China Tax
Just heard on the grape vine that the salary is paid in 2 parts. One in Yuan and the other in US Dollars and that the tax paid by the airline to the Chinese authorities is based only on the Yuan.
Which means no tax is paid on the US dollar amount. Wouldn't one be liable for tax on the dollar amount in the home country.
So if one is an Australian resident, is the TOTAL salary which is supposedly net, converted to gross, then to Australian Dollars and the tax calculated on that amount? obviously getting credits for the tax paid. Or is it just the amount not taxed i.e. the USD converted to AUD and the tax paid on that amount?
Thanks
MBA