Rental Tax % (Shenzhen)
I am moving to Shenzhen in a couple of weeks and have been talking to some brokers about some apartments. I have been told by agents that most foreigners pay a rental tax (between 6-8%) depending on the rental amount i.e. if it lower or above RMB 20K a month.
I am not sure I understand what this means. If this is an expat tax etc. Does anyone have any thoughts on this.