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Taxes don't work quite the same as the U.S. Taxes in China for the most part are pay as you go. Payroll taxes work pretty much the same as U.S. but there is n
by jhancock 17y ago
Taxes don't work quite the same as the U.S. Taxes in China for the most part are pay as you go. Payroll taxes work pretty much the same as U.S. but there is no 1040 to file each year.
As to the bullet billing, I do know a bit about that. Its something they still do and is mostly to make a social point. I have no idea if anyone actually pays and doubt there is punishment for not doing so. But no, its not tax deductible as your income was already taxed when you received your income.