Time to file those annual tax returns!

The lawyers over at Dezan Shira are reminding us that expatriate employees in China are required to file their annual individual income tax returns by end March for income earned in 2007. Not sure if you're subject to the self-declaration? Well, you need to file if you meet the following five conditions:

1) An annual income of more than RMB120,000
2) Income derived from two or more places inside the People’s Republic of China
3) Income derived partly or fully from sources outside the People’s Republic of China
4) Have received taxable income but not paid tax
5) Other conditions regulated by the State Council

More details here!

Photo from dtchina