China Taking Stricter Approach on Taxing Income of Nationals Working Abroad

According to recent reports, Chinese tax authorities are beginning to target the income of Chinese nationals working outside mainland China for taxation. While China has generally not taxed Chinese nationals on their income from working abroad in the past, Chinese expats working for state owned enterprises in Hong Kong, Macau, and Singapore have reportedly been informed to report their foreign-source income and pay the difference in tax between the taxation system of mainland China and the sy…