Search Results for: business

Building a better tomorrow: Horizons Italy presents seminar on Corporate Social Responsibility and Sustainability in the construction sector for Belarusian delegation

On 13 March Horizons Italy and International Supply Chain Academy (ISCA) held a seminar on Corporate Social Responsibility and Sustainability in the construction sector for a delegation of government and construction industry representatives from Belarus. The seminar was delivered by Lucia Myriam Netti, Horizons regional partner for Europe, Russia and Belarus. Heading up the Belarusian delegation was Mr. Moroz Aleksander, the first Deputy General Director of the Republican unitary enterprise “Glavgosstroyekspertiza”.

The Republican Unitary Enterprise “Glavgosstroyekspertiza” is a government-owned […]

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Financial Q & A: Repatriating earned income and other money from China — follow the rules, avoid Illegal foreign exchange trading

In China, carrying out foreign exchange transactions outside of designated foreign exchange banks, the China Foreign Exchange Transaction Centre or its local branches is illegal. Foreign exchange in China is strictly regulated and any violation of regulations can be dan be deemed as a “disruption to the market” and result in criminal penalties.

Foreign individuals working in who wish to repatriate their taxed salary to their home-country bank account should fully understand both the procedure for repatriating one’s taxed salary […]

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China tax alert: individual income tax deductions — catch yourself up with the new changes in play on IIT calculations

The revised Individual Income Tax Law of the People’s Republic of China stands to significantly affect workers’ monthly net salaries going forth in 2019. From 1 January, individuals monthly net salaries should have risen from their December salary, as the individual withholding tax calculation has been altered from a monthly taxable basis to annual accumulated income basis (although tax is still withheld on a monthly basis). What’s more, the type of deductions applied to calculate the monthly taxable income has […]

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