TikTok tax time: ByteDance ‘encourages’ overseas Chinese staff to declare income

As the tax filing season approaches, Chinese nationals working for ByteDance overseas have been reminded to report their income to authorities in China. For a second consecutive year, the TikTok owner has notified staff in countries including the United States, Singapore and Japan of their tax obligations – a long-standing rule that has only been enforced more strictly in recent years as Beijing seeks to bolster fiscal revenue. “Chinese nationals are generally considered Chinese tax residents,...