On December 31, 2021, the Chinese Ministry of Commerce and State Taxation Administration jointly announced the extension of the preferential income tax treatment on expatriate fringe benefits through 2023.
As autumn sets in and the days get shorter, the thoughts of many assignees turn towards their plans for the holiday season and booking their home leave trip.
If you're like most companies, you probably view Home Leave budgeting as a time- and money-consuming challenge. Whether you use a blend of lump sum/cash allowances, reimbursement, tickets booked directly through corporate travel, or a choice between these options, difficulties often arise; they’re unavoidable!
