in

China to extend preferential tax policies for foreigners until end-2023

Previously, China said benefits and allowances for foreigners including housing rental and education for their children would cease to be income tax-exempt starting Jan. 1, 2022.

In recent days, the government has pledged to further cut taxes and fees in 2022 to support struggling businesses. China will also extend some favourable income tax policies to ease the burden for middle- and low-income groups.

World's First NFT Space Collection Taken By ISS Will Be Hosted By Major Crypto Influencers

Finance Redefined: Polygon fixes $24B bug, Hoskinson optimistic for Cardano in 2022, Dec. 24–31