Tax Policy Overview - The article discusses the tax declaration process for individuals with foreign income, emphasizing that those with a fixed employment unit should declare at the local tax authority, while freelancers or those without a fixed unit can choose between their registered domicile or their habitual residence in China [4][5]. - It clarifies that if a foreign tax year does not align with the Chinese calendar year, the declaration should be based on the last day of the foreign tax year, determining which Chinese tax year it corresponds to [5]. Policy Applicability - The policy regarding foreign income tax declaration has been applicable since the 2019 tax year, and any unclaimed tax credits from previous years can still be processed under the relevant regulations [7]. Tax Registration Requirements - When applying for tax registration, individuals must provide specific documents, including a business license, relevant contracts, and identification of the legal representative or owner [13][14]. R&D Expense Deduction - The article highlights common misconceptions regarding the R&D expense deduction policy, stressing the importance of ensuring that the R&D activities meet the necessary criteria and that expenses are properly categorized [15][16].

Core Viewpoint - The article discusses the tax obligations for individuals in China regarding income earned from overseas sources, emphasizing the importance of timely reporting and compliance with tax regulations. Group 1: Tax Reporting Obligations - Residents must report overseas income from March 1 to June 30 of the following year after earning the income [3][13] - For income earned in 2024, the reporting deadline is June 30, 2025 [13] - Tax reporting should be done at the local tax authority where the individual is employed or resides [13][15] Group 2: Types of Overseas Income - Income from providing services outside China, royalties from foreign entities, and income from overseas business activities are considered overseas income [5][6][8] - Other types include interest, dividends from foreign entities, rental income from overseas properties, and capital gains from transferring overseas assets [9][10][11] Group 3: Tax Credits and Currency Conversion - Taxes paid overseas can be credited against domestic tax liabilities to avoid double taxation [19] - Income in foreign currencies must be converted to RMB using the exchange rate on the last day of the previous month for tax reporting [20] Group 4: Residency and Tax Obligations - Individuals with a residence in China or who reside in China for 183 days or more in a tax year are considered tax residents and must report both domestic and overseas income [21][22] - Non-residents living in China for less than 183 days may be exempt from tax on overseas income under certain conditions [24] Group 5: Compliance and Penalties - Failure to report or inaccurately reporting overseas income is considered a tax violation, leading to penalties and potential audits [26][27] - Individuals are encouraged to correct any previous reporting errors promptly to avoid further complications [27]

Core Viewpoint - The article provides a detailed guide on how to declare foreign income through the Personal Income Tax APP, emphasizing the steps and necessary information required for accurate reporting [1]. Step-by-Step Summary - **Step 1**: Log into the Personal Income Tax APP, navigate to the "办&查" section, and select "综合所得年度汇算" to enter the relevant interface [2]. - **Step 2**: Choose the year for declaration, click on "取得了境外所得，点击这里," and proceed to start the declaration process [2]. - **Step 3**: Fill in basic information, and the system will pre-fill data based on the taxpayer's withholding and prepayment information. Taxpayers must report and verify five items: domestic income, foreign income, pre-tax deductions, special/additional deductions, and other deductions [5][6]. - **Step 4**: For other income types, taxpayers must report them in the "其他项目所得" section, as foreign income types require full declaration for personal income tax [12]. - **Step 5**: The system will automatically calculate the total taxable amount based on the reported data. Taxpayers need to fill in the domestic tax payable section [13]. - **Step 6**: Taxpayers must enter details of foreign income to calculate the actual tax credit available. This involves filling out three steps in the system [15][17]. - **Step 7**: Upload relevant documents for foreign tax payments, and confirm the information before submitting the declaration [21][22]. - **Final Step**: After confirming the accuracy, taxpayers can submit the declaration and must pay any additional tax owed within the specified period [23][24]. Important Notes - Taxpayers must provide proof of tax payment from foreign tax authorities to claim tax credits. If unable to provide such proof, alternative documentation may be accepted [25][26].

Core Viewpoint - The article provides a detailed guide on how to file the annual comprehensive income tax return for individuals, particularly focusing on foreign income reporting and tax credits for taxes paid abroad [1]. Step-by-Step Summary Step 1: Accessing the Tax App - Users must log into the personal income tax app and navigate to the "Comprehensive Income Annual Settlement" section to begin the filing process [5]. Step 2: Reporting Foreign Income - Taxpayers need to select the year for reporting and indicate if they have foreign income, proceeding to fill out the necessary information [7]. Step 3: Filling Basic Information - Basic information must be filled out, including domestic income, foreign income, pre-tax deductions, special/additional deductions, and other deduction items [7][8]. Step 4: Reporting Other Income Types - For income types not categorized under wages, labor remuneration, royalties, or license fees, taxpayers must fill out a separate report for other income types [15]. Step 5: Tax Calculation - The system will automatically calculate the total taxable amount based on the reported data, and taxpayers must report their domestic tax liabilities [17]. Step 6: Reporting Foreign Tax Credits - Taxpayers need to report foreign income details to calculate the allowable foreign tax credits, ensuring to fill out the total taxable amount [19][22]. Step 7: Uploading Documentation - Taxpayers must upload relevant documentation for foreign tax payments and confirm the accuracy of their submissions before finalizing the declaration [24][25]. Final Steps - After confirming all information is correct, taxpayers can submit their returns and must pay any additional taxes owed within the specified period [26][27]. Additional Information - Taxpayers can retroactively claim foreign tax credits for up to five years if they obtain the necessary tax documentation [28].