained the 5,000 RMB/month basic deduction (60,000 RMB/year) and the schedule of special additional deductions (housing, education, parents, mortgage interest), with annual adjustments to certain rates. Foreign workers exceeding 183 days per year are taxable on worldwide income unless qualifying for the 6-year non-domiciled-resident grace period.