Taxation Recently Updated 🇨🇳 National Tax

Administrative Measures for Individual Income Tax Annual Reconcili...

Published: July 26, 2026

🤖 AI-generated summary · official source linked below

Last verified: Jul 27, 2026 · Report an issue

Executive Summary

These Administrative Measures clarify the procedures and requirements for annual reconciliation of Individual Income Tax (IIT) in China. They establish timelines, filing methods, and obligations for taxpayers and withholding agents. This update aims to streamline the reconciliation process and ensure compliance with China's IIT system.

Key Points

Taxpayers must complete annual IIT reconciliation between March 1 and June 30 each year for the preceding tax year.

The measures specify two methods for filing: via the individual income tax app or through a withholding agent.

Taxpayers with income from multiple sources or above a threshold are required to file, while others may opt out if tax has been correctly withheld.

Penalties for late or incorrect filing are clarified, including potential fines and interest on underpaid tax.

Employers and withholding agents have obligations to assist employees and provide accurate income data to tax authorities.

The measures also cover adjustments for special deductions (e.g., children's education, elderly care) and tax credits.

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📝 Update History

July 27, 2026

Policy content updated; see official source for details.