In August 2024, the Inland Revenue Department ("IRD") issued a new Frequently Asked Questions ("FAQ") document pertaining to the Stamping of Tenancy Agreements.  With the IRD reiterating the importance of stamped tenancy agreements, the FAQ should also be considered in the context of an employer operating a rental reimbursement arrangement.

Read our article at the link below on the suggested year-end actions for employers.

Contacts:

David Siew 
Partner, People Services, Tax
KPMG China
+852 2143 8785
david.siew@kpmg.com 

Chris Lam
Manager, People Services, Tax
KPMG China
+852 3927 5910
chris.lam@kpmg.com