Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

China applies 20pct income tax to foreigners' dividends, bonuses from foreign enterprises

BEIJING: China will apply a 20 per cent individual income tax to dividends and bonuses that foreign individuals receive from foreign enterprises in China, according to a finance ministry statement on Tuesday.

China applies 20pct income tax to foreigners' dividends, bonuses from foreign enterprises

We haven't written up this one. New Straits Times has the full story — the link below goes straight to it.

Read the original at nst.com.my →

More in Finance & Markets

$562 billion gamble on chip boom

The government has unveiled a budget that deserves more scrutiny than applause. The proposed 2027 spending plan amounts to 820.9 trillion won ($562 billion) — 93 trillion won, or 12.8 percent, larger…

The College Wage Premium in the Generative AI Era

After expanding for four decades, the U.S. college wage premium is experiencing a sustained contraction, dropping sharply from 0.626 in 2022 to 0.575 in 2026.

  • College wage premium declined from 0.626 in 2022 to 0.575 in 2026
  • Generative AI exposure led to -0.086 wage decrease in AI-exposed occupations
  • AI impact accounts for 28% of overall reduction in college wage premium

More from Wednesday 2 September →