Ministry of Finance, State Administration of Taxation
Announcement on the continuation of the implementation of preferential individual income tax policies such as one-time bonuses throughout the year
Ministry of Finance, State Administration of Taxation Announcement [2021] No. 42
In order to do a solid job in the "six guarantees" work and further reduce the burden on taxpayers, the relevant preferential policies for individual income tax will be announced as follows:
I. The Notice of the Ministry of Finance and the State Administration of Taxation on the Convergence of Preferential Policies after the Amendment of the Individual Income Tax Law (Cai Shui [2018] No. 164) stipulates that the preferential policy for the separate tax calculation of one-time bonuses for the whole year is extended to December 31, 2023; the implementation period of the preferential policy of separate tax calculation for equity incentives of listed companies is extended to December 31, 2022.
2. The Preferential Policy of Exempting the Comprehensive Income Tax Settlement and Payment of Individual Income Tax stipulated in the Announcement of the Ministry of Finance and the State Administration of Taxation on Relevant Policy Issues Involving the Settlement and Payment of Comprehensive Income Tax (Announcement [2019] No. 94 of the State Administration of Taxation of the Ministry of Finance) has been extended to December 31, 2023.
This is hereby announced.
December 31, 2021
![A daily sentence of positive energy February 11, 2022, the year, is like this, grandly come, quietly gone, year after year, year after year repeating the 5,000 years of Chinese legend[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)