The tax department reminds taxpayers to conduct a self-assessment of their overseas income in the past three years.

On January 16th, it was learned from the relevant department of the State Administration of Taxation that tax authorities continue to strengthen the publicity and guidance on the taxation of residents' personal overseas income. Since last year, taxpayers have been reminded to self-check the income obtained from overseas from 2022 to 2024. According to the provisions of tax laws and regulations, if taxpayers fail to declare taxes or miscalculate, resulting in non-payment or underpayment of taxes, tax authorities can recover taxes and late fees within three years; if it constitutes tax evasion, they will be dealt with according to law. Residents are required to pay personal income tax on income obtained domestically and overseas, which is an international practice that helps prevent cross-border tax evasion and protect national tax rights and interests. Tax authorities remind that paying taxes according to law is the duty of every citizen. If taxpayers find that they have not declared their overseas income as required, they should correct it in a timely manner according to law. This article is from "Xinhua News Agency", GMTEight Editor: Liu Jiayin.