Taxation of international executives
Professional tax is levied on all personal income arising in or derived from Macau (SAR). Taxpayers are divided into two groups: employees and professional practitioners.
There is no distinction between residents and non-residents for tax purposes. An individual is regarded as being a resident of Macau (SAR) if he/she possesses an identity card issued by Macau Special Administrative Region (SAR). A non-resident is normally required to apply for non-resident working permit in order to work in Macau (SAR).
Net taxable income is taxed at progressive rates from 7 percent to 12 percent. Different rates initially apply to non-residents without working permit (e.g. business travelers), but this differential disappears at higher levels of income. Generally, all non-cash fringe benefits provided to employees are subject to income tax.
The official currency of Macau (SAR) is the Macau Pataca (MOP).
Herein, the host country/territory refers to the country/territory to which the employee is assigned. The home country/territory refers to the country/territory where the assignee lives when they are not on assignment.
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