Published: April 6th, 2021,
Last updated: March 16th, 2022
Taxes in China are to be equalized between expats and locals in the coming year, as Finn Mayer-Kuckuk reports. What seems like a fair solution turns out to be a major annoyance for expats in Beijing or Shanghai: If rents or language courses are no longer tax-deductible, this would definitely have an impact on the state of their wallets. And that’s not all: The changes will also have serious consequences for the respective employers in America and Europe.