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Forums > Living in Kunming > Wechat/Alipay changes starting 3-1-2-2022

Here's an article on it from People.cn: finance.people.com.cn/n1/2021/1126/c1004-32292994.html

It doesn't help to actually clear everything up. It seems there will be some changes coming to Wechat and Alipay payment codes, directed at individuals using their own accounts for business (merchants, bike parking attendants, etc). It looks like the big change will be the end of static payment codes for individual users.

The article stresses there will be measures to allow legitimate individual businesses to continue taking payments, but I bet that will require a bunch of tax documentation and stuff that your average street vendor will have trouble providing.

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Forums > Living in Kunming > expats paying taxes....

Here's a source, though it's just a screenshot of the Yunnan Tax Bureau announcement from yesterday: xw.qq.com/cmsid/20210105A0FI4600

It looks like there's now a 10% tax on rental income (there's something about 20% for 非住房, but I'm not sure what their exact definition of that is: second home? non-residential?).

It says you can deduct any maintenance fees you can prove with a Fapiao.

Not sure how this will stack up with other income sources for income tax. It's not specifically addressed in the announcement.

I've lived in other cities where the tax was 5%. Landlords were hesitant to rent to foreigners, because tax guys would hang out at the police station when they came to register. Landlords would try to avoid getting the income on the books in the first place, and if they couldn't they tended to insist the renter pay the tax in full, or split it down the middle.

As to how this affects foreign renters, it's too soon to tell. It depends on how and to what extent it gets enforced. Will the renting agents have to report every rental? Will the police stations where foreigners have to register forward contract details to the tax man? Who knows.

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@Ishmael: My impression was that the Bai of Heqing were the builders, making houses in a variety of minority styles all over western Yunnan, and Jianchuan was home to the carpenters who made the best window screens and eaves decorations.

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Right next to my office, so I eat here pretty often. The place has a nice garden design with lots of outdoor seating for nice days.

A nice menu of Western food with solid brunch choices, fresh fruit juice mixes, and good salads. The burger is also very good.

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Excellent Thai food served in a beautiful art deco setting. The bar is also top notch, with great cocktails, whiskys and cigars.

When the weather is good, try to get a table on the rooftop garden, which offers views of the Bird and Flower market.

May be a little pricier than some of the other Thai restaurants in town.

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An exciting new gallery space built from an old factory warehouse in the Paoluda Creative Industry Park. Looking forward to seeing what they'll do with it.

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A great little place in the middle of a beautiful valley chock full of great climbing spots.

The beds and rooms are very comfortable, though the bathrooms are shared, and of the "eco" variety (a plus as far as I'm concerned).

The owners are very helpful about everything from info on climbing spots to trip planning and getting around the area.

Also, the place is dirt cheap. I wholeheartedly recommend it.