Recently, Guangzhou Tax Service, State Taxation Administration, held a special seminar on Individual Income Tax(IIT) policies for foreigners who work and live in Guangzhou and the Greater Bay Area. It is a follow-up activity of the 30th National Tax Publicity Month, around the theme of “Taxation policy benefits taxpayers; further reform creates vitality”. The seminar brought a “feast” to foreign friends in English-language atmosphere with Chinese features. It is a way to provide tax support to make Guangzhou a typical gathering place for talents from home and abroad.
The reporter was informed that more than 80 foreigners attended the seminar. They mostly worked in banking, insurance, universities, foreign investment, consulting, advanced manufacturing and other establishments in Guangzhou. The presenters introduced IIT policies and cases in English, with detailed explanation of the policy contents concerning the annual tax calculation, and talent subsidies in the Great Bay Area. In addition, Guangzhou Tax Service "officially announced" the organization of the language service team and the service volunteers team for IIT .They will play an important role in helping foreigners in IIT related matters legally and conveniently.
The language service team helping answering foreign taxpayers’ questions after the seminar
"The tax officers speak English fluently and their presentations are professional. It’s the most considerate service I’ve ever had. I’d give my ‘likes’ to Guangzhou Tax!", said Elena, a researcher from Guangzhou Institutes of Biomedicine and Health, Chinese Academy of Sciences. Vetik, a foreign teacher from Guangdong University of Foreign Studies, also told reporters: "This seminar has introduced preferential policies concerning us. I think Guangzhou is full of opportunities, and I am confident that I will do well here. "
As the reporter has learned, the seminar is a curial step for Guangzhou Taxation in implementing the strategy and action plan of openning international taxation.
The language service team helping answering foreign taxpayers’ questions after the seminar
As is clarified by Yang Xuchun, Director of Guangzhou Tax Service, "The international development of Guangzhou and the Greater Bay Area with a great number of foreigners calls us to provide more international services. We hope to join hands with them to drive further in this fertile land of Guangzhou." According to him, Guangzhou Tax Service will use big data in information technology to accurately implement various tax policies for foreigners. Meanwhile, they will also build a service and management center for entrepreneurs going out of and into China. These measures will continue to promote the optimization of taxation and business environment for foreign talents and experts in Guangzhou.