Reply To: China Tax / US Tax Question – Tax Treaty and other basics

Home Forums China Tax / US Tax Question – Tax Treaty and other basics Reply To: China Tax / US Tax Question – Tax Treaty and other basics

#5218
Anonymous
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China: You pay tax on anything you earn while you work in China so if you travel for work outside China keep good records

US: you get the first 85K tax free for foreign earned income only, money you make in the US (capital gains, bank interest, etc…) is taxed at the normal rate.

Your tax rate is much higher here than in the US so I would push for the tax equalization package but not too hard because your cost of living will be a third.

At least have them pay PWC to do your taxes.